Business & Tech

Sherwin-Williams Building New Headquarters In Cleveland

The paint maker will also build a research and development center in Brecksville.

CLEVELAND — After months of deliberation, the Sherwin-Williams Company announced it will build its new global headquarters in downtown Cleveland and a new research and development center in suburban Brecksville.

The new developments call for a combined minimum investment of $600 million. Sherwin-Williams expects to add up to 400 employees at its new facilities over time, the company said. Many of the new positions will be professional staff, including engineers and chemists.

The Cleveland headquarters will be just west of Public Square, between St. Clair Avenue and Superior Avenue. The facility will be 1-million-square-feet in size.

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"Our plans to continue investing in Cleveland and Northeast Ohio build on our 154-year legacy as one of the region's top employers and drivers of economic activity," said Sherwin-Williams Chairman and CEO John G. Morikis.

The Brecksville facility will serve as a corporate anchor for a mixed-use development project and will be approximately 500,000-square-feet in size, the company said. The R&D center will be located off of I-77, at Miller Road and Brecksville Road.

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However, company officials said they have not yet determined how the development of the new R&D center in Brecksville will impact the current Sherwin-Williams research facility in Cleveland, on W. Prospect.

Finding Home

The search for a new headquarters for Sherwin-Williams started in September 2019. The company announced it was considering moving its facilities out of Cleveland by 2023 because its current building was outdated. The company's current headquarters is located at 101 W. Prospect Avenue and is 90-years-old.

"We currently operate out of a 90-year-old headquarters building that has served us well but is no longer conducive to meeting our future needs. The major planned investment in Cleveland and Northeast Ohio we are announcing today reflects our confidence in the continued strength of the region and its people and our public partners' ability to deliver on their commitments," said Morikis.

Sherwin-Williams explored moving its headquarters to other states and other cities in Ohio. However, company officials said they were pleased by the pitch made by Governor Mike DeWine, Cuyahoga County Executive Armond Budish and Mayor Frank Jackson.

"Sherwin-Williams has been a tremendous asset to our community, and we're pleased to see their planned commitment for continued growth," said Budish. "This project again demonstrates that our region can compete on the national stage, and we intend to use this model as an example for other companies to locate in Northeast Ohio."

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