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SHW confirms HQ on Public Square, R&D to Brecksville

CLEVELAND, February 6, 2020 The Sherwin-Williams Company (NYSE: SHW) today announces it is finalizing plans to build a new global headquarters in downtown Cleveland and a new R&D center in the Cleveland suburb of Brecksville. The plans follow an extensive competitive site selection processand are contingent upon completion of standard due diligence, approvals of incentives and other matters at the state, county and city levels, and resolution of business and legal matters that accompany such major real estate investment projects

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Sherwin-Williams seeks Bedrock site for R&D

It seems that Sherwin-Williams’ (SHW) new research and development (R&D) facility may not wander far from home after all, according to three high-level sources who asked not to be identified.

In light of SHW executives wanting the new R&D facility to be built as close as possible to their company’s new headquarters (HQ), the global coatings giant is reportedly in negotiations with Bedrock Cleveland and its lawyers at Taft Stettinius & Hollister LLP to secure land for its R&D site.

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