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Sherwin Williams slowing down plans for new headquarters

Sherwin Williams
Posted at 4:22 PM, Apr 15, 2020
and last updated 2020-04-15 16:22:37-04

CLEVELAND — Sherwin Williams is slowing down their plans for their new downtown and Brecksville headquarters due to the COVID-19 pandemic.

The company said their need for a new headquarters remains unchanged, but they want to keep everyone safe.

They released the following statement:

“During the COVID-19 pandemic, spending related to the Sherwin-Williams new global headquarters and new R&D center is paused near term as the Company focuses on the health and safety of our employees, customers and communities. The most critical planning activities for the project will continue, though at a slower pace. We will continue to work with state and local partners and look forward to finalizing the remaining economic development package agreements. The strategic reasons we’ve previously outlined for a new global headquarters and new R&D center remain unchanged. Sherwin-Williams operates out of a 90-year old headquarters building that is no longer able to meet the needs of our 21st century, growing workforce.

"The Company has not yet named a design architect and no design renderings are available. The project timetable remains unchanged. Any transition to the new facilities is not expected to occur until 2023 at the earliest. We will communicate any substantial project updates to you when we have them.”

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