Automotive refinish sales up high-single digit percentage. The Sherwin-Williams Company (NYSE:SHW) announced consolidated net sales increased 6.3% in the second quarter to a record $6.24 billion. Net sales from stores in U.S. and Canada open more than twelve calendar months increased 9.5% in the quarter. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased 31.4% […]
Parker-Hannifin Corporation Executive Chairman Thomas Williams Joins Sherwin-Williams Board
The Sherwin-Williams Company (NYSE:SHW) announced that its Board of Directors elected Thomas L. Williams to the Board, effective July 18. Williams also was appointed to the Compensation and Management Development Committee of the Board. Sherwin-Williams’ Board now consists of ten members, including nine independent directors. Williams, 64, currently serves as Executive Chairman of Parker-Hannifin Corporation […]
Colors On Parade Partners with Sherwin-Williams on Color Matching Technology
Colors On Parade, the service provider of mobile automotive paint and body repairs in the U.S. has partnered with Sherwin Williams Automotive to bring SMARTmatch Technology to the general public. Colors On Parade has been a major service provider to the automotive dealership industry for 35 years with over 250 service units in 55 markets […]
Sherwin-Williams Issues 2021 Sustainability Report
The Sherwin-Williams Company (NYSE: SHW) today issued its 2021 Sustainability Report: Building on the Good, reflecting progress made in its environmental, social and governance (ESG) journey. Recent Company achievements include: Published the Company’s first report that aligns with the Task Force on Climate-Related Financial Disclosures (TCFD) framework Collected in 2021 more than 1.0 million gallons […]
Sherwin-Williams Acquires German Coatings Company
The Sherwin-Williams Company (NYSE:SHW) announced an agreement to acquire Gross & Perthun GmbH, a Mannheim, Germany based developer, manufacturer, and distributor of coatings primarily for the heavy equipment and transportation industries. The acquired business has approximately 100 employees and annual sales of approximately $50 million, and will become part of the Sherwin-Williams Performance Coatings Group […]
Sherwin-Williams Debuts Collision Core E-Solution
Suite provides collision repair facilities with five interconnected tools to manage their businesses. Sherwin-Williams announced the debut of the Collision Core suite of programs designed to address key business operations in a shop including Inventory, Production, Color, Quality and Scorecard (Diagnostics). “Collision Core is a series of interconnected solutions, or apps, that provide visibility […]
Heidi Petz Named President and Chief Operating Officer at Sherwin-Williams
Justin Binns named President, The Americas Group and Karl Jorgenrud as President, Performance Coatings Group. The Sherwin-Williams Company (NYSE: SHW) announced today that its Board of Directors has elected Heidi G. Petz to serve as President and Chief Operating Officer effective March 1. Since 2020, Ms. Petz, 47, has served in senior leadership roles in […]
Sherwin-Williams Breaks Ground on New Global R&D Center
Facility based in Brecksville, Ohio expected to open in 2024. The Sherwin-Williams Company (NYSE: SHW) is pleased to announce that it held a groundbreaking ceremony October 22 to signal the official start of construction for the Company’s new global Research and Development Center. Part of the Building Our Future project, the 600,000 square-foot facility located […]
Sherwin-Williams to Acquire European Industrial Coatings Business of Sika
The Sherwin-Williams Company (NYSE:SHW) announced it has signed an agreement to acquire the European industrial coatings business of Sika AG. The transaction is expected to close in the beginning of 2022. Based in Germany with additional sales and technical support in Poland, Austria and Switzerland, Sika’s European industrial coating business engineers, manufactures and sells corrosion […]
Sherwin-Williams Announces Second Quarter Collision Repair and Refinish Training Schedule
The second quarter Sherwin-Williams training curriculum featuring 22 courses has been released. These sessions, intended for collision repair industry professionals at every experience level, equip attendees with the skills needed to maximize profitability and increase productivity. “Continuing education is critical in the automotive industry due to its ever-changing, fast-paced nature,” says Rob Mowson, marketing vice […]
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