Monday, October 26 2015
Waco, TX -- The Sherwin-Williams Company (NYSE: SHW) announces plans to expand its Waco, Texas presence with the construction of a new state-of-the-art, 600,000-square-foot distribution facility in the Waco International Aviation Park. Sherwin-Williams will invest $39 million including a 49-acre land acquisition, personal and real property. The facility will retain 264 permanent, full-time positions and is expandable to accommodate additional growth. The company currently occupies 440,000-square-feet in Texas Central Park, also located in Waco.
Sherwin-Williams established its first Waco distribution facility in 1989. The expanded operations are a result of the company's continued growth in product demand and a long-established partnership with the city of Waco, McLennan County and the Waco Industrial Foundation.
"Sherwin-Williams is pleased to continue and expand our relationship with the Waco community," said Francis Huppmann, Sherwin-Williams vice president of operations. "The Sherwin-Williams - Waco partnership is positive economic development for the entire area."
"Although we place a high emphasis on recruiting new businesses to the area, it is of equal importance that we support the expansion of businesses already located in McLennan County," said Judge Scott Felton, McLennan County Judge. "We are grateful that Sherwin-Williams will expand its location here and continue its longtime partnership with our area."
"This is a company we really want to keep in Waco," said Mayor Malcolm Duncan Jr., city of Waco Mayor. "With their values, and their commitment to quality over the long period they've been in business, this is something we should be proud of."
The Sherwin-Williams Company, founded in 1866, is one of the world's leading companies engaged in the manufacture, distribution and sale of coatings and related products to professional, industrial, commercial and retail customers. Learn more about Sherwin-Williams at Sherwin-Williams.com.
With 41,715 associates and $11.1 billion in sales, S-W is the USA's #1 paint and coatings company; #3 in the world.
The company manufactures products under well-known brands such as Sherwin-Williams®, HGTV HOME® by Sherwin-Williams, Dutch Boy®, Krylon®, Minwax®, Thompson's® Water Seal®, Ronseal™, Sayerlack®, Euronavy®, Altax™ and many more.
With global headquarters in Cleveland, Ohio, Sherwin-Williams® branded products are sold exclusively through a chain of more than 4,100 company-operated stores and facilities, while the company's other brands are sold through leading mass merchandisers, home centers, independent paint dealers, hardware stores, automotive retailers, and industrial distributors.
The Sherwin-Williams Global Finishes Group delivers a wide range of products to the automotive refinishes, product finishes, and protective and marine markets in 115 countries around the world. For more information, visit www.sherwin.com.
About the Greater Waco Chamber:
Since 2006, Greater Waco has seen more than $1.02 billion in new capital investments and $596 million in riverfront and downtown development, making it an attractive place to live, work and play. Greater Waco is landscaped with top-rated higher educational institutions, including Baylor University, McLennan Community College and Texas State Technical College Waco.
The Greater Waco Chamber leads economic development efforts for the area, targeting five key industries for growth, including: Advanced Manufacturing, Aerospace and Defense, Health Care, Professional and Financial Services and Supply Chain Management. For more information, visit WacoChamber.com.