The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paint, coatings and related products to professional, industrial, commercial, and retail customers primarily in North and South America with additional operations in the Caribbean region, Europe, and Asia. Segments The company operates through four segments: Paint Stores Group, Consumer Group, Global Finishes Group, and Latin America Coatings Group. Paint Stores Group This segment consisted of 4,003 company-operated specialty paint stores in the United States, Canada, Puerto Rico, Virgin Islands, Trinidad and Tobago, St. Maarten, Jamaica, Curacao, Aruba and St. Lucia as of December 31, 2014. Each store in this segment engages in the related business activity of selling paint, coatings and related products to end-use customers. This segment markets and sells Sherwin-Williams branded architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items. These products are produced by manufacturing facilities in the Consumer Group. In addition, each store sells selected purchased associated products. Consumer Group This segment develops, manufactures, and distributes various paint, coatings and related products to third party customers primarily in the United States and Canada, and the Paint Stores Group. Global Finishes Group This segment develops, licenses, manufactures, distributes, and sells various protective and marine products, automotive finishes and refinish products, OEM product finishes and related products in North and South America, Europe, and Asia. This segment meets the demands of its customers for a worldwide product development, manufacturing and distribution presence, and approach to doing business. This segment licenses certain technology and trade names worldwide. Sherwin-Williams and other controlled brand products are distributed through the Paint Stores Group and this segment’s 300 company-operated branches and by a direct sales staff and outside sales representatives to retailers, dealers, jobbers, licensees, and other third party distributors. As of December 31, 2014, this segment consisted of operations in the United States, subsidiaries in 34 foreign countries and income from licensing agreements in 16 foreign countries. Latin America Coatings Group This segment develops, licenses, manufactures, distributes and sells various architectural paint and coatings, protective and marine products, OEM product finishes and related products in North and South America. This segment meets the demands of its customers for regional product development, manufacturing and distribution presence, and approach to doing business. Sherwin-Williams and other controlled brand products are distributed through this segment’s 276 company-operated stores and by a direct sales staff and outside sales representatives to retailers, dealers, licensees and other third party distributors. As of December 31, 2014, this segment consisted of operations from subsidiaries in nine foreign countries, four foreign joint ventures, and income from licensing agreements in seven foreign countries. Seasonality The majority of the sales for the company’s segments traditionally occur during the second and third quarters (year ending December 2014). Trademarks and Trade Names Paint Stores Group: This segment’s major trademarks and trade names include Sherwin-Williams, ProMar, SuperPaint, A-100, Duron, MAB, PrepRite, Duration, Duration Home, ProGreen, Harmony, ProClassic, Woodscapes, Deckscapes, Cashmere, HGTV Home by Sherwin-Williams, Emerald, Duracraft, Solo, ProIndustrial, ProPark, Frazee, Parker Paints, Kwal, Color Wheel, and General Paint. Consumer Group: This segment’s major trademarks and trade names include Dutch Boy, Krylon, Minwax, Thompson’s WaterSeal, Pratt & Lambert, Martin Senour, H&C, White Lightning, Dupli-Color, Rubberset, Purdy, Bestt Liebco, Accurate Dispersions, Uniflex, VHT, Kool Seal, Snow Roof, Altax, Tri-Flow, Sprayon, Ronseal, DuraSeal, Geocel, Conco, Duckback, Superdeck and Mason's Select, and HGTV HOME by Sherwin-Williams. Global Finishes Group: This segment’s major trademarks and trade names include Sherwin-Williams, Lazzuril, Excelo, Baco, Planet Color, AWX Performance Plus, Ultra, Ultra-Cure, Martin Senour, Kem Aqua, Sher-Wood, Powdura, Polane, Euronavy, Inchem, Sayerlack, Becker Acroma, Firetex, Macropoxy, Oece, Arti, Acrolon, Sher-Nar, PermaClad, Heat-Flex, Magnalux, ATX, Genesis, Dimension, Finish 1, Lanet, DFL, Conely, Envirolastic, and Fastline. Latin America Coatings Group: This segment’s major trademarks and trade names include Sherwin-Williams, Marson, Metalatex, Novacor, Loxon, Colorgin, Andina, Napko, Martin Senour, Sumare, Condor, Euronavy, Krylon, Kem Tone, Minwax, and Pratt & Lambert. History The Sherwin-Williams Company was founded in 1866. The company was incorporated in Ohio in 1884.
sherwin-williams co/the (SJ3:Frankfurt)
101 West Prospect Avenue
Cleveland, OH 44115
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