Industry News

Valspar Opens its Latest Research & Development Center in China

Published on 2011-12-22. Author : SpecialChem

MINNEAPOLIS & SHUNDE, China -- The Valspar Corporation announced the opening of its new research and development center in Shunde, China. Built with the highest standards in safety and energy efficiency, the Valspar Applied Science and Technology Center will employ over 200 scientists to support the continued growth of Valspar in Asia Pacific and Valspar's research and development on a global basis. The grand opening event was attended by more than 400 guests, including customers, suppliers, and governmental officials.

Commenting on the center opening, Valspar President and Chief Executive Officer Gary Hendrickson said, "This facility enables us to bring a higher level of value to our relationships in the Asia Pacific region by allowing us to be closer to our customers. The research and development center will give our customers a unique competitive advantage. Valspar's strategy is to continue to invest in our people and our businesses in China."

Valspar's 2011 global sales totaled US$4 billion, including sales in Asia Pacific of US$1 billion. Nearly half of the sales in the Asia Pacific region are in China, where Valspar currently has five manufacturing facilities. Valspar produces and sells high-quality coatings for numerous end-markets in China, including consumer paints, food and beverage packaging, shipping containers, furniture, building products, and agricultural and construction equipment.

About The Valspar Corporation

The Valspar Corporation is among the global leaders in the paint and coatings industry. Since 1806, Valspar has been dedicated to bringing customers the latest innovations, the finest quality and the best customer service in the coatings industry.

Source: The Valspar Corporation

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