Valspar opens new R&D centre in China

Valspar opens new R&D centre in China

11:51 PM, 22nd December 2011
Valspar opens new R&D centre in China

MINNEAPOLIS, US/ SHUNDE, CHINA: Valspar Corporation opened its new research and development centre in Shunde, China. Built with the latest standards, the Valspar applied science and technology centre will employ over 200 scientists to support continued growth of Valspar in Asia Pacific and R&D activities on a global basis. “This facility enables us to bring value to our relationships in Asia Pacific region by bringing us closer to customers. The research and development centre will give our customers a competitive advantage. Our company strategy is to continue to invest in our people and businesses in China,” said Gary Hendrickson, Chief Executive Officer and President, Valspar.

Valspar’s 2011 global sales totaled $4 billion, including sales in Asia Pacific of $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.

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