Valspar to expand R&D centre in Minneapolis, US

MINNEAPOLIS, US: The Valspar Corporation plans to expand its research and development campus and renovate its former headquarters building, located in downtown Minneapolis, US. This world-class environment for developing industry-leading coatings technologies and applications further demonstrates the company’s commitment to growth and innovation.

The project will also create up to 135 full-time jobs over the next two years, including high-paying roles in the material sciences. Valspar is investing $30 million in the project, which will add 87,000 square feet of laboratory, meeting and office space. The project is expected to be completed in early 2014.

“Expanding our Minneapolis R&D centre is a prime example of Valspar’s global leadership in coatings innovation and technology. Expanding our Minneapolis R&D centre is a prime example of Valspar’s global leadership in coatings innovation and technology. We will devote more resources toward developing differentiated coatings technologies to address the changing needs of our customers. Our scientists and researchers will have access to a best-in-class facility to more quickly and efficiently bring these solutions to market,” said Gary Hendrickson, Chairman and CEO, Valspar.

© WOC News