With over 11,000 employees in 26 countries and a company history that spans two centuries, it was the sixth largest paint and coating corporation in the world.

[citation needed] On March 20, 2016, Sherwin-Williams announced its intention to pay $9.3 billion to acquire Valspar.

[3] Over the next 50 years, the dealership changed owners and names several times and was eventually acquired by Augustine Stimson.

The advertising tagline, "The varnish that won't turn white" made Valspar a household name.

Famous users of Valspar included Robert Peary in his 1909 expedition, the U.S. military during World War I, and Charles Lindbergh during his 1927 solo intercontinental flight.

In 1960, Valspar merged with Ralph Baudhuin's Rockcote, which gave the company more manufacturing in the midwestern U.S. and a new headquarters in Ardmore, Pennsylvania.

[citation needed] Richard Rompala, formerly of PPG Industries, became president of Valspar in 1994, chief executive officer in 1995, and chairman in 1998.

[7] Because of the cooling economy, restructuring charges from 14 plant closings in 2001, increasing raw materials prices, and higher debt servicing costs, Valspar's 26 consecutive years of earnings growth ended.