(BRK.A), (BRK.B)
Lubrizol, a Berkshire Hathaway company, has announced a multi-million-dollar investment to modernize and expand its global headquarters in Wickliffe, Ohio, as it approaches its 100th anniversary in 2028. The project underscores the company’s commitment to Northeast Ohio and positions Lubrizol for its next century of innovation, collaboration, and global impact.
The investment will consolidate Lubrizol’s Brecksville employees and capabilities into the Wickliffe campus, bringing more than 1,000 Northeast Ohio employees together at a single location. By uniting teams under one roof, the company aims to enhance collaboration, speed decision-making, and expand professional development opportunities in a modernized workplace designed to support breakthrough science and innovation.
Planned improvements include upgraded laboratories, expanded innovation capabilities, and the addition of a Lubrizol experience center. Renovations will also enhance the employee experience through interactive workspaces, updated on-site cafeterias, and flexible multipurpose areas for meetings and events. Construction will be completed in phases over the next two years.
“By uniting our teams under one roof, we’re building an even more connected and agile organization to drive lasting impact,” said Rebecca Liebert, Lubrizol President and CEO, noting the company’s roots in Northeast Ohio dating back to its founding in a Cleveland garage nearly a century ago.
State and local leaders praised the investment as a major economic development milestone for Lake County and the region. The project reinforces Lubrizol’s role as one of the area’s largest employers while strengthening its global reach, with innovations from Northeast Ohio supporting customers in nearly 100 countries. Lubrizol will continue to maintain operations in Painesville and Avon Lake as part of its broader regional footprint.
© 2026 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.