The Valspar Corporation is an international manufacturer of paint and coatings based in Minneapolis, Minnesota. It is the fifth largest paint and coating corporation in the world. The 200+ year old Valspar was founded in 1806 as a paint dealership in Boston, Massachusetts. The Valspar name emerged in 1903 as a new clear varnish, and became the company name in 1932.
The Web.com Tour (formerly Nationwide Tour) is the developmental tour for the U.S.-based PGA Tour, and features professional golfers who have either failed to score well enough at that level's Qualifying School (the main tour's qualifying tournament, popularly referred to as "Q-School") to earn their PGA Tour card, or who have done so but then failed to win enough money to stay at that level. Those who are on the top 25 of the money list at year's end are given PGA Tour memberships for the next season. In 2010, Nationwide announced it would end its sponsorship. Hogan, Nike and Buy.com have also sponsored the tour in the past.