PPG reports record first quarter results
PPG Industries today reported record first quarter 2014 net sales from continuing operations of $3.6 billion, up $528 million, or 17 percent, versus the prior year. First quarter 2014 reported net income from continuing operations was $277 million, or $1.97 per diluted share. First quarter 2014 adjusted net income from continuing operations was $279 million, or $1.98 per diluted share, which excludes $2 million, or 1 cent per diluted share, for acquisition-related costs.
PPG directors approve 10-percent dividend increase to 67 cents per share
The board of directors of PPG Industries today approved a 6-cents-per-share increase in the company’s dividend, declaring a regular quarterly dividend of 67 cents per share, payable June 12 to shareholders of record May 12.
PPG board of directors authorizes $2 billion share repurchase program
PPG Industries announced today that its board of directors has authorized the repurchase of $2 billion of outstanding common stock. The authorization is effective immediately, does not expire and gives management discretion in determining the conditions under which shares may be purchased.
PPG Chairman notes successful 2013, record financials during annual meeting
PPG Industries today held its annual meeting of shareholders in Pittsburgh, where Chairman and Chief Executive Officer Charles E. Bunch spoke about the company’s recent strategic progress and record financial performance.
PPG supports Waltonville Grade School art classes
Donna Burlison, customer service representative at PPG Industries’ industrial coatings manufacturing facility in Mt. Vernon, Ill., recently presented a PPG Industries Foundation check to support Waltonville Grade School art classes to Delisa Hale, art teacher, and Dawn Hamson, principal. The grant will fund the purchase of new art supplies providing students with the right tools to express their creativity.
PPG supports Wayne City Grade School music
Jeff McKay, quality control technician at PPG Industries’ industrial coatings manufacturing facility in Mt. Vernon, Ill., recently presented to Jessica Fagan, Wayne City Grade School art teacher, a PPG Industries Foundation check to fund a two-year subscription to Quaver Marvelous World of Music.
PPG congratulates Gatorland Toyota
Representatives of PPG Industries' automotive refinish business attended a recent special recognition dinner celebrating Gatorland Toyota of Gainesville, Fla., as one of three recipients of the 2013 Toyota Certified Collision Center of the Year award.
PPG Aerospace qualifies eco-friendly wash primer coatings system to AMS 3095
PPG Industries’ aerospace business has qualified a new chromate-free wash primer coatings system to SAE International’s Aerospace Material Specification 3095 for airline exterior paint.
PPG hosts DURANAR coatings seminar in Hong Kong
PPG Industries’ industrial coatings business recently held a successful seminar on DURANAR® coatings at the Hong Kong International Commerce Centre (ICC), highlighting its fluoropolymer coatings and introducing a new product under the Duranar brand. More than 100 building owners, designers, architectural consultants and members of the Curtain Wall Association attended the seminar.
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SOLARBAN 72 STARPHIRE glass named a 2013 product of the year by USGlass
SOLARBAN® 72 STARPHIRE® glass by PPG Industries (NYSE:PPG) has been selected by readers of USGlass magazine as a 2013 Product of the Year. Designed for exceptional clarity and solar control, insulating glass units (IGUs) made with Solarban 72 Starphire glass feature one lite of uncoated Starphire glass and another with a triple-silver coating engineered specifically for application on a Starphire glass substrate.