SAN JUAN DEL RIO, Queretaro, Mexico, March 18, 2014 –
PPG Industries (NYSE:PPG) today announced plans to invest more than $27 million in its San Juan del Rio, Queretaro, Mexico, coatings manufacturing facility.
The photo of San Juan del Rio complex shows where the
expansions will occur - click to enlarge the image in a new window.
The expansion project will add four new buildings to the current complex, representing approximately 100,000 square feet of additional production and laboratory space. The company officially initiated the expansion today with a groundbreaking event and anticipates completion in 2015. The expanded facility is expected to employ more than 115 people, a 30 percent increase over its current workforce.
The additional capacity will enable PPG to meet increasing demand for its coatings by automotive OEM, protective and marine, packaging and industrial customers in Mexico. The expansion project will incorporate eco-friendly building designs, provide natural light in employee areas, use intelligent lighting systems to maximize energy efficiency and incorporate water recycling capabilities.
“This growth project is another important step for PPG’s future in Mexico. It will enhance PPG’s capability to serve the country’s fast-growing automotive manufacturing market with the latest waterborne and compact process technologies that today’s global automotive OEMs are demanding,” said Adriana Macouzet, PPG general manager, Latin America North. “The expansion enables us to meet the additional demand stemming from rapid growth in recent years by our Mexico-based customers and provide PPG coatings to other local end-use markets.”
PPG: BRINGING INNOVATION TO THE SURFACE.™
PPG Industries' vision is to continue to be the world’s leading coatings and specialty materials company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Net sales in 2013 were $15.1 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com and follow @PPGIndustries on Twitter.
Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.
Leonor de la Peña Limas
PPG Latin America North
+52-427-271-9100 ext. 3567
PPG Corporate Communications
PPG Investor Relations