PPG reaches agreement with Knauf for sale of Plaka plasterboard business
PPG today announced that it has reached a definitive agreement to sell the assets of its Mexico-based Plaka plasterboard and cement-board business to Knauf International GmbH. The transaction is expected to close in the first half of 2017, subject to regulatory approvals and other customary closing conditions. Financial terms were not disclosed.
PPG completes COLORFUL COMMUNITIES project at Whare Koa Mangere Community House in New Zealand
PPG today announced the completion of a COLORFUL COMMUNITIES™ project in Mangere, New Zealand, near Auckland that helped to revitalize Whare Koa Mangere Community House. The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world, such as in Auckland, where PPG has an industrial coatings manufacturing facility and a multibusiness sales office.
PPG to announce fourth quarter and full-year 2016 results Jan. 19, 2017
PPG announces details for its fourth quarter and full-year 2016 earnings release and teleconference call, Thursday, Jan. 19, 2017.
Goodguys Custom Rod of the Year Award won by PPG-painted Studebaker
A gleaming black 1953 Studebaker, painted by Alan Johnson and his team at Johnson’s Hot Rod Shop in Gadsden, Alabama, using PPG automotive refinish products, was named the 2016 Goodguys Custom Rod of the Year.
New brochure highlights breadth of PPG general industrial finishes products
PPG has published a new general industrial finishes brochure, highlighting coatings solutions for two dozen industries, from electrical components and pipe and tube products to fastener products, light-duty equipment, tools, medical instruments and machinery, and miscellaneous construction.
PPG enhances University Talent Power Program to provide career advice to college students in China
PPG successfully completed the 2016 University Talent Power Program in China. This year, the company provided more than RMB 470,000 in scholarships for 110 talented students in 11 Chinese universities. Also, PPG enriched the program with the launch of the Career Intelligence Class, which provided professional quality and soft-skills training for over 700 college students about to enter the workforce.
PPG initiates global restructuring, targeting $125 million in annual savings
PPG announced today that its board of directors approved significant and broad restructuring actions to reduce its global cost structure. The actions are focused on certain regions and end-use markets where business conditions are weakest, and they are targeting structural reductions in operating, functional and administrative costs.
PPG Foundation donates $15,000 to Chicago Urban League for Project Ready
The PPG Foundation recently donated $15,000 to the Chicago Urban League to support the organization’s science, technology, engineering and math out-of-school program and summer camp for middle-school students, Project Ready. The donation was made on behalf of PPG’s architectural coatings facilities in Batavia and Aurora, Illinois, near Chicago.
PPG-painted Supercar 'Vicious Mustang' debuts at SEMA Show
The 2016 SEMA Show featured an array of custom cars and trucks, concept vehicles, motorcycles and special projects, each more amazing than the last. But one PPG-painted car, a 1965 Ford Mustang owned by Chris Marechal and dubbed “Vicious Mustang,” created a buzz for taking "custom" to a whole new extreme.
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PPG introduces DURASTAR ULTRA-COOL coil coatings
PPG has introduced DURASTAR™ ULTRA-COOL™ coatings, which combine an advanced silicone-modified polyester (SMP) coatings formulation with infrared-reflective (IR-reflective) pigments to enhance the beauty and extend the service life of metal roofing, siding, panels and other building components.