PPG (NYSE:PPG) today reported third quarter 2019 net sales of approximately $3.8 billion, comparable with the prior year. Net sales in constant currencies were about 2% higher versus the previous year, driven by higher selling prices of 2.6%, and acquisition-related sales, net of divestitures, of more than 2%. Aggregate sales volumes were down nearly 3% […]
Collision Repair Education Foundation and PPG Celebrate Over $700,000 Raised to Support Collision Schools and Students in Past Ten Years
2020 fundraiser scheduled for July 21 in Philadelphia, Pa. The annual Collision Repair Education Foundation industry fundraiser celebrated its 10 year anniversary of the automotive refinish business unit of PPG co-hosting the event. The event has raised over $700,000 since 2009 to support scholarships and grants for collision schools and students. The 2019 event included […]
PPG-Sponsored Track Walk Raises $32,000 for Speedway Children’s Charities
PPG (NYSE:PPG) today announced that the recent Track Walk fundraising event for the New Hampshire chapter of Speedway Children’s Charities (SCC) generated more than $32,000 to help fund the organization’s educational, medical, social and financial efforts for children in need. PPG has served as the event’s sole sponsor for more than 10 years. The 2019 […]
PPG Names Knavish, Liebert Executive Vice Presidents
Tim Knavish assumes responsibility for global automotive refinish business. PPG (NYSE:PPG) announced that Tim Knavish and Rebecca Liebert will be appointed executive vice presidents and join the company’s Executive Committee, effective Oct. 1. Knavish currently serves as PPG senior vice president, architectural coatings, and president, PPG Europe, Middle East and Africa (EMEA), and Liebert currently […]
Private Equity Firm Reported Partnering with PPG in Bid to Acquire Axalta
According to a report by Reuters, PPG Industries Inc. (NYSE:PPG) and the private equity firm Clayton, Dubilier & Rice LLC (CDR) are among groups considering acquiring Axalta Coating Systems Inc. (NYSE:AXTA). Also reported to be considering a bid for Axalta is a partnership between Platinum Equity LLC, and Koch Industries Inc. According to Reuters, the […]
PPG Selected for DOE Partnership to Develop Adhesives for Lightweight Vehicles
PPG (NYSE:PPG) announced that it has been selected for a U.S. Department of Energy (DOE) partnership that will use supercomputing resources to accelerate the development and testing of structural adhesives for vehicles built from lightweight materials. The project was authorized by the DOE Vehicle Technologies Office, with funding provided by the High Performance Computing for […]
PPG Launches Automated Paint Mixing System in Europe, Middle East and Africa
PPG (NYSE: PPG) today announced the launch of its Moonwalk automated paint mixing system for the Europe, Middle East and Africa (EMEA) automotive refinish industry. The self-contained system brings a new level of speed, precision, quality and color consistency to the body shop mixing process. The MoonWalk system is sized to fit all mixing rooms […]
PPG Project Commemorates 50th Anniversary of Apollo 11 Moon Landing
PPG (NYSE:PPG) today announced the completion of a Colorful Communities project to revitalize the Saturn V rocket replica displayed at the U.S. Space & Rocket Center (USSRC) in commemoration of the 50th anniversary of the Apollo 11 moon landing. The project brought together approximately 150 employee volunteers from PPG, USSRC and Boeing, who spent a […]
PPG Joins I-CAR Sustaining Partner Program
PPG (NYSE:PPG) announced that it has joined the recently formed I-CAR Sustaining Partner program. The Sustaining Partner program is a long-term initiative that engages the collision industry’s leading suppliers to support I-CAR in its value-driven technician training opportunities. The program’s goal is to generate additional funding that will help decrease the cost of delivering I-CAR […]
PPG Launches Delfleet One Commercial Coatings in US, Canada
Next-generation coatings provide outstanding color matching, productivity boost, ultra-low VOC emissions. PPG (NYSE:PPG) announced the introduction of its Delfleet One paint system to the U.S. and Canadian markets. This complete and compact line of advanced coatings is formulated to address the refinish needs of the commercial transportation industry. PPG engineered these next-generation coatings to […]