PPG (NYSE:PPG) announced that it has entered into an agreement to acquire the powder coatings business of Arsonsisi, an industrial coatings company based in Milan, Italy. The transaction is expected to close in the first quarter of 2022, subject to customary closing conditions. Financial terms were not disclosed. Arsonsisi is a leading supplier of specialty […]
PPG Reports Fourth Quarter Sales Up 12% from Last Year
Refinish volume improved but remain below pre-pandemic levels. PPG (NYSE:PPG) reported record fourth quarter 2021 net sales of approximately $4.2 billion, an increase of 12% versus last year that was negatively impacted by the pandemic. According to the company, while underlying demand in most end-use markets remained strong, fourth quarter results continued to be significantly […]
Tim Knavish Appointed Chief Operating Officer at PPG
PPG (NYSE:PPG) today announced the appointment of Tim Knavish, executive vice president, as chief operating officer, effective March 1, 2022. Knavish will have executive oversight responsibility for all of PPG’s strategic business units and operating regions and for the information technology (IT), environment, health and safety (EH&S), and procurement functions. He will remain based at […]
PPG Launching Deltron NXT Solventborne Refinish System
Phased rollout collision repair facilities starting in January. PPG (NYSE:PPG) announced the launch of the PPG Deltron NXT refinish system, representing a major upgrade to the current PPG Deltron DBC solventborne product line. Major features incorporated in the PPG Deltron NXT system include more than 30 new toners that comprise the latest liquid pearls and […]
Irene Tasi Appointed Chief Growth Officer at PPG
PPG (NYSE:PPG) today announced the appointment of Irene Tasi as chief growth officer (CGO), effective December 6. In this newly created role, which reports to PPG Chairman and Chief Executive Officer Michael McGarry, Tasi will lead and accelerate PPG’s growth agenda with responsibility for corporate strategy, long-range planning, marketing, brand and sales excellence, digital, market-driven […]
PPG Launches Online Training for Commercial Vehicle Paint Technicians
PPG (NYSE:PPG) today announced that the recently launched PPG Knowledge College learning management system now provides technicians with online instruction on proper application procedures for PPG commercial vehicle paint systems. Offering both free and fee-based content, PPG Knowledge College’s commercial training catalog offers a wide array of on-demand training videos covering PPG Delfleet Essential, PPG […]
PPG Introduces Wheel Refurbishing Solution for Commercial Vehicles
PPG (NYSE:PPG) today announced the launch of the PPG Wheel Refurbishing Program featuring the PPG ENVIROCRON family of powder coatings. Specifically created to address the needs of commercial tire retread centers, the new program efficiently transforms rusty, corroded wheels to near-original equipment quality. “Our customers asked for more than just a powder coating,” said Jamie […]
PPG Reports Third Quarter Sales of Nearly $4.4 billion
Organic sales growth led by higher selling prices of nearly 6%. PPG (NYSE:PPG) today reported financial results for the third quarter 2021. Net sales were $4.372 billion, up 19% from $3.685 billion in the third quarter last year. Net income was $344 million, down 22% from $442 million in the third quarter of 2020. The […]
PPG AdjustRite Commercial Estimating System Now Offers QuickBooks Integration
PPG (NYSE:PPG) today announced that its AdjustRite commercial estimating system can now integrate with both QuickBooks Desktop and QuickBooks Online to streamline the automotive refinish invoicing process. “We gave the PPG AdjustRite system the ability to integrate with QuickBooks based on customer feedback,” said Doug Orr, PPG AdjustRite manager. “A large number of our customers […]
PPG Introduces UV-Cured Primer Surfacer to U.S. and Canadian Refinish Markets
System can be fully cured, ready to sand in just 2 minutes. PPG (NYSE:PPG) announced the launch of PPG OneChoice SU1280 UV-Cured Primer Surfacer for the U.S. and Canadian automotive refinish markets. Available in a spray-gun-applied quart, the primer surfacer with advanced UV-cure coating technology can be sanded in just two minutes after application. “This […]
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