Reports record fourth quarter net sales in the aerospace, automotive refinish and automotive original equipment manufacturer (OEM) coatings. PPG (NYSE: PPG) today reported record fourth quarter net sales of $4.4 billion, up 4% year over year (YOY), including organic sales growth of 1%. For the full year, the company reported record sales of $18.2 billion; […]
PPG Donates Digital Mixing System to Refinish School in Germany
PPG (NYSE:PPG) today announced that it has donated a MoonWalk digital mixing system as well as other tools, technical support and training to the Meisterschule für Fahrzeuglackierer (Master School for Vehicle Painters) at the Handwerkskammer (Chamber of Crafts) Regensburg, a school for master students in the automotive painting trade. “This donation marks a milestone in […]
PPG Brings MoonWalk Automated Paint Mixing System to Mexico
PPG (NYSE:PPG) announced the launch of its revolutionary PPG MoonWalk automated paint mixing system in Mexico. The system offers significant benefits for car refinishing, improving quality and efficiency, saving time and labor costs and reducing material waste. “Historically, the color mixing process in vehicle refinishing has been laborious and detailed, requiring precision and time,” said […]
PPG to Support Refinish Education in France to Address Skills Shortage
PPG (NYSE: PPG) announced a partnership with France’s National School of Automotive Professions and Mobility (GARAC) that aims to help address the skills shortage in the automotive refinish sector. PPG will provide training expertise and digital tools including its PPG MOONWALK automated paint mixing system. “The shortage of skilled personnel, particularly among the younger generations, […]
PPG Earns Equality 100 Award in 2023 Corporate Equality Index
PPG (NYSE:PPG) announced it again received a perfect score of 100 percent on the Human Rights Campaign (HRC) Foundation’s 2023 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to lesbian, gay, bisexual, transgender and queer (LGBTQ+) workplace equality. PPG has been listed on the index for 20 […]
PPG Reports Record Third Quarter Sales of $4.6 billion
Net sales were up 4% year over year. PPG (NYSE:PPG) today reported net sales of $4.644 billion for the third quarter 2023, up 4% from $4.468 billion last year. Net income was $426 million, up 29% from $329 million in the third quarter of 2022. Tim Knavish, PPG chairman and chief executive officer, commented on […]
PPG, PPG Foundation Invest $2 million to Prepare Students for Skilled Trade Careers
PPG (NYSE: PPG) and the PPG Foundation today announced a commitment to invest $2 million through 2025 to support workforce development initiatives that provide training and opportunities for future skilled workers in manufacturing and coatings application. The commitment aims to introduce students to the diverse and high-tech career paths within modern industry and provide them […]
Tim Knavish Elected PPG Chairman and CEO
Michael McGarry to retire as Executive Chairman. PPG (NYSE:PPG) announced that its Board of Directors has unanimously elected PPG president and chief executive officer (CEO), Tim Knavish, 58, as chair of the company’s Board of Directors and CEO, effective Oct. 1. Knavish succeeds Michael McGarry, 65, who served as chairman and CEO from 2016 to […]
PPG Introduces New Sustainability CO₂NCEPT System to Help Auto Body Shops Reduce Energy, Waste and Emissions
PPG (NYSE:PPG) today announced the launch of the PPG Sustainability CO₂NCEPT system, a suite of products, processes, digital tools and consulting services designed to help body shops in Europe, Middle East and Africa (EMEA) markets reduce energy, waste and greenhouse gas emissions throughout the automotive repair process. “Like many industries, there is immense pressure for […]
PPG, PPG Foundation to Invest $5 million in Environmental Sustainability Education
PPG (NYSE:PPG) and the PPG Foundation today announced a commitment to invest $5 million by 2030 in environmental sustainability education. Aligning with PPG’s 2030 sustainability targets and priorities, the new commitment will strengthen support of the next generation of innovators and maximize the impact within communities where PPG operates. The company will support programs that […]
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