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PPG Invests $44 million to Boost Global Powder Coatings Production

May 30, 2023 By CollisionWeek Editor

PPG (NYSE:PPG) announced a $44 million investment to upgrade five powder coating manufacturing facilities in the U.S. and Latin America. Collectively, the investment – $30 million for U.S. plants and $14 million for facilities in Latin America – is expected to increase overall capacity, add production capabilities for bonded metallic powders, improve processing times with automated […]

Filed Under: News Tagged With: Brazil, Indiana, Mexico, North Carolina, Powder Coatings, PPG, Texas

PPG Outlines Growth Framework at Investor Event

May 24, 2023 By CollisionWeek Editor

PPG (NYSE:PPG) today announced the company’s growth framework to deliver Purposeful, Profitable Growth. The company shared details of its organic growth framework and expectations for organic sales and adjusted earnings per share (EPS) growth. In addition, the company communicated the validation of its decarbonization targets by the Science-Based Targets initiative (SBTi). PPG president and chief […]

Filed Under: News Tagged With: Environmental, ESG, Governance, PPG

PPG Launches Paint Films Solutions for Automotive and Industrial Customers

May 23, 2023 By CollisionWeek Editor

PPG (NYSE:PPG) today announced that it will deliver paint and clear film solutions for automotive and industrial customers through PPG Advanced Surface Technologies, a new joint venture formed with entrotech, Inc., a provider of technology-driven film solutions. PPG retains a majority stake in the joint venture.  Specific financial and ownership terms were not disclosed. Paint […]

Filed Under: News Tagged With: Agreements Signed, Entrotech, Joint Venture, PPG

Christine Camsuzou Name Vice President, Procurement and Chief Procurement Officer at PPG

May 2, 2023 By CollisionWeek Editor

PPG (NYSE:PPG) today announced that Christine Camsuzou, currently interim chief procurement officer (CPO), has been appointed vice president, procurement and CPO, effective immediately. Reporting to Ram Vadlamannati, senior vice president, operations, Camsuzou will be responsible for leading PPG’s global procurement team, processes and strategy. “Christine is a proven leader who has held many key regional […]

Filed Under: News Tagged With: People, PPG

PPG Reports Record Sales of Nearly $4.4 Billion in First Quarter

April 21, 2023 By CollisionWeek Editor

Refinish coatings organic sales flat compared to last year. PPG (NYSE:PPG) yesterday reported net sales of $4.38 billion for the first quarter 2023, a record for the company and up 2% from 4.308 billion in the first quarter last year. According to the company, the year-over-year net sales change was the result of higher selling […]

Filed Under: News Tagged With: Earnings, PPG

NABC Partners with PPG to Raise Awareness About Distracted Driving

April 12, 2023 By CollisionWeek Editor

The National Auto Body Council (NABC) announced the launch of the second year of its campaign to raise awareness about distracted driving with the help of partner PPG (NYSE: PPG) and its NTT INDYCAR SERIES driver, Josef Newgarden. PPG will again work with NABC and utilize the star power of Newgarden, a two-time INDYCAR Champion, […]

Filed Under: News Tagged With: Agreements Signed, Distracted Driving, National Auto Body Council, PPG

PPG Raises First Quarter Financial Guidance

April 4, 2023 By CollisionWeek Editor

PPG (NYSE:PPG) yesterday announced that first quarter 2023 adjusted earnings per diluted share (EPS) is expected to be between $1.52 and $1.58, which exceeds the company’s previously communicated guidance of $1.10 to $1.20. “The pace of our operating margin recovery accelerated during the quarter, driven by higher sales volumes and additional selling price capture,” said […]

Filed Under: News Tagged With: Earnings, PPG

Wyoming Automotive Named PPG Platinum Distributor of the Year

March 30, 2023 By CollisionWeek Editor

PPG (NYSE:PPG) announced that it has honored Wyoming Automotive of Casper, Wyo., as its Automotive Refinish 2022 Platinum Distributor of the Year. The annual award recognizes distributors with exceptional service, loyalty, product knowledge and support as part of the PPG Platinum Distributor program. Natalie Scott, PPG director, PPG Platinum Distributor program, Automotive Refinish, U.S. and […]

Filed Under: News Tagged With: Awards, PBE Distributor, PPG

PPG to Share Commercial Collision Repair Claims Insight at HD Repair Forum

September 26, 2022 By CollisionWeek Editor

PPG (NYSE:PPG) announced that it will present an overview of industry trends and insights during the 2022 HD Repair Forum at The Huntington Convention Center in Cleveland, Ohio today and tomorrow. Using actual repair estimate data compiled from insurance and shop estimates in the U.S. and Canada, Jim Heil, PPG strategic account manager, fleet and […]

Filed Under: News Tagged With: Estimating Systems, HD Repair Forum, PPG

PPG Recognized for Environmental, Social, Governance Practices

August 26, 2022 By CollisionWeek Editor

PPG (NYSE:PPG) announced that it has been named to the FTSE4Good Index Series for the fourth consecutive year. The index measures the performance of companies demonstrating strong environmental, social and governance (ESG) practices. “At PPG, we view environmental stewardship, social responsibility and strong governance as strategic business priorities,” said Diane Kappas, PPG vice president, Global […]

Filed Under: News Tagged With: Environmental, ESG, PPG

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