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, […]
PPG Raises First Quarter Financial Guidance
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 […]
Wyoming Automotive Named PPG Platinum Distributor of the Year
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 […]
PPG to Share Commercial Collision Repair Claims Insight at HD Repair Forum
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 […]
PPG Recognized for Environmental, Social, Governance Practices
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 […]
PPG Reports Second Quarter Sales of Nearly $4.7 Billion
Automotive refinish sales were at all-time quarterly record. PPG (NYSE:PPG) reported net sales of $4.691 billion, up 8% from $4.359 billion in the same quarter last year. According to the company it had higher selling prices of 12%, but sales volumes were down 4%. The company reported raw material costs were up about 20% year […]
PPG Adds New Classes and Updates to MVP Program
PPG (NYSE:PPG) MVP Business Solutions has added three classes to its Business Development series. The classes, Refinish Area Optimization, Administrative Process Improvement and Advanced Estimating 2019, are designed to help collision repair center owners, managers and other key personnel streamline processes, maximize resources and improve estimating accuracy by applying innovative, proprietary MVP performance-accelerating business processes. […]
PPG Completes Acquisition of SEM Products
PPG (NYSE:PPG) today announced that it has completed its previously announced acquisition of SEM Products, Inc., the U.S.-based manufacturer of specialized automotive refinish products. Financial terms were not disclosed. According to a letter to customers from Greg Benckart, VP, Americas, PPG Automotive Refinish, and Steve Fussy, President, SEM Products, Inc., SEM will continue to operate […]
PPG Sponsors Database Enhancement Gateway
The Database Enhance Gateway (DEG) recognized PPG as its longest-standing platinum sponsor of the online collision repair industry resource for five years and counting. The ongoing financial contributions from PPG help to allow all collision repair industry professionals with access to the free service. The DEG accepts submissions from estimating system end-users, who have questions […]
Bunch to Retire as PPG Executive Chairman, CEO McGarry Elected to Succeed
PPG (NYSE:PPG) announced that Charles E. Bunch will retire Sept. 1 as executive chairman of the PPG board of directors after 37 years with the company. PPG President and Chief Executive Officer Michael H. McGarry will become chairman and CEO effective the same day. Under Bunch’s leadership, PPG accelerated its business transformation through strategic actions that […]
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