Content about PPG Industries

June 30, 2014

PPG Industries has picked up where Sherwin-Williams left off.

The Pittsburgh-based paint and coatings giant PPG agreed to acquire Consorcio Comex, an architectural and industrial coatings company with headquarters in Mexico City, Mexico.

The transaction is valued at $2.3 billion.

June 6, 2014

PPG Industries' North American architectural coatings business is acquiring The Homax Group, Inc., a supplier of decorative wall and ceiling texture repair products part of the Olympus Partners portfolio.

Beyond aerosol drywall and ceiling texturing applications, Homax also supplies epoxy finishes, patching, caulking and mesh tape repair products, and other painting tools and accessories.

June 4, 2014

Home Depot will set the stage for the launch of a new 488-color palette from PPG Industries' Glidden brand.

As of June 1, the palette will be available to Home Depot customers nationwide as an intentional reflection of their preferences and behaviors.

April 25, 2014

A three-pronged approach to reaching the pro, including an expanded pro program at Home Depot, is the new brand strategy from Pittsburgh-based PPG Industries' branding makeover.

The company describes the new brand strategy as a way to better serve the professional customer. 

The three elements of the plan are:

April 21, 2014

The first quarter of 2014 was kind to PPG Industries' top-line revenue and its profits.

Net sales for the three months ended March 31 were $3.64 billion, up 17.1% year-over-year.

Profit from continued operations was $277 million, up roughly 45% from $191 million in the first quarter of 2013.

April 3, 2014

Effective April 1, PPG Industries has named Dave Cole VP packagings coatings and Anup Jain VP specialty coatings and materials.

Jain was previously serving as VP silica products. In his new role, he will be responsible for the optical monomers and coatings and OLED/specialty synthesis businesses, as well as the photochromics R&D organization. He will continue to oversee PPG's silica products business.

Cole was formerly president of Transitions Optical, in which PPG owned a majority interest stake until just recently.

March 21, 2014

PPG Industries has taken a minority equity position in The Coatings Alliance, LLC via its North American architectural coatings business.

Under the terms of the deal, PPG will become the exclusive paint manufacturer for The Coatings Alliance, producing the TCA-owned C2 Paint brand. PPG will also act as an independent sales representative for C2 Paint to independent paint and decorating retailers throughout North America.

January 16, 2014

PPG Industries, the Pittsburgh-based coatings company, has promoted Kevin McDonald to the role of VP fiber glass.

Beginning March 1, McDonald will transition from his current role as PPG general manager, reinforcements and leader for fiber glass in the Americas and EMEA. He will succeed Thomas Kerr, who is retiring effective the same day.

January 7, 2014

PPG Industries has announced the hiring of Shelley Bausch as VP global industrial coatings, effective Jan. 16.

“We are delighted to welcome Shelley to PPG," said PPG executive VP Viktor Sekmakas, whom Bausch will report to. "Her broad experience in leading global businesses and her strong background in supply chain operations, marketing and product management will be assets to the industrial coatings business and PPG.”

September 10, 2013

PPG Industries has appointed Kevin Braun to the post of VP industrial coatings, a horizontal shift from his previous role as VP global raw materials and Americas purchasing.

“Kevin is a superb leader, who combines excellent product and manufacturing experience with a keen awareness of the industry and market trends,” said Viktor Sekmakas, executive VP, PPG.

Braun’s new post, effective immediately, was enacted to replace Richard Zoulek, who left the company.

August 26, 2013

PPG Industries has appointed Kevin Braun to its post of VP industrial coatings, a horizontal shift from his previous role as VP global raw materials and Americas purchasing.

“Kevin is a superb leader, who combines excellent product and manufacturing experience with a keen awareness of the industry and market trends,” said Viktor Sekmakas, executive VP, PPG.

Braun's new post, effective immediately, was enacted to replace Richard Zoulek, who left the company.

April 1, 2013

With this acquisition, PPG has expanded its reach in all three major North American distribution channels, including home centers, independent paint dealers and company-owned paint stores.

December 17, 2012

Pittsburgh-based PPG Industries reached a deal to acquire the North American architectural business of AkzoNobel, N.V., for $1.05 billion.

The acquisition includes the addition of about 600 AkzoNobel-owned paint stores, creating a combined network of about 1,000 company-owned stores serving the North American market.

September 5, 2012

A PPG Paint rep who claimed overtime for the hours he worked at several Lowe’s stores won $24,400 -- double his back pay -- in a Washington State court, according to a summary in the Washington Employment Law Letter. Counting the plaintiff’s attorneys’ fees, PPG Industries was ordered to pay $470,000 in a case that could reverberate through the aisles of big-box stores across the nation. 

April 24, 2012

Paint supplier PPG Industries reported net sales for the first quarter 2012 of $3.8 billion, an increase of 6% versus net sales of $3.5 million during the prior year's first quarter. Net income for the first fiscal quarter, which ended March 31, 2012, was $13 million, compared to $228 million a year ago. 

April 24, 2012

Paint supplier PPG Industries reported net sales for the first quarter 2012 of $3.8 billion, an increase of 6% versus net sales of $3.5 million during the prior year's first quarter. Net income for the first fiscal quarter, which ended March 31, 2012, was $13 million, compared to $228 million a year ago. 

November 13, 2011

PPG Industries, one of the leading manufacturers of paint and architectural coatings, has released a line of zero-VOC (volatile organic compound) paint for the commercial market. Speedhide, an existing line, will now offer Speedhide zero interior paint as a one-stop solution for contractors, building owners and facility managers looking for durability, affordability and long-lasting performance, according to the company.

November 13, 2011

PPG Industries, one of the leading manufacturers of paint and architectural coatings, has released a line of zero-VOC (volatile organic compound) paint for the commercial market. Speedhide, an existing line, will now offer Speedhide zero interior paint as a one-stop solution for contractors, building owners and facility managers looking for durability, affordability and long-lasting performance, according to the company.

October 20, 2011

Pittsburgh-based PPG Industries posted third-quarter net income of $311 million, up 18.7% from $262 million in the third quarter of 2010. Net sales for the quarter totaled $3.8 billion, up 8.6% from $3.5 billion in the prior-year period.

October 20, 2011

Pittsburgh-based PPG Industries posted third-quarter net income of $311 million, up 18.7% from $262 million in the third quarter of 2010. Net sales for the quarter totaled $3.8 billion, up 8.6% from $3.5 billion in the prior-year period.

September 9, 2011

Paint manufacturer PPG industries announced the promotion of Diane Kappas as VP environment, health and safety, effective Oct. 1. She will report to Michael Garry, senior VP commodity chemicals. Kappas will lead all aspects of PPG’s global environmental affairs, including product stewardship, health, safety, compliance assurance and the corporate medical function. She also will provide leadership for PPG’s corporate sustainability programs.

September 9, 2011

Paint manufacturer PPG industries announced the promotion of Diane Kappas as VP environment, health and safety, effective Oct. 1. She will report to Michael Garry, senior VP commodity chemicals. Kappas will lead all aspects of PPG’s global environmental affairs, including product stewardship, health, safety, compliance assurance and the corporate medical function. She also will provide leadership for PPG’s corporate sustainability programs.

February 7, 2011

Listening to a company’s quarterly earnings conference can be the equivalent of watching a CEO read a PowerPoint presentation, followed by a group of analysts grilling him on EBIT margins, payout ratios and basis points. Or it can be like panning for gold, with nuggets surfacing about store openings and closings, new products launches, new accounts with retail customers or “terminated” relationships with former customers. Competitors even talk about each other — sometimes by name — with a little prompting from analysts.

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