Akzo Nobel Profit Unexpectedly Rises to $293 Million as Expenses Decline Oct 27, 2009
Paint makers including Sherwin-Williams Co., the biggest in the U.S., and PPG Industries Inc., the global No. 2 after Akzo Nobel, are cutting jobs and shutting plants as sales fall on weaker demand for decorative paints and coatings. Earnings before taxes, interest, depreciation and amortization will reach 14 percent of 2011 sales, Akzo predicted today. (Bloomberg -- Europe)
Mercury-reduction law would change Olin Oct 23, 2009
a PPG Industries facility in Natrium, W.Va. and the Ashta Chemicals plant in Ashtabula, Ohio. (The Augusta Chronicle)
Gov. Perry announces 18 suppliers for S.A. Toyota plant Oct 23, 2009
PPG Industries Inc. - glass assemblies. Reyes-Amtex/Reyes Industries & Amtex - interior parts. (San Antonio Business Journal, TX)
Matching Gifts Oct 21, 2009
Matching Gift Companies - CLEMSON UNIVERSITY OFFICIAL ATHLETIC SITE. Matching Gift Companies Thank you for making the extra effort - and for your doubled support. (Clemsontigers.com)
Dow drops Tuesday but stays above 10,000 Oct 21, 2009
PPG Industries Inc. (NYSE:PPG), down 1. 31 percent to $61. (Pittsburgh Business Times, PA)
Dow stays above 10,000 for second day Oct 16, 2009
Among a cross section of companies operating in Pittsburgh, PPG Industries Inc. Thursday reported third quarter earnings that were nearly 36 percent higher than last year and hit a new 52-week high of $62 ... PPG Industries Inc. reported third quarter profit of $159 million, up nearly 36 percent from a year ago ... PPG Industries Inc. (NYSE:PPG), up 0. (Pittsburgh Business Times, PA)
Dow closes above 10,000 Wednesday Oct 15, 2009
PPG Industries Inc., which announces third quarter earnings Thursday, hit a new 52-week high of $61. 85 in mid-afternoon but slipped a bit. (Pittsburgh Business Times, PA)
Philly likes blue: Ford color data reveals quirks Oct 14, 2009
Silver remained the most popular color in the U.S. this year for the ninth year in a row, according to data released this month by Pittsburgh-based paint maker PPG Industries. Twenty percent of U.S. cars are silver. (USA Today -- Autos)
Stocks Finish Mixed Oct 14, 2009
PPG Industries Inc. (). Oct-15-10:00 a.m. ET. (BusinessWeek)
Markets mixed at Tuesday close Oct 14, 2009
PPG Industries Inc. (NYSE:PPG), up 0. 88 percent to $60. (Pittsburgh Business Times, PA)
Toyota sports car is 'green' and mean Oct 9, 2009
Pittsburgh-based PPG Industries Inc. said silver has been the No. 1 color for nine straight years, accounting for 25 percent of vehicles in the U.S., 35 percent in Europe and 34 percent in the Asia-Pacific region. In the U.S., silver rose from 20 percent of the market a year ago. (The Augusta Chronicle)
Let it shine: Silver remains top auto paint color Oct 2, 2009
Pittsburgh-based PPG Industries Inc. said silver has been the No. 1 color for nine straight years, accounting for 25 percent of vehicle paint choices in the U.S., 35 percent in Europe and 34 percent in the Asia-Pacific region. In the U.S., silver rose from 20 percent of the market a year ago. (The Augusta Chronicle)
Worlds fave color: silver Oct 2, 2009
"Silver tones work well with today's tinted metallic textural looks," says Jane Harrison of Pittsburgh-based PPG Industries Inc. that coducted the survey ... Pittsburgh-based PPG Industries Inc. said silver has been the No. 1 color for nine straight years, accounting for 25 percent of vehicle paint choices in the U.S., 35 percent in Europe and 34 percent in the Asia-Pacific region. (MSNBC -- Business)
Security Tight in Pittsburgh Ahead of G-20 Sep 24, 2009
On Tuesday afternoon, workers were erecting chain-link fences around the headquarters of PPG Industries Inc., a series of buildings sheathed in the company's glass. MMIX, CBS Interactive Inc. All Rights Reserved. (CBS News -- Early Show)
Cisco, Pepco & Boeing Top The Charts As This Year's S&P 500 Corporate Climate Leaders Sep 21, 2009
NEW YORK, Sept. 20 /PRNewswire/ -- Cisco Systems, Boeing and Pepco Holdings along with Consolidated Edison, EMC, E.I. du Pont de Nemours, Hewlett Packard, PPG Industries and Transocean were among the US corporations leading efforts to tackle climate change, according to this year's Carbon Disclosure Project (CDP) S&P 500 Report ... Results showed that some corporations, including Boeing, Cisco Systems, Consolidated Edison, E.I. du Pont de Nemours, EMC, Hewlett Packard, News Corporation, Pepco... (PR Newswire)
MetoKote Corporation Presents Supplier of the Year 2009 to PPG Industries, Inc Sep 4, 2009
Lima, OH (PRWEB) September 4, 2009 -- PPG Industries (NYSE:PPG), received the inaugural Supplier of the Year 2009 Award from ... Bill Wulfsohn, senior vice president of Industrial Coatings for PPG Industries, accepted this award from MetoKote. (Yahoo News -- Press Releases)
Full Story » Sep 4, 2009
MetoKote Corporation Presents Supplier of the Year 2009 to PPG Industries, Inc - Yahoo ... MetoKote Corporation Presents Supplier of the Year 2009 to PPG Industries, Inc ... Lima, OH (PRWEB) September 4, 2009 -- PPG Industries (NYSE:PPG), received the inaugural Supplier of the Year 2009 Award from. (Yahoo News -- Press Releases)
People Profile --Lange: Early Cub baseballer happily returns to ‘heaven’ Sep 1, 2009
Early on, Galveston was home base for the Norwood Lange family where as a PPG Industries employee involved with sales he was reluctantly introduced to golf well over four decades ago. His initial golf reluctance was replaced by a great love for the game and it became a fun and healthy outlet for Norwood Lange s natural athleticism; while, almost certainly, also being of solid business value during another four decades-plus in his ownership of independent insurance agencies in Beaumont (1964) and... (Brenham Banner, TX)
History of the Boeing 787 Aug 15, 2009
PPG Industries (NYSE:PPG) aerospace transparencies business has been awarded a contract by Spirit AeroSystems to redesign the laminated glass windshields for Boeings Next-Generation 737 airplanes. The windshields are being redesigned at Boeings request to accommodate airframe improvements. (Fresno Bee -- Nation)
TerraSkin: Paper Made from Rock Aug 6, 2009
Teslin, a synthetic sheet made by Pittsburgh's PPG Industries () is used in driver's licenses and other identification cards. Polymer films also show up in milk containers, butter wrappers, and yogurt cups. (BusinessWeek)
Group ramps up plans for Charlotte energy hub Jul 28, 2009
For example, PPG Industries fiberglass manufacturing plant in Shelby includes wind-turbine blades among its products. Last week, the plant got $724,000 from the U.S. Department of Energy for research and testing on innovative blades. (Charlotte Business Journal, NC)
Dow, Nasdaq end Thursday on positive note Jul 17, 2009
PPG Industries Inc., Pittsburgh, Thursday reported second quarter earnings of $146 million or 89 cents per share, down 41 percent from last year, but beat analysts expectations. PPG (NYSE:PPG) soared 6. (Pittsburgh Business Times, PA)
Dow packs on 256 points by Wednesday close Jul 16, 2009
PPG Industries Inc. (NYSE:PPG), scheduled to release second quarter earnings Thursday, rose 4. 40 percent to $46. (Pittsburgh Business Times, PA)
401(k) poised for a comeback Jul 8, 2009
Among those local businesses that suspended matches were PPG Industries Inc., Kennametal Inc. and U.S. Steel Corp.. But a CFO Research Services survey released in June in collaboration with the investment advice firm Charles Schwab suggests confidence in 401(k) plans remains high: 56 percent of finance and human resource executives surveyed said the 401(k) plan is generally working well, but could use slight modification. (Pittsburgh Business Times, PA)
> Pittsburgh-area financial professionals weigh in on picks, forecasts Jul 4, 2009
Pittsburgh-area financial professionals weigh in on picks, forecasts - Pittsburgh Business Times. for free extra services. (Pittsburgh Business Times, PA)
Markets end quarter in negative territory Jul 1, 2009
PPG Industries Inc. (NYSE:PPG) finished Tuesday trading with a gain of 0. 11 percent to $43. (Pittsburgh Business Times, PA)
Pittsburgh G-20 Partnership details planning efforts for September summit Jul 1, 2009
Alcoa, Inc., Bayer Corp., BNY Mellon, CMU, Eaton Corp., K&L Gates, PPG Industries, Inc., University of Pittsburgh, UPMC, U.S. Steel and Westinghouse Electric Company. Contributions of $10,000 came from Allegheny Technologies Inc., Buchanan Ingersoll & Rooney, P.C., GlaxoSmithKline Consumer Healthcare, H.J. Heinz Co., iGate Global Solutions, Ltd., Jones Day, NOVA Chemicals, Inc. and Malin Bergquist & Co., LLP.. (Pittsburgh Business Times, PA)
Checkered reactions to a milestone Jun 2, 2009
PPG Industries, which supplies automotive coatings to GM, said yesterday that the impact of the carmaker's bankruptcy filing on its business should be minimal. "PPG has been working with GM over the past several months, and at this point, our receivables are very low," said Jeremy Neuhart, spokesman for the Pittsburgh-based paint and glass maker. (Pittsburgh Post-Gazette, PA)
5 Unbelievably Solid Companies Jun 1, 2009
PPG Industries (NYSE: PPG) ... PPG Industries is a Motley Fool Income Investor pick, and National Fuel Gas is a former one. (MSNBC -- Business)
Push on to prepare city for G-20 summit May 29, 2009
The administration also is funding research on solar window panels under development for office buildings by PPG Industries. The David L. Lawrence Convention Center, which administration officials were familiar with from previous campaign visits to the city, will be the summit headquarters. (Pittsburgh Post-Gazette, PA)
Pittsburgh Glass Works to supply auto glass for Mercedes May 27, 2009
The former auto glass business of PPG Industries Inc. (NYSE:PPG) was re-christened Pittsburgh Glass Works in August after Downtown Pittsburgh-based chemical and coatings maker PPG sold its majority stake in the unit to New York private equity group Kohlberg & Co. LLC.. Pittsburgh Glass Works employs 3,700 at six North American plants and seven assembly facilities in North America and Europe. (Pittsburgh Business Times, PA)
PPG Industries Foundation pledges $500k for University of Pittsburgh nanomaterials lab May 27, 2009
The PPG Industries Foundation has pledged $500,000 to the University of Pittsburgh s chemistry department to build a nanomaterials characterization lab ... The PPG Industries Foundation was established in 1951 and focuses on education, human services, culture and arts, and civic affairs. (Pittsburgh Business Times, PA)
PPG CFO Hernandez to retire at end of 2009 May 22, 2009
PPG Industries Inc. (NYSE:PPG) announced Thursday that William H. Hernandez, its senior vice president of finance and CFO, will retire by the end of 2009. Hernandez served in the role since 1995, five years after joining the Downtown Pittsburgh-based coatings, chemical and specialty material maker as controller. (Pittsburgh Business Times, PA)
Business briefs: Chemical firms ordered to pay Modesto $18.3m May 21, 2009
After 11 years of litigation and a 114-day trial, jurors in San Francisco County Superior Court decided Monday that Dow Chemical of Michigan and PPG Industries of Pennsylvania are partly responsible for the estimated $100 million cleanup project. The city alleged perchloroethylene, a suspected carcinogen, leaked into groundwater from Elwood Dry Cleaning Service. (Fresno Bee)
California city wins in dry-cleaner pollution case May 21, 2009
After 11 years of litigation and a 114-day trial, jurors in San Francisco County Superior Court decided Monday that Dow Chemical of Michigan and PPG Industries of Pennsylvania are partly responsible for the estimated 100-million cleanup project. The city alleged perchloroethylene, a suspected carcinogen, leaked into groundwater from Elwood Dry Cleaning Service. (North County Times)
Chemical Companies Cleared in Calif. Groundwater Pollution Case May 20, 2009
Dow and Pittsburgh-based PPG Industries, another manufacturer, weren't so lucky. The jury found that Dow had failed to warn at least one dry cleaner about the dangers of PCE. The jury also held both Dow and PPG accountable for the PCE used by another dry cleaner, finding that the chemical's risk outweighed its benefits. (Law.com)
Modesto awarded $18M in groundwater lawsuit May 20, 2009
The city argues that the chemical makers -- Dow Chemical of Michigan and PPG Industries of Pennsylvania -- bear a share of the responsibility for what could amount to $100 million in costs to remove perchloroethylene, a chemical referred to as PCE that is suspected of causing cancer, from Modesto groundwater ... An attorney for PPG Industries did not return a call for comment. (Modesto Bee, CA)
> Public companies shareholder meetings often go beyond the program May 8, 2009
Compensation was a source of ire for one shareholder at PPG Industries Inc. s annual meeting April 16 ... PPG INDUSTRIES INC.: Reported a first-quarter loss of $111 million, or 68 cents per share, compared with a profit of $100 million, or 61 cents per share, a year ago. (Pittsburgh Business Times, PA)
Universal Display's Flexible OLED Bracelet on Display as the Latest in Wearable Art May 1, 2009
Universal Display is working with a network of world-class organizations, including Princeton University, the University of Southern California, the University of Michigan, and PPG Industries, Inc. Universal Display has also established numerous commercial relationships with companies such as Chi Mei EL Corporation, DuPont Displays, Inc., Konica Minolta Technology Center, Inc., LG Display Co., Ltd., Samsung SDI Co., Seiko Epson Corporation, Sony Corporation, Tohoku Pioneer Corporation and Toyota... (Yahoo! Wire -- Entertainment News)
PPG will lay off 110 in Lexington Apr 28, 2009
PPG Industries will lay off about 110 employees from its Lexington plant effective June 30 as it tries to remain competitive during the recession. In a statement, the company said weak demand has reduced production volumes at its fiberglass plant in Lexington. (Triad Business Journal, NC)
PPG to cut 90 jobs Apr 17, 2009
PPG Industries FiberGlass said it planned to increase production of fiberglass to meet growing demand for wind turbines, which have blades made of resin-coated fiberglass ... Pennsylvania-based PPG Industries (NYSE:PPG), which operates two fiberglass production facilities in Shelby and Lexington, and an industrial paint facility in Greensboro. (Charlotte Business Journal, NC)
Losing a legacy Apr 7, 2009
Pittsburgh-based PPG Industries hoped to be a subcontractor to produce some of the facade glass for the main building of the new complex in Lower Manhattan, previously dubbed the Freedom Tower. But as The Sentinel reported last week, The Port Authority of New York and New Jersey awarded the main contract to a New York firm rather than the one PPG would have been working with. (Carlisle Sentinel, PA)
Spartech board takes pay cut Apr 7, 2009
The board members and their 2008 cash compensation are Chairman Ralph Andy, 64, chairman and CEO of ($25,833); Lloyd Campbell, 51, a consultant with ($105,000); Edward Dineen, 54, president of Chemicals for ($80,000); Victoria Holt, 51, senior vice president, glass and fiberglass, for PPG Industries Inc. ($80,000); Walter Klein, 62, a CPA ($97,500); Pamela Lenehan, 56, president of ($92,500); Jackson Robinson, 66, president and chief investment officer of ($83,750); and Craig Wolfanger, 50,... (St. Louis Business Journal, MO)
Class-action status for case against PPG Apr 2, 2009
A U.S. District Court judge ruled Wednesday that an age-discrimination suit against PPG Industries can proceed with conditional class action status. Judge Arthur J. Schwab issued the ruling. (Pittsburgh Business Times, PA)
Sentinel Morning Update: High cost problematic for regular steroid testing Apr 2, 2009
PPG Industries, based in Pittsburgh, had submitted a bid to be a subcontractor to produce some of the facade glass for the main building of the new World Trade Center complex in Lower Manhattan. We did bid on providing some highly aesthetic glass for the first 20 floors for the facade section of the tower, said PPG spokesman Jack Maurer. (Carlisle Sentinel, PA)
Green Light AIG Bonuses Mar 24, 2009
PPG Industries (350 sec.) CEO Charles Bunch shares his vision for the future of PPG. Finding The Right Vine: PlumpJack Group (220 sec.) CEO Rick Riess talks about PlumpJack's brisk growth pace and future plans. Int'l Calls On The Cheap. (Forbes -- Business)
NYT: Old problems resurface in new earmark rules Mar 19, 2009
Or PPG Industries, a manufacturing conglomerate based in Pittsburgh that received nearly $1. 2 million to develop windows that double as solar panels, which lawmakers promoted as a one-of-a-kind initiative even though the company has many competitors. (MSNBC -- Politics)
Federal money trickles down to Cumberland County Mar 14, 2009
In addition, the spending bill includes $1,189,375 for PPG Industries in Pittsburgh for an Integrated Solar Energy Windows initiative. According to a press release from Specters office, the money will support the development of new technologies to improve the efficiency and lower the cost of photovoltaic transparent glass units leading to wide spread commercial and residential use. (Carlisle Sentinel, PA)
Paint maker PPG to cut 2,500 jobs Mar 13, 2009
NEW YORK PPG Industries Inc., the world's second-largest paint and coatings maker, said Thursday it will cut 2,500 jobs in a restructuring plan aimed at saving $140-million (U.S.) annually. The plan is expected to cost the company approximately $160-million in cash, it said. (Globe and Mail -- Business)
PPG Industries to close plants, slash 2,500 jobs Mar 13, 2009
PITTSBURGH (AP) - PPG Industries Inc., which makes paints and coatings, says it will slash 2,500 jobs and close more facilities as part of a new cost-cutting effort designed to save an additional $140 million a year. PPG plans to close a paint manufacturing operation at the company's plant in Saultain, France; shutter several smaller facilities across its operations; and reduce staff generally across its operations. (The Star Online, Malaysia -- Business)
Funding on way for locks and dams Mar 12, 2009
A similar project will give PPG Industries a $1. 18 million grant through the Department of Energy to develop solar window panels for office buildings. (Pittsburgh Post-Gazette, PA)
PPG ordered to clean up glass dump Mar 10, 2009
The state Department of Environmental Protection has ordered PPG Industries to collect and treat highly polluted water leaching from a mountainous 77-acre glass dump and lagoon into the Allegheny River just south of Ford City in Armstrong County. Yesterday's administrative order also requires PPG to restrict access to the site and a stretch of the Allegheny River where the dump runoff has been measured as having a pH of 12 -- higher than ammonia. (Pittsburgh Post-Gazette, PA)
5-Star Stocks Poised to Pop: Olin Mar 10, 2009
PPG Industries (NYSE: PPG). CAPS members bullish on OLN also bullish on. (MSNBC -- Business)
Dow, Nasdaq end trading down Wednesday Feb 26, 2009
PPG Industries Inc. (NYSE:PPG), down 1. 63 percent to $31. (Pittsburgh Business Times, PA)
Business briefs Feb 19, 2009
PPG Industries spokesman Jeremy Neuhart said 33 production workers were temporarily cut Tuesday. The company plans to rehire them in one month, he said. (Fresno Bee)
Laid off but far from alone Feb 10, 2009
Jolted into reality by a short-term layoff from PPG Industries, which supplies paint and glass to the auto sector, Sona Voice created his Facebook group 15,000,000 RECESSION TOUCHED PEOPLE in December. I started the group as a means for people to kind of console each other, says the 22-year-old Milwaukee, Wis. (Globe and Mail)
Dow up 217 points at Friday close Feb 8, 2009
PPG Industries Inc. (NYSE:PPG), up 3. 69 percent to $39. (Pittsburgh Business Times, PA)
