Expansion will increase coatings production for automotive OEM, other
applications
SAN JUAN DEL RIO, Queretaro, Mexico--(BUSINESS WIRE)--Mar. 18, 2014--
PPG Industries (NYSE:PPG) today announced plans to invest more than $27
million in its San Juan del Rio, Queretaro, Mexico, coatings
manufacturing facility.
The expansion project will add four new buildings to the current
complex, representing approximately 100,000 square feet of additional
production and laboratory space. The company officially initiated the
expansion today with a groundbreaking event and anticipates completion
in 2015. The expanded facility is expected to employ more than 115
people, a 30 percent increase over its current workforce.
The additional capacity will enable PPG to meet increasing demand for
its coatings by automotive OEM, protective and marine, packaging and
industrial customers in Mexico. The expansion project will incorporate
eco-friendly building designs, provide natural light in employee areas,
use intelligent lighting systems to maximize energy efficiency and
incorporate water recycling capabilities.
“This growth project is another important step for PPG’s future in
Mexico. It will enhance PPG’s capability to serve the country’s
fast-growing automotive manufacturing market with the latest waterborne
and compact process technologies that today’s global automotive OEMs are
demanding,” said Adriana Macouzet, PPG general manager, Latin America
North. “The expansion enables us to meet the additional demand stemming
from rapid growth in recent years by our Mexico-based customers and
provide PPG coatings to other local end-use markets.”
PPG: BRINGING INNOVATION TO THE SURFACE.(TM)
PPG Industries'
vision is to continue to be the world’s leading coatings and specialty
materials company. Through leadership in innovation, sustainability and
color, PPG helps customers in industrial, transportation, consumer
products, and construction markets and aftermarkets to enhance more
surfaces in more ways than does any other company. Founded in 1883, PPG
has global headquarters in Pittsburgh and operates in nearly 70
countries around the world. Net sales in 2013 were $15.1 billion. PPG
shares are traded on the New York Stock Exchange (symbol: PPG). For more
information, visit www.ppg.com
and follow @PPGIndustries
on Twitter.
Bringing innovation to the surface is a trademark of PPG
Industries Ohio, Inc.
Source: PPG Industries
PPG Industries
Media:
Leonor de la Peña Limas, PPG
Latin America North, +52-427-271-9100 ext. 3567
delapena@ppg.com
or
Mark
Silvey, PPG Corporate Communications, 412-434-3046
silvey@ppg.com
or
Investors:
Vince
Morales, PPG Investor Relations, 412-434-3740
vmorales@ppg.com