Expansion will establish resin production for electrocoat at Sumare, São
Paulo, facility
PITTSBURGH--(BUSINESS WIRE)--Jun. 17, 2014--
PPG Industries (NYSE:PPG) today announced an investment of about $40
million in its coatings manufacturing facility located in Sumare, São
Paulo, Brazil.
The expansion project will add a 65,000-square-foot plant for on-site
resin production. The resin will be used to manufacture PPG’s
electrocoat products to meet growing demand among automotive original
equipment manufacturers (OEMs) and industrial coatings customers in the
region. PPG anticipates completion of the project in 2015 and expects to
add more than 30 new positions at the facility.
“PPG is committed to the market in Brazil and the needs of our customers
across Latin America,” said Cynthia Niekamp, PPG senior vice president,
automotive coatings. “The expansion of the Sumare facility enables PPG
to localize production and demonstrates our long-term commitment to
support our customers in this very important region.”
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, Inc.
PPG Industries, Inc.
Media:
Mark Silvey, PPG Corporate
Communications, 412-434-3046
silvey@ppg.com
or
Investors:
Vince
Morales, PPG Investor Relations, 412-434-3740
vmorales@ppg.com