Investment establishes resin production for electrocoat at Sumaré, São
Paulo, facility
PITTSBURGH--(BUSINESS WIRE)--Mar. 19, 2015--
PPG Industries (NYSE:PPG) today held a ceremony to mark the completion
of a $40 million, 65,000-square-foot plant for on-site resin production
at its Sumaré, São Paulo, Brazil, coatings manufacturing facility.
Resin produced at the facility will be used to manufacture PPG’s
electrocoat products to meet growing demand from automotive original
equipment manufacturers (OEMs) and industrial coatings customers in the
region. Attending the ceremony from PPG were Michael McGarry, president
and chief operating officer; Cindy Niekamp, senior vice president,
automotive OEM coatings; and Carlos Santa Cruz, general manager, Brazil.
“The expansion of the Sumaré facility demonstrates PPG’s long-term
commitment to our automotive and industrial coatings customers in this
very important region and enables us to further expand our localized
production capabilities,” McGarry said. “PPG is committed to the market
in Brazil and the needs of our customers across Latin America.”
With a presence in Brazil since 1973, PPG produces coatings for a
variety of end-use markets in the region, including aerospace,
architectural, automotive OEM, automotive refinish, industrial,
packaging, oil and gas, and marine.
PPG: BRINGING INNOVATION TO THE SURFACE.™
PPG Industries' vision is to be the world’s leading coatings company by
consistently delivering high-quality, innovative and sustainable
solutions that customers trust to protect and beautify their products
and surroundings. Through leadership in innovation, sustainability and
color, PPG provides added value to customers in construction, consumer
products, industrial and transportation 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. Reported net sales in 2014 were
$15.4 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, 1-412-434-3046
PPG
Corporate Communications
silvey@ppg.com
or
Carlos
Thurler, (19) 2103-6279
PPG Corporate Marketing – Brazil & South
America
cthurler@ppg.com
or
Investors:
Vince
Morales, 1-412-434-3740
PPG Investor Relations
vmorales@ppg.com