PPG Acquires Naming Rights for Pittsburgh Penguins Home, to Become ‘PPG PAINTS Arena’
PITTSBURGH--(BUSINESS WIRE)--
PPG (NYSE:PPG) today announced that it has reached an agreement with the
Pittsburgh Penguins to immediately assume naming rights for Pittsburgh’s
multipurpose arena. Previously known as “CONSOL Energy Center,” the
facility now will be named “PPG PAINTS Arena.” PPG also becomes the
official paint supplier of the Pittsburgh Penguins. Financial terms for
the 20-year agreement were not disclosed. (NOTE TO EDITORS:
Additional materials, images and video associated with this announcement
are available at:http://newsroom.ppg.com/ppgpaintsarena)
In the coming weeks, signage inside and outside the facility and all
related marketing materials will transition to reflect the new name and
logo.
“As we continue to invest in building our brand, PPG PAINTS Arena offers
us a unique platform to showcase our paint and coatings products that
help protect and beautify the world,” said Michael McGarry, PPG chairman
and CEO. “This partnership – with one of the most-watched sports
franchises on television – enables PPG to showcase our consumer
products, including the PPG PAINTS™, GLIDDEN®, OLYMPIC® paint and stain,
and PITTSBURGH PAINTS & STAINS® brands, to an audience of
home-improvement consumers and paint professionals.
“We are proud to support the Stanley Cup-champion Pittsburgh Penguins
and to invest in this important venue in our hometown,” McGarry
continued. “On behalf of our customers, employees and business partners
around the world, PPG sends a hearty, ‘Let’s Go Pens!’ cheer to the team
and all of Pittsburgh.”
“We are excited to extend our partnership with PPG – a top-notch global
organization that makes its home here in Pittsburgh,” said David
Morehouse, Pittsburgh Penguins president. “We believe that the
partnership will offer exciting opportunities for our fans, as well as
engagement opportunities for PPG employees and customers.”
The PPG PAINTS Arena logo will appear throughout the exterior of the
building, including all fan entrances and the roof of the arena. In
addition to signage throughout the interior of the building and all
materials in the building, the PPG PAINTS Arena logo will be installed
at center ice and on dasher boards around the playing surface. PPG will
also have a branded presence at the UPMC Lemieux Sports Complex
in Cranberry Township, Pennsylvania, the primary practice and training
facility for the Pittsburgh Penguins as well as a comprehensive
outpatient facility for UPMC Sports Medicine. The facility is
located near PPG’s headquarters for its architectural coatings business
in the U.S., Canada and Puerto Rico.
In addition to its previous role as a sponsor for the Pittsburgh
Penguins, the company’s products already have a presence in PPG PAINTS
Arena. PPG consulted the Penguins as they chose paint colors used
throughout the arena, and the company’s paint products were used in both
decorative and protective applications throughout the arena when it was
built.
For Pittsburgh Penguins fans, PPG is planning a variety of engagement
initiatives, including providing PPG Paints product coupons and
promotions for its paint products as well as Pittsburgh Penguins tickets
and gear giveaways.
As a leading year-round entertainment destination in Pittsburgh, PPG
PAINTS Arena is a regional venue hosting world-class concerts, family
shows and a variety of other events, as well as housing the Pittsburgh
Penguins organization and serving as home ice for the NHL team. Since
opening in 2010, the arena has hosted more than 150 events each year.
PPG: WE PROTECT AND BEAUTIFY THE WORLD™
At PPG (NYSE:PPG), we work every day to develop and deliver the paints,
coatings and materials that our customers have trusted for more than 130
years. Through dedication and creativity, we solve our customers’
biggest challenges, collaborating closely to find the right path
forward. With headquarters in Pittsburgh, we operate and innovate in
more than 70 countries and reported net sales of $14.8 billion in 2015.
We serve customers in construction, consumer products, industrial and
transportation markets and aftermarkets. To learn more, visit www.ppg.com.
We protect and beautify the world and PPG Paints are
trademarks and the PPG Logo is a registered trademark of PPG
Industries Ohio, Inc.
Glidden is a registered trademark of
the PPG Group of Companies.
Olympic and Pittsburgh Paints
& Stains are registered trademarks of PPG Architectural
Finishes, Inc.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161004006173/en/
PPG
Mark Silvey, +1 412-434-3046
silvey@ppg.com
www.ppg.com
or
Pittsburgh
Penguins
Tom McMillan, +1 412-255-1828
tmcmillan@pittsburghpenguins.com
www.pittsburghpenguins.com
Source: PPG