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PPG Industries, Inc. develops and sells paints, coatings and specialty products for construction, consumer products, industrial, transportation and aftermarket customers. Company news commonly covers segment results in Global Architectural Coatings, Performance Coatings, Industrial Coatings, aerospace coatings, protective and marine coatings, Traffic Solutions, and packaging or automotive OEM coatings.
Recurring updates also include product and technology investments, such as radiation-curable coatings, protective systems for data center infrastructure, and R&D activity across regional laboratories. PPG news also addresses acquisitions that expand coatings lines, dividend declarations, shareholder meeting matters, leadership changes, digital transformation and operational efficiency initiatives.
PPG (NYSE:PPG) has announced leadership changes effective immediately, aimed at enhancing its global operations. Ram Vadlamannati will lead a newly established operations organization, overseeing various functions including supply chain and manufacturing, while maintaining leadership in the EMEA region. Amy Ericson steps into the role of senior vice president for protective and marine coatings and will oversee the Latin America region. Kevin Braun will manage global automotive and specialty coatings, and Chancey Hagerty will continue as vice president for global automotive refinish while overseeing the Asia Pacific region.
PPG (NYSE: PPG) announced the details of its fourth-quarter 2022 earnings release, scheduled for January 19, after U.S. stock markets close. A teleconference call will follow on January 20 at 8 a.m. ET, featuring PPG’s executives including Tim Knavish and Vincent J. Morales. Dial-in registration is available online, and a live webcast can be accessed via the PPG Investor Center. Replay options for the call will be available until February 3, 2023.
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PPG (NYSE: PPG) announced the completion of a COLORFUL COMMUNITIES® project in Des Plaines, Illinois, revitalizing facilities for the nonprofit Clean Up – Give Back. The initiative involved 30 volunteers from PPG and Ardagh Metal Packaging, who enhanced the organization's new headquarters with fresh paint and murals. Clean Up – Give Back has nearly 1,400 volunteers who contributed over 9,500 service hours in 2021, collecting more than 41,000 pounds of trash. PPG's Colorful Communities program supports such projects globally, having completed over 400 initiatives since 2015.
PPG (NYSE: PPG) announced its GLIDDEN MAX FLEX™ spray paint and primer received the Best of What’s New Award 2022 from Popular Science in the home category. This product features a revolutionary lacquer-based formula allowing for ultra-durable coating on various surfaces with a quick five-minute dry time. The spray paint effectively eliminates common issues like dripping and long drying times. Currently available at select Home Depot locations, Glidden Max Flex is a collaborative innovation between two PPG business units, showcasing the company's commitment to delivering high-quality products.
PPG has announced that Michael McGarry, chairman and CEO, received the Industrialist of the Year Award from the Western Pennsylvania Chapter of the Society of Industrial and Office Realtors. This award highlights McGarry's positive contributions to the industry and community. McGarry has led PPG since 2015, overseeing significant company initiatives including the Colorful Communities program, which has completed over 400 global projects since its launch in 2005. PPG currently operates in 75 countries with net sales of $16.8 billion reported in 2021.
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PPG (NYSE: PPG) achieved a score of 90 on the 2022 CPA-Zicklin Index, marking it as a “trendsetter” in corporate political disclosure and accountability. This score reflects PPG's commitment to transparency and integrity in its political spending practices. The CPA-Zicklin Index evaluates companies on 24 metrics related to their electoral spending transparency. PPG's government affairs team actively engages with policymakers to promote business-friendly regulations across various areas, including energy and infrastructure.
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