PPG and Shaw Industries sign strategic agreement for resinous flooring products
PPG (NYSE: PPG) has signed a strategic agreement with Shaw Industries Group to offer the PPG FLOORING™ line of resinous flooring products through Shaw's Patcraft® brand to customers in the commercial property market. This partnership expands PPG's market reach and enhances Shaw's portfolio of flooring solutions.
Resinous flooring is valued for its durability, versatility, and aesthetic appeal, particularly in institutional, industrial, and workplace environments. The PPG Flooring portfolio offers chemical and abrasion resistance for concrete floors, ensuring long-lasting results.
Kelley Fain, executive vice-president of Shaw's commercial business, emphasized the company's commitment to delivering exceptional experiences through diverse flooring solutions. Jenn Solcz, PPG vice president, Protective and Marine Coatings U.S. and Canada, highlighted the partnership as a significant milestone for both companies.
PPG (NYSE: PPG) ha firmato un accordo strategico con Shaw Industries Group per offrire la linea PPG FLOORING™ di prodotti per pavimentazioni resinose attraverso il marchio Patcraft® ai clienti nel mercato immobiliare commerciale. Questa partnership espande la portata di PPG e arricchisce il portafoglio di soluzioni per pavimenti di Shaw.
I pavimenti resinati sono apprezzati per la loro durabilità, versatilità e appeal estetico, in particolare in ambienti istituzionali, industriali e di lavoro. Il portafoglio PPG Flooring offre resistenza chimica e all'abrasione per i pavimenti in cemento, garantendo risultati duraturi.
Kelley Fain, vicepresidente esecutivo del settore commerciale di Shaw, ha sottolineato l'impegno dell'azienda nel fornire esperienze eccezionali attraverso soluzioni per pavimenti diversificate. Jenn Solcz, vicepresidente di PPG, Coating Protettivi e Marini per gli Stati Uniti e il Canada, ha evidenziato la partnership come un traguardo significativo per entrambe le aziende.
PPG (NYSE: PPG) ha firmado un acuerdo estratégico con Shaw Industries Group para ofrecer la línea PPG FLOORING™ de productos de pisos resinosos a través de la marca Patcraft® a los clientes en el mercado inmobiliario comercial. Esta asociación expande el alcance de PPG y enriquece el portafolio de soluciones de pisos de Shaw.
Los pisos resinosos son valorados por su durabilidad, versatilidad y atractivo estético, especialmente en entornos institucionales, industriales y laborales. El portafolio de PPG Flooring ofrece resistencia química y a la abrasión para los pisos de concreto, asegurando resultados duraderos.
Kelley Fain, vicepresidente ejecutivo del negocio comercial de Shaw, enfatizó el compromiso de la empresa de brindar experiencias excepcionales a través de soluciones de pisos diversas. Jenn Solcz, vicepresidenta de PPG, Recubrimientos Protectores y Marinos para EE. UU. y Canadá, destacó la asociación como un hito significativo para ambas empresas.
PPG (NYSE: PPG)는 Shaw Industries Group와 PPG FLOORING™ 수지 바닥재 제품군을 Patcraft® 브랜드를 통해 상업 부동산 시장의 고객에게 제공하기 위한 전략적 계약을 체결했습니다. 이 파트너십은 PPG의 시장 도달 범위를 확장하고 Shaw의 바닥 솔루션 포트폴리오를 향상시킵니다.
수지 바닥재는 특히 기관, 산업 및 작업 환경에서 내구성, 다양성 및 미적 매력으로 높이 평가됩니다. PPG Flooring 포트폴리오는 콘크리트 바닥을 위한 화학적 및 마모 저항성을 제공하여 지속적인 결과를 보장합니다.
Shaw 상업 비즈니스의 Kelley Fain 부사장은 다양한 바닥 솔루션을 통해 뛰어난 경험을 제공하겠다는 회사의 의지를 강조했습니다. PPG의 Jenn Solcz 부사장은 이 파트너십이 두 회사에 중요한 이정표가 될 것이라고 강조했습니다.
PPG (NYSE: PPG) a signé un accord stratégique avec Shaw Industries Group afin d'offrir la ligne de produits de revêtements de sol résineux PPG FLOORING™ à travers la marque Patcraft® aux clients sur le marché de l'immobilier commercial. Ce partenariat étend la portée de PPG et enrichit le portefeuille de solutions de revêtements de sol de Shaw.
Les revêtements de sol résineux sont appréciés pour leur durabilité, polyvalence et attrait esthétique, en particulier dans les environnements institutionnels, industriels et de travail. Le portefeuille PPG Flooring offre une résistance chimique et à l'abrasion pour les sols en béton, garantissant des résultats durables.
Kelley Fain, vice-président exécutif de l'activité commerciale de Shaw, a souligné l'engagement de l'entreprise à offrir des expériences exceptionnelles grâce à des solutions de revêtements de sol diversifiées. Jenn Solcz, vice-présidente de PPG, Revêtements Protecteurs et Marins pour les États-Unis et le Canada, a qualifié ce partenariat de jalon significatif pour les deux entreprises.
PPG (NYSE: PPG) hat eine strategische Vereinbarung mit Shaw Industries Group unterzeichnet, um die PPG FLOORING™-Produktlinie von harzgebundenen Bodenbelägen über die Marke Patcraft® an Kunden im kommerziellen Immobilienmarkt anzubieten. Diese Partnerschaft erweitert PPWs Marktanteil und bereichert Shaws Portfolio an Bodenlösungen.
Harzgebundene Böden werden für ihre Haltbarkeit, Vielseitigkeit und ästhetische Anziehungskraft geschätzt, insbesondere in institutionellen, industriellen und Arbeitsplatzumgebungen. Das PPG Flooring-Portfolio bietet chemische und Abriebfestigkeit für Betonböden und gewährleistet langfristige Ergebnisse.
Kelley Fain, Executive Vice President für das kommerzielle Geschäft von Shaw, betonte das Engagement des Unternehmens, außergewöhnliche Erlebnisse durch vielfältige Bodenlösungen zu bieten. Jenn Solcz, Vizepräsidentin von PPG für Schutz- und Marinebeschichtungen in den USA und Kanada, bezeichnete die Partnerschaft als einen bedeutenden Meilenstein für beide Unternehmen.
- Strategic agreement expands PPG's market reach for resinous flooring products
- Partnership enhances Shaw Industries' product portfolio in the commercial property market
- PPG Flooring line offers chemical and abrasion resistance for concrete floors
- None.
Insights
This strategic agreement between PPG and Shaw Industries is a positive development for PPG, albeit with a moderate impact on its overall business. The partnership expands PPG's market reach for its resinous flooring products through Shaw's Patcraft brand, targeting the commercial property market.
Key points to consider:
- Increased distribution channel: Access to Shaw's extensive customer base in the commercial sector.
- Product diversification: Strengthens PPG's position in the growing resinous flooring market.
- Potential revenue growth: While specific financial projections aren't provided, this could contribute to PPG's top-line growth in its coatings segment.
- Competitive advantage: Enhances PPG's ability to compete in the specialized flooring solutions market.
For investors, this move aligns with PPG's strategy to expand its product offerings and market presence. However, the impact on PPG's
PPG has signed a strategic agreement with Shaw Industries to offer the PPG FLOORING™ line of resinous flooring products. (Image credit: StockRocket / iStock / Getty Images Plus)
Resinous flooring is known for its durability, versatility and aesthetic appeal, particularly for institutional, industrial and workplace environments. The extensive PPG Flooring portfolio provides chemical and abrasion resistance for concrete floors, ensuring long-lasting results.
“As a customer-centric organization, Shaw is dedicated to delivering exceptional experiences by offering a wide array of flooring solutions that meet the diverse needs of our clients,” said Kelley Fain, executive vice-president of Shaw’s commercial business. “With resinous flooring growing in popularity, PPG is an ideal partner for our Patcraft brand due to its deep expertise in resinous coatings and commitment to innovation. Patcraft focuses on offering customers solutions to fill the needs of high-performance environments. Together, we aim to transform spaces and customer experiences.”
“At PPG, we continually strive to solve customer challenges by collaborating with partners to find the best path forward,” said Jenn Solcz, PPG vice president, Protective and Marine Coatings
About Patcraft
Driven by imagination, intention and purpose, Patcraft creates high-performance flooring for every market sector. As a leading soft and hard surface commercial brand, we hold ourselves to the highest standards, delivering award-winning, high-quality products that transform spaces and human experiences. Inspire, create, and transform every day with Patcraft.
About Shaw Industries
Shaw Industries Group, Inc. is a leader in flooring and other surface solutions designed for residential housing, commercial spaces and outdoor environments. Leveraging strengths in design, innovation and operational excellence, the company takes a people-centered, customer-focused, and growth-minded approach to meet diverse market needs. It creates differentiated customer experiences through its expansive portfolio of brands: Anderson, Tuftex, COREtec, Shaw Floors, Patcraft, Philadelphia Commercial, Shaw Contract, Shaw Sports Turf, Shawgrass, Southwest Greens, Watershed Geo and more.
Headquartered in
PPG: WE PROTECT AND BEAUTIFY THE WORLD®
At PPG (NYSE: PPG), we work every day to develop and deliver the paints, coatings, and specialty materials that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in
PPG Flooring is a trademark and the PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.
Patcraft is a registered trademark owned by and exclusively licensed to Shaw Industries Group, Inc.
CATEGORY Protective and Marine Coatings
View source version on businesswire.com: https://www.businesswire.com/news/home/20241008317235/en/
PPG Media Contact:
Zachary Madden
Protective and Marine Coatings
+1 412 328 1104
zmadden@ppg.com
www.ppgpmc.com
Source: PPG
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