PPG to Increase U.S. Aerospace Products Manufacturing Output to Meet Rising Demand

Rhea-AI Summary

PPG (NYSE:PPG) is set to boost manufacturing output by up to 20% at its Huntsville, Alabama, and Sylmar, California, facilities to cater to growing demand for its aerospace aftermarket products. The company plans to enhance factory automation to improve delivery times for aerospace coatings and sealants. A new aerospace application support center is being built in Toulouse, France, with an investment of $17 million, expected to commence operations in Q4 2023. PPG aims to support the aviation industry's recovery as travel demand rises.

Positive

• Increase in manufacturing output by up to 20% to meet growing demand.
• Investment of $17 million in a new aerospace application support center in Toulouse, France.
• Enhancements in factory automation to improve delivery times.

Negative

• None.

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE:PPG) today announced that it will increase manufacturing output to meet rising demand for its commercial aerospace aftermarket products. The company expects to increase employment levels at its Huntsville, Ala. and Sylmar, Calif. manufacturing facilities by up to 20% to fulfill higher demand from new and existing customers.

“We’ve benefited from year-over-year improvements in the market,” said Dan Korte, PPG global vice president, Aerospace. “As travelers continue returning to the skies, we are focused on meeting the immediate and longer-term needs of our customers.”

PPG is also investing in increased factory automation to enhance delivery times for aerospace coatings and sealants. For example, the company’s Shildon, U.K. aerospace plant is commissioning an automatic SEMKIT® filling machine to increase production of these ready-to-use cartridge-based systems that store, mix and ease application of aerospace sealants.

“With increased employment at our major U.S. manufacturing plants, we can boost our supply throughout our global network of 16 aerospace application support centers (ASC),” said Korte. “By further automating our processes at these ASCs, we can quickly ship products directly to our local customers and do our part to help the aviation industry thrive once again.”

PPG recently announced that it will invest $17 million to build an ASC in Toulouse, France. Operations are anticipated to begin in the fourth quarter of 2023.

PPG’s global aerospace business offers coatings, sealants, adhesives, transparencies, packaging and application systems, and transparent armor, as well as chemical management and other services. For more information, visit www.ppgaerospace.com.

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 nearly 140 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 75 countries and reported net sales of $16.8 billion in 2021. 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 is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.
Semkit is a registered trademark of PRC-DeSoto International, Inc.

CATEGORY Aerospace

View source version on businesswire.com: https://www.businesswire.com/news/home/20220628005235/en/

PPG Media Contact:

Mark Silvey

Corporate Communications

+1-412-434-3046

silvey@ppg.com

PPG Investor Contact:

John Bruno

Investor Relations

+1-412-434-3466

jbruno@ppg.com

investor.ppg.com

Source: PPG

FAQ

What recent announcement did PPG make regarding manufacturing output?

PPG announced it will increase manufacturing output by up to 20% at its Huntsville and Sylmar facilities to meet rising demand.

How much is PPG investing in its new aerospace application support center in Toulouse, France?

PPG is investing $17 million in its new aerospace application support center in Toulouse, France.

When will PPG's new aerospace application support center in Toulouse start operations?

Operations for PPG's new aerospace application support center in Toulouse are anticipated to begin in the fourth quarter of 2023.

What products does PPG focus on within the aerospace market?

PPG's global aerospace business offers coatings, sealants, adhesives, and application systems, among other services.