PPG to Invest $17 Million to Build Aerospace Application Support Center in France

Rhea-AI Summary

PPG (NYSE:PPG) will invest $17 million to establish an aerospace application support center in Toulouse, France, enhancing service to local aerospace customers. The facility, near Toulouse Blagnac Airport, is expected to commence operations in the fourth quarter of 2023. It will be PPG's fifth ASC in the EMEA region and aims to improve product delivery and technical resources. The center will have capabilities including a qualification lab, training areas, and customer service resources, supporting PPG’s growth strategy and regional customer engagement.

Positive

• Investment of $17 million for a new aerospace application support center in Toulouse.
• Expected operational start in the fourth quarter of 2023.
• Enhanced customer service and product delivery capabilities in the EMEA region.

Negative

• None.

Toulouse location ensures quick product delivery to local customers

TOULOUSE, France--(BUSINESS WIRE)-- PPG (NYSE:PPG) today announced that it will invest $17 million to build an aerospace application support center (ASC) in Toulouse, France. PPG anticipates breaking ground for the new facility in the third quarter of 2022 and beginning operations in the fourth quarter of 2023. The facility will be strategically located near aerospace customers and the Toulouse Blagnac Airport. This will be the fifth PPG ASC in the Europe, Middle East and Africa (EMEA) region and the second in France, in addition to the ASC in Gonfreville.

PPG will invest $17 million to build an aerospace application support center in Toulouse, France that will begin operations in the fourth quarter of 2023. The facility will be strategically located near aerospace customers and the Toulouse Blagnac Airport. (Photo: Business Wire)

“The construction of a new ASC will allow us to better serve and collaborate with our aerospace customers in the region,” said Dirk Thelen, PPG general manager, Aerospace, EMEA. “The new facility will enhance our ability to provide unparalleled responsiveness and customer support, leading to faster qualification of products and higher participation in new projects, earlier in the development cycle.”

Capabilities at the ASC will include a development and qualification laboratory for aerospace materials, a color blending area for coatings, and a spray booth for hands-on training. It will also house filling lines for touch-up kits, a transparencies inspection cell, customized packaging capabilities for third-party products, chemical management resources and a customer service center.

“ASC-Toulouse will be the 17th application support center in our worldwide network,” Thelen said. “As we continue to grow our reach globally, we can ensure that all of our customers have convenient access to our latest aerospace technologies, while also improving the delivery of our products and providing technical resources regionally.”

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.

CATEGORY Aerospace

View source version on businesswire.com: https://www.businesswire.com/news/home/20220428005109/en/

Media Contacts:

Mark Silvey

Corporate Communications

+1-412-434-3046

silvey@ppg.com

Andrew Wood

Corporate Communications, EMEA

+31 6 5121 6579

awood@ppg.com

www.ppg.com

Source: PPG

FAQ

What is the purpose of PPG's new aerospace support center in Toulouse?

The center aims to enhance service and collaboration with aerospace customers in the region.

When will the Toulouse aerospace support center begin operations?

Operations are expected to start in the fourth quarter of 2023.

How much is PPG investing in the Toulouse support center?

PPG is investing $17 million in the construction of the center.

What capabilities will the PPG ASC in Toulouse include?

The ASC will feature a qualification lab, color blending area, training booth, and customer service resources.

How many application support centers does PPG have worldwide?

The Toulouse center will be the 17th application support center in PPG's global network.