Posts Tagged ‘ PPG ’

How PPG is Transitioning its Glass Business to Vitro

Jul 27th, 2016

News of PPG’s sale of its glass division to Vitro was revealed to employees during an 8:05 a.m. staff meeting last Thursday, about a half hour before the company announced that it was selling its flat glass business to the Mexican manufacturer. “[We received] a very positive response from all the employees,” PPG vice president of flat glass Dick […]

What Led to PPG’s Sale of its Glass Business?

Jul 27th, 2016

It was only a matter of time. And at the halfway point of 2016, the timing was right. Last week, PPG and Mexico-based glass manufacturer Vitro announced Vitro is purchasing the assets of PPG’s flat glass business for $750 million. Given PPG’s illustrious 133-year history in glass, the move sent waves throughout the industry—though it […]

PPG Sells Flat Glass Business to Vitro for $750 million

Jul 21st, 2016

PPG, a Fortune 500 mainstay that was founded as a glass company 133 years ago, is selling the assets of its flat glass business to Mexican-based manufacturer Vitro, the companies announced Thursday. PPG will receive $750 million in gross cash proceeds. PPG has flat glass manufacturing facilities in Carlisle, Pa., Fresno, Calif., and Wichita Falls, Texas. It also […]

Report: PPG May Sell Flat Glass Business to Mexican Manufacturer

Jul 18th, 2016

PPG may be in negotiations to sell its flat glass business to Vitro, a Mexico-based flat glass manufacturer, according to a report by the Pittsburgh Post-Gazette. The newspaper says it obtained an independent auditor’s report that mentions a possible sale. In response to DWM’s request for comment, PPG senior manager of corporate and government affairs […]

PPG Announces Executive Appointment

Jul 13th, 2016

PPG appointed Jeff Oravitz, previously CEO of MetoKote, as vice president of PPG coatings services and president of PPG-MetoKote. He will report directly to Viktor Sekmakas, PPG executive vice president. PPG announced July 6 that it had completed its acquisition of MetoKote, a U.S.-based coatings services business with 2015 global sales of approximately $200 million. Financial […]

PPG Resumes Production in Fresno

Apr 6th, 2016

PPG’s Fresno, Calif., glass plant, which suspended operations in January for a furnace reline and refurbishment, resumed production on April 1. The 50-year-old facility, which makes clear and Starphire ultra-clear glasses in 2.5- to 12-millimeter thicknesses, has been idle since early January for scheduled maintenance after more than 15 years of continuous manufacturing. Ray Yee, […]

PPG Works on Repairs at California Glass Facility

Feb 8th, 2016

PPG has launched a $20 million repair project at its Fresno, Calif., flat glass facility. The company says it’s re-bricking the oxygen-fired glass furnace there after 15 years of continuous operation. “The purpose of the scheduled outage is to restore the furnace’s original glass quality and environmental performance,” said Chuck Hanley, director of production for PPG. “We’ll also be using the time to […]

PPG Appoints Two to Executive Positions

Jan 6th, 2016

PPG Industries recently announced two executive appointments. Hervé Tiberghien, senior director, global human resources, will become vice president, human resources, effective Feb. 28. He’ll report to PPG president and CEO Michael McGarry. Chris Caruso, director, information technology, global architectural coatings, will become vice president, information technology, effective Feb. 1. He will report to Ram Vadlamannati, […]

PPG Appoints David Bem as CTO

Oct 30th, 2015

PPG Industries has appointed David Bem as vice president, science and technology, and chief technology officer-elect (CTO-elect), effective November 16. In the CTO role, Bem will succeed Charles F. Kahle II, who has announced plans to retire effective March 1, 2016. Bem joins PPG from Dow Chemical, where he was vice president for research and development (R&D), consumer […]

PPG Lifts “Force Majeure” Out West, Investing in Facility Upgrades

Sep 24th, 2015

PPG is back in production at its Fresno, Calif., location, and it’s coming back with a bang. The company had announced a “force majeure” two weeks ago on its architectural, residential and specialty glass products for customers located in the western U.S. and western Canada. PPG has now restored normal operations at the facility and […]

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