News Abounds at PPG; Reaction to Auto Glass Sale
Continues, along with Plant Death
Over the course of the last week, Pittsburgh-based PPG Industries
has been in the news far and wide. See below for the latest news
from PPG.
SALE NEWS
Analysts Laud PPG Auto Deal
PPG Industries Inc.'s plan to sell its automotive glass business
is playing well with analysts and giving workers at its Creighton
plant hope that a strong orderbook bodes well for the future under
new ownership.
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HERE to read more.
PPG Workers Express Concern About Their Futures
Apprehension and worry about the future have occupied Roland Turner's
thoughts since PPG Industries announced Thursday it was selling
its automotive glass businesses.
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HERE to read more.
PPG Selling 9 Plants, Including Crestline
PPG Industries has signed an agreement with a California company
where it would divest its automotive original equipment manufacture
(OEM) glass and automotive replacement glass (ARG) and services
businesses.
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HERE to read more.
PPG to Sell Fine Chemicals Business for Approximately $65 Million
PPG Industries (NYSE: PPG) has signed an agreement with ZaCh System
S.p.A., the fine chemicals subsidiary of Zambon Company S.p.A.,
Milan, Italy, under which the company would divest its fine chemicals
business for approximately $65 million.
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HERE to read more.
ACCIDENT REPORTS
Friends Mourn Loss of Man Killed in PPG Accident
Dave Wotring never saw Neil McMichael without a smile. "If he had
a bad day, he never put it on," Wotring said. "I never saw him angry,
never. I can't say an unkind word about Neil." McMichael, 61, was
killed early Thursday in an industrial accident at PPG Industries
Inc. He was a glass-cutting line operator.
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HERE to read more.
KUDOS
Child Predators Internet Program to be Expanded
A program to educate children and parents about child predators
lurking on the Internet will be headed to more classrooms in Allegheny
County, state Attorney General Tom Corbett said Friday. PPG Industries
and Toyota donated $20,000 to Child Watch of Pittsburgh, a nonprofit
dedicated to the needs of at-risk children in the county.
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HERE to read more.
EXPANSION NEWS
PPG to Expand China Operations
PPG Industries Inc. said Thursday its aerospace unit plans to open
a new plant for aircraft cockpit window repair in China, as demand
in that burgeoning economy increases.
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HERE to read more.
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