PPG reports sustainability progress, updates 2020 goals
PPG today released its 2015 Corporate Sustainability Report, which details the company’s progress toward achieving its 2020 sustainability goals. The report is available at sustainability.ppg.com.
PPG marks successful 2015, record financials at annual meeting
PPG today held its annual meeting of shareholders in Pittsburgh, where President and Chief Executive Officer Michael H. McGarry spoke about the company’s continued strategic progress and record financial performance.
PPG reports record first quarter earnings per diluted share
PPG today reported first quarter 2016 net sales of $3.7 billion, consistent with the prior year. Net sales in local currencies grew 4 percent year-over-year, with acquisition sales contributing 3 percent and sales volume growth adding one percent. Unfavorable foreign currency translation impacted net sales by nearly 4 percent, or about $140 million.
PPG Foundation donates $5,000 to Cleveland County Schools
The PPG Foundation recently donated $5,000 to Cleveland County Schools in Shelby, North Carolina, to develop a mobile creation and experimentation makerspace for use in district programs. The grant was made on behalf of the local PPG fiber glass facility.
PPG Foundation donates $5,000 to American Red Cross of Northern South Carolina
The PPG Foundation recently donated $5,000 to the American Red Cross of Northern South Carolina to assist with disaster relief in the state following historic flooding this past October. The grant was made on behalf of PPG’s fiber glass plant in Chester.
PPG Foundation supports Dorman High School Engineering Club
Rebecca Richardson, dean of the School of Engineering, Manufacturing and Industrial Technology at Dorman High School in Roebuck, South Carolina, recently accepted a $1,000 PPG Foundation check for the school Engineering Club to fund talks by guest speakers, visits to local manufacturing sites, and materials for engineering mini-projects to build bridges, balloon-powered cars and gliders.
PPG updates brand, launches global marketing campaign
PPG announced today updates to its corporate brand and the launch of a global marketing campaign to drive increased familiarity with the company. The initiative introduces a new tagline – PPG: WE PROTECT AND BEAUTIFY THE WORLD™ – that brings PPG’s focus to life as the world’s leading paint and coatings company.
PPG announces executive appointment
PPG today announced Radhika Batra will join the company as vice president, purchasing and logistics, effective March 7. Steve Lampe, current PPG vice president, purchasing and logistics, has announced he will retire May 1.
PPG reports fourth quarter and full-year results
PPG Industries today reported fourth quarter 2015 net sales from continuing operations of $3.7 billion, consistent with the prior year. Net sales in local currencies grew 7 percent year-over-year, with acquisition-related sales adding 5 percent and sales volume growth contributing nearly 2 percent. Unfavorable foreign currency translation impacted net sales by 7 percent, or about $250 million.
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PPG to announce fourth quarter and full-year 2015 results Jan. 21, 2016
PPG Industries announces the following details for its fourth quarter and full-year 2015 earnings release and teleconference call.