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PPG Industries, Inc. engages in the manufacture and distribution of coatings, specialty materials, and glass products. It operates through Performance Coatings and Industrial Coatings segments. Read More The Performance Coatings segment comprises of the refinish, aerospace, protective and marine, and architectural coatings businesses. The Industrial Coatings segment includes automotive OEM, industrial coatings, packaging coatings, and specialty coatings and materials businesses. The company was founded was founded by John B. Ford and John A. Pitcairn in 1883 and is headquartered in Pittsburgh, PA.
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Seeking AlphaMay 21
PPG Industries' CEO Michael McGarry on Strategic Business Review Update - Call Transcript
PPG Industries, Inc. (NYSE:PPG) Strategic Business Review Update Call May 21, 2019 9:00 AM ET Company Participants John Bruno – Director-Investor Relations Michael McGarry – Chairman and Chief Executive Officer Vince Morales – Senior Vice President and Chief Financial Officer Conference Call Participants Matthew Krueger – Robert W. Baird John Roberts – UBS Frank Mitsch – Fermium Research Kevin McCarthy – VRP Michael Sison – KeyBanc David Begleiter – Deutsche Bank Christopher Parkinson – Credit S...
Wall Street JournalMay 21
PPG Won’t Break Up, Despite Pressure From Activist Investor
PPG Industries Inc. won’t split its units making building paints and industrial coatings, choosing to forge ahead as a unified company after facing pressure from an activist investor to maximize value in its disparate operations. Pittsburgh-based PPG produces paint for walls and rooms as well as coatings for products including planes and smartphones. Activist Trian Fund Management LP, which has a roughly 2.5% stake in PPG, has urged executives since October to separate those businesses to accelerate sales ...
PPG to keep architectural, industrial coatings units after review
May 21 (Reuters) - PPG Industries Inc said on Tuesday it decided to keep its architectural and industrial coatings units after reviewing its operations following calls from activist investor Nelson Peltz to break up the company.
Expected Jul 18, Pre-Market