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PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials. With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe. By revenue it is the second largest coatings company in the world behind Sherwin-Williams. [2]
Download coordinates as: KML; GPX (all coordinates) GPX (primary coordinates) ... Pages in category "PPG Industries" The following 18 pages are in this category, out ...
PPG Industries announced an agreement to acquire Glidden from AkzoNobel for $1.05 billion on December 14, 2012. The transaction closed April 1, 2013. [ 1 ] Following the deal, PPG will be the second largest paint manufacturer in North America, behind Sherwin-Williams .
Under Dutch company law, PPG had to then decide to either make a formal bid or walkaway. [37] In early June, PPG chose to walk away from the potential deal. [38] [39] As part of Akzo's defense to shareholders, many of whom pushed for the deal, chief executive Ton Büchner agreed to split Akzo in two and achieve increased financial targets. [40]
Ford City was founded in 1887 as a company town by the Pittsburgh Plate Glass Company (now PPG Industries) as the site for its Works No. 3 glass factory. The town was named in honor of the company founder, John Baptiste Ford. The factory employed as many as 5,000 workers in its heyday. PPG shut down its Ford City operations in the 1990s.
The deal was rejected by Mexico's Comisión Federal de Competencia in November 2013 for antitrust purposes, [3] and a result of such, PPG Industries has agreed to buy Comex for $2.3 billion [4] Sherwin-Williams was still able to purchase Comex' operations in the United States and Canada for $165 million. [5]