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On 2 January 2008, PPG acquired the SigmaKalon Group of companies for $3.2 billion from private investment firm Bain Capital, strongly increasing its paint and specialty coatings business. [11] In 2008, PPG renamed their automotive glass division PGW (Pittsburgh Glass Works) and sold a majority of it to Kohlberg & Company.
A DuPont Duco nitrocellulosic lacquer was also applied on early Fender Telecaster guitars ("butterscotch" or honey color) : that ultra thin finish was a significant contribution to this guitar specific resonance and sound. Duco coated is used in the plumbing industry to describe lacquered floor drains and other similar products.
ICI was bought by the Dutch company AkzoNobel in 2008; Akzo Nobel's American decorative paints business was bought by Pittsburgh's PPG in 2013. [6] Advertisement pamphlet for Jap-A-Lac varnish from the Glidden Varnish Company (1890)
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[6] In 2006, readers of the Pittsburgh City Paper voted PPG Place as the best building in Pittsburgh. [12] In 2005, when the vacancy rate of downtown offices was around 20%, PPG Place was between 87 and 89% full. The management company was able to attract out-of-town corporations to relocate operations to Pittsburgh.
However, after a two-year hiatus, the AFL returned and eyed an expansion team in Pittsburgh. [71] On August 19, 2010, news sources reported that PPG Paints Arena would be home to the Pittsburgh Power, which began play in the spring of 2011. The team's ownership group includes former Pittsburgh Steelers and Pro Football Hall of Fame member Lynn ...
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