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Pittsburgh, PA, United States, 2015/03/19 - Investment establishes resin production for electrocoat at Sumaré, São Paulo, facility - PPG.com. NYSE: PPG
PPG Industries today held a ceremony to mark the completion of a $40 million, 65,000-square-foot plant for on-site resin production at its Sumaré, São Paulo, Brazil, coatings manufacturing facility.
Resin produced at the facility will be used to manufacture PPG’s electrocoat products to meet growing demand from automotive original equipment manufacturers (OEMs) and industrial coatings customers in the region. Attending the ceremony from PPG were Michael McGarry, president and chief operating officer; Cindy Niekamp, senior vice president, automotive OEM coatings; and Carlos Santa Cruz, general manager, Brazil.
“The expansion of the Sumaré facility demonstrates PPG’s long-term commitment to our automotive and industrial coatings customers in this very important region and enables us to further expand our localized production capabilities,” McGarry said. “PPG is committed to the market in Brazil and the needs of our customers across Latin America.”
With a presence in Brazil since 1973, PPG produces coatings for a variety of end-use markets in the region, including aerospace, architectural, automotive OEM, automotive refinish, industrial, packaging, oil and gas, and marine.
PPG: BRINGING INNOVATION TO THE SURFACE.™
PPG Industries' vision is to be the world’s leading coatings company by consistently delivering high-quality, innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings. Through leadership in innovation, sustainability and color, PPG provides added value to customers in construction, consumer products, industrial and transportation markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG (ppg.com) has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Reported net sales in 2014 were $15.4 billion.
Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.
Contacts: Carlos Thurler - PPG Corporate Marketing Brazil & South America
P: (19)2103-6279 - E: cthurler[.]ppg.com.
Investors: Vince Morales - PPG Investor Relations
P: +1 412-434-3740 - E: vmorales[.]ppg.com.