PPG Completes Acquisition of Spraylat
PITTSBURGH -- December 18, 2012
PPG Industries (NYSE:PPG) today announced that it has completed its previously
announced acquisition of certain assets of Spraylat Corp., a privately-owned
industrial coatings company based in Pelham, N.Y. Financial terms were not
The acquisition furthers the capabilities of PPG’s industrial coatings
business for both liquid and powder coatings. Spraylat coatings products are
used in industrial markets such as automotive parts, architectural powder
coatings, transportation, and general industrial niches such as electronic
device, metal office furniture and storage, and sign coatings. The company had
annual sales of approximately $125 million in 2011.
PPG: BRINGING INNOVATION TO THE SURFACE.(TM)
PPG Industries' vision is to continue to be the world’s leading coatings and
specialty products company. Through leadership in innovation, sustainability
and color, PPG helps customers in industrial, transportation, consumer
products, and construction markets and aftermarkets to enhance more surfaces
in more ways than does any other company. Founded in 1883, PPG has global
headquarters in Pittsburgh and operates in more than 60 countries around the
world. Sales in 2011 were $14.9 billion. PPG shares are traded on the New York
Stock Exchange (symbol:PPG). For more information, visit www.ppg.com.
Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.
PPG Corporate Communications
Jeremy Neuhart, 412-434-3046
PPG Investor Relations
Vince Morales, 412-434-3740
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