Last $200.52 USD
Change Today +0.81 / 0.41%
Volume 811.8K
PPG On Other Exchanges
As of 8:04 PM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

ppg industries inc (PPG) Snapshot

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06/30/14 - $213.01
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10/9/13 - $160.76
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ppg industries inc (PPG) Details

PPG Industries, Inc. manufactures and distributes coatings, optical and specialty materials, and glass products. The company operates in five segments: Performance Coatings, Industrial Coatings, Architectural Coatings, Optical and Specialty Materials, and Glass. It offers coatings products for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; sealants, coatings, maintenance cleaners, and transparencies for commercial, military, regional jet, and general aviation aircraft and transparent armor for specialty applications; and coatings and finishes for the protection of metals and structures to metal fabricators, heavy duty maintenance contractors, and manufacturers of ships, bridges, and rail cars. The company also provides industrial and automotive coatings for manufacturing companies; adhesives and sealants for the automotive industry; metal pretreatments and related chemicals for industrial and automotive applications; and packaging coatings to aerosol, food, and beverage container manufacturers. In addition, it offers architectural coatings used by painting and maintenance contractors and by consumers to decorate and maintain residential and commercial building structures, as well as purchased sundries to painting contractors and consumers. Further, the company provides optical products, such as lenses, optical lens materials, and sun lenses; silicas comprising amorphous precipitated silicas for tire, battery separator, and other end-use markets; and substrates used for radio frequency identification tags and labels, e-passports, drivers’ licenses, and identification cards applications. Additionally, it offers flat glass and continuous-strand fiber glass products for commercial and residential construction markets, and the wind energy, energy infrastructure, transportation, and electronics industries. The company was founded in 1883 and is headquartered in Pittsburgh, Pennsylvania.

41,400 Employees
Last Reported Date: 02/20/14
Founded in 1883

ppg industries inc (PPG) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.4M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $463.2K
Chief Operating Officer
Total Annual Compensation: $541.7K
Executive Vice President
Total Annual Compensation: $541.7K
Senior Vice President of Strategic Planning &...
Total Annual Compensation: $567.2K
Compensation as of Fiscal Year 2013.

ppg industries inc (PPG) Key Developments

PPG Introduces P190-6930 Performance Clearcoat

PPG Industries Inc. has launched P190-6930 Performance Clearcoat. The new 2.1 clearcoat is intended specifically for use with waterborne AQUABASE Plus basecoat by PPG. It is designed for high-production collision centers and provides excellent throughput and impressive gloss retention. P190-6930 features PPG's innovative resin technology engineered for waterborne basecoats, making it the appropriate solution for shops seeking a low-VOC production clear. Used with Aquabase Plus basecoat, a vital part of the NEXA AUTOCOLOR refinish system by PPG, P190-6930 delivers the high-quality results and efficient cycle-time performance progressive collision centers require. P190-6930 enhances throughput with quick air-dry and bake cycle times--4 hours and 25 minutes respectively--that result in superior finish hardness. With four reducer options, the clearcoat adapts to a wide range of operating temperature and humidity conditions. In addition, it can be buffed in less than one hour after cooldown if required. The result is excellent gloss retention and finish.

PPG Industries Mulls Acquisitions

PPG Industries Inc. (NYSE:PPG) is seeking acquisitions. Gloria Glang, Director of strategy and M&A for PPG Industries, said, "The company is also evaluating a pipeline of potential deals in the EMEA region, but these could extend towards technology, patents and joint ventures as much as investments or bolt-ons. We have a solid M&A pipeline in EMEA, but we not only look at classic M&A, we also look into technology buys strategic partners."

PPG Industries Inc. Appoints Michael H. McGarry as Chief Operating Officer

PPG Industries has appointed Michael H. McGarry as chief operating officer. McGarry transitioned to this role on Aug. 1; he previously served as executive vice president. As COO, McGarry has executive oversight responsibility for all of PPG's strategic business units and operating regions, as well as for the information technology, environment, health and safety (EHandS), and purchasing functions. He remains based at PPG's global headquarters in Pittsburgh and continues to report to chairman and CEO Charles E. Bunch. McGarry also serves as a director on the boards of Axiall Corporation and Pittsburgh Glass Works LLC.


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Valuation PPG Industry Range
Price/Earnings 23.3x
Price/Sales 1.7x
Price/Book 4.4x
Price/Cash Flow 10.5x
TEV/Sales 1.3x

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