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PPG Lifts Fresno Glass Manufacturing Force Majeure, Will Invest $20 Million in 2016 for Facility Enhancements

Post Time:Sep 28,2015Classify:Company NewsView:270

PITTSBURGH--(BUSINESS WIRE)--

 

PPG Industries (PPG) today announced that it has restored normal operations at its Fresno, California, glass manufacturing facility and lifted the force majeure on architectural, residential and specialty glass products for customers located in the western U.S. and western Canada.

 

The company also announced plans to invest $20 million in upgrades for the Fresno facility, which will begin in January 2016. PPG plans to rebuild the glass tank and enhance other manufacturing equipment at the plant. The investment will upgrade equipment to meet continued demand for PPG flat glass products manufactured at the facility.

 

We are pleased today to resume production at the Fresno facility and look forward to once again supplying our flat glass to meet customer demand in the western U.S. and western Canada," said Richard Beuke, PPG vice president, flat glass. “As we look ahead, our planned investments at the Fresno facility will help to further enhance our production capabilities to meet our customers’ needs in the future.”

 

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 has global headquarters in Pittsburgh and operates in more than 70 countries around the world. Reported net sales in 2014 were $15.4 billion. PPG shares are traded on the New York Stock Exchange (symbol:PPG). For more information, visit www.ppg.com and follow @PPGIndustries on Twitter.

 

Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.

 

 

View source version on businesswire.com: http://www.businesswire.com/news/home/20150923005679/en/

 

Contact:

PPG Industries, Inc.

Media:

PPG Corporate Communications

Mark Silvey, 412-434-3046

silvey@ppg.com

or

Investors:

PPG Investor Relations

Scott Minder, 412-434-3466

sminder@ppg.com

Source: http://finance.yahoo.com/news/ppg-lifts-fresno-glaAuthor: shangyi

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