Pazartesi, Mayıs 6, 2024

PPG Announces Large Investment

PPG Announces Large Investment

PPG announced a $44 million investment to renovate five powder coatings manufacturing facilities in the US and Latin America.

The projects are part of PPG’s strategic goals to expand its powder coating offerings and increase global production to meet growing customer demand for sustainable advantage products.

Collectively, the investment – $30 million for U.S. plants and $14 million for facilities in Latin America is expected to increase overall capacity, add production capabilities for bonded metallic powders, improve processing times with automated packaging, and enhance capabilities to produce small, medium and large batches.

Enhancements and expansions are already completed or under way at powder production facilities in Brazil, Ind., Gainesville, Texas; Greensboro, N.C.; San Juan del Rio, Mexico; and Sumaré, Brazil.

PPG expects to complete these total projects by the fourth quarter of 2023. Since 2019, PPG has focused on expanding its powder coatings capacity and capabilities, has made four strategic acquisitions and expanded its manufacturing and service elements at seven facilities worldwide.

PPG

“Focusing on powder coatings is a win-win for PPG and our customers as we are able to offer greater access to sustainably advantaged products,” said Marizeth Carvalho, PPG global director, powder coatings, Industrial Coatings.“Powder is the fastest growing coatings technology in the world and PPG’s goal is to lead that charge through innovation and production advancements.”

PPG is a leading supplier of powder coatings to the automotive, general industry, white goods, furniture and other key industries. It has a large global footprint with 21 powder manufacturing facilities, seven of which are adhesive, a powder resin facility, an R&D development center and a global center of excellence.

“We continue to accelerate the growth of our powder coatings business to meet the demand of our customers and enhance their experience, wherever they are in the world,” Carvalho said. “These strategic expansions will provide increased access to new and existing products.”

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