12 Facts About PPG Industries

1.

PPG Industries, Inc is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials.

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2.

PPG Industries was the world's first plate glass plant to power its furnaces with locally produced natural gas, an innovation which rapidly stimulated widespread industrial use of the cleaner-burning fuel.

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3.

Today, known as PPG Industries, the company is a multibillion-dollar, Fortune 500 corporation with 150 manufacturing locations around the world.

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4.

In 1990 PPG Industries founded Transitions Optical as a joint venture with Essilor.

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5.

In October 2000, PPG Industries announced it had agreed to buy Courtaulds Aerospace for $512.

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6.

In July 2016, PPG Industries announced its sale of the flat glass business to Vitro, a glass manufacturer based in Mexico, for $750 million.

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7.

In September 2017, PPG Industries announced the sale of its remaining fiberglass operations to Nippon Electric Glass for $541 million.

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8.

The new Akzo strategy was dismissed by PPG Industries, which claimed that their offer represented better value for shareholders, supported by activist Akzo shareholder Elliot Advisors.

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9.

In May 2021, PPG Industries completed the acquisition of Worwag, a German coating manufacturer.

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10.

PPG Industries has been involved in sports for numerous years, including being the primary sponsor for the CART Indy car series from 1980 to 1997.

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11.

PPG Industries has been a partner of Team Penske in CART, IndyCar Series and NASCAR Cup Series since 1984.

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12.

PPG Industries is the prime sponsor of John Force Racing and makes all their cars and paints and decals them before each NHRA race.

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