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0 -0.000462406362711525 0.00226579117728664 0.000601128271525127 9.24812725423575E-05 0.0036067696291501 0.00971053361694267 0.0119291593452326
Stock impact report

PPG to invest $380 million to build new U.S. manufacturing facility in Shelby, N.C. for aerospace coatings and sealants

PPG Industries, Inc. (PPG) 
Last ppg industries, inc. earnings: 4/27 04:20 pm Check Earnings Report
US:NYSE Investor Relations: investor.ppg.com
Company Research Source: Business Wire
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it will invest $380 million to build a new aerospace coatings and sealants manufacturing facility in Shelby, N.C. Construction on the 62-acre site, which will initially include manufacturing and warehousing units, is set to commence in October 2025 and is expected to be completed in the first half of 2027.The 198,000-square-foot facility will enable the company to continue meeting the growing demands of the aerospace industry. It will employ more than 110 people and produce the full line of PPG’s aerospace coatings and sealants. The additional capacity of this new plant, combined with nearby transport links that improve supply chain and shipping logistics, will help improve service levels for customers.“PPG’s investment in this new manufacturing facility demonstrates the significant demand growth for our world-class technologies and our continued commitment to serving our aerospace customers,” said Tim Knavish, PPG Show less Read more
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