PPG Invests $300M in New Manufacturing Plant & Facility Upgrades
PPGPPG Industries(PPG) zacks.com·2024-05-24 22:05

PPG Industries, Inc. (PPG) recently announced a $300-million investment in advanced manufacturing in North America to support the growing demand for paints and coatings in the automotive industry. This investment, beginning in 2024 and spanning four years, includes the construction of a new manufacturing plant in Loudon County, Tennessee. The new 250,000-square-foot facility will be PPG’s first new U.S. manufacturing plant in over 15 years. Initially, it will produce paints and coatings for automakers and a ...