All information in this release speaks only as of January 16, 2020, and any distribution of this release after that date is not intended and will not be construed as updating or confirming such information. Detailed reports of various financial transactions undertaken by PPG Industries, Inc. and its subsidiaries since 2007. December 31, 2013. PPG's Cuming Microwave Corporation is based in Avon, Massachusetts and its wholly-owned subsidiary, Cuming-Lehman Chambers, Inc, based in Chambersburg is a global supplier of RF and Microwave Absorbers, Dielectric Materials, and Turnkey Anechoic Chambers for the Military & Aerospace, Electronics, Telecom, Medical and Automotive industries. PPG INDUSTRIES, INC. AND SUBSIDIARIES. In comparison, the salaries at SPRAYLAT, COLOR WHEEL PAINTS COATINGS, and Sierracin/Sylmar are $66,445, $50,583, and $46,957. 1,706 1,710 1,945 Other current assets . Yes, I would like the opportunity to receive e-mails containing information, product updates, e-newsletters, samples, promotional offers and rebates from brands of PPG Industries, Inc. and its subsidiaries. PPG INDUSTRIES COLOMBIA LTDA is located in ITAGUI, Antioquia, Colombia and is part of the Paint & Coating Manufacturing Industry. PPG Industries Ohio, Inc. is located in Cleveland, OH, United States and is part of the Paint & Coating Manufacturing Industry. Performance Coatings segment fourth quarter net sales were nearly $2.2 billion, 2% higher than the previous year. Industrial Coatings segment fourth quarter net sales were about $1.5 billion, down $16 million, or 1%, versus the prior-year period. Acquisition-related sales added approximately $20 million, or about 1% to net sales, driven by SEM, Dexmet, and Texstars. Significant subsidiaries included in the 2002 consolidated financial statements of the Company are: At PPG, we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 years. South Africa, PPG Architectural Coatings UK Limited – PPG Industries (NYSE: ... the PPG subsidiary holding its commodity chemicals business, with a subsidiary of Georgia Gulf Corporation (NYSE: GGC). Glassdoor gives you an inside look at what it's like to work at PPG Industries, including salaries, reviews, office photos, and more. Architectural coatings – Europe, Middle East and Africa (EMEA) organic sales decreased by a low-single-digit percentage, as lower sales volumes were partially offset by higher selling prices. PPG Industries Ohio, Inc. manufactures paint products. Register | Course Info December 31, 2002 . Capital expenditures totaled about $415 million. Delaware, PRC-DeSoto International, Inc. – PITTSBURGH--(BUSINESS WIRE)-- The company ended the year with approximately $5 billion of total debt, and about $1.3 billion of cash and short-term investments. However, the news failed to … (Jimenez, Carlos) Condensed Consolidated Statement of Income (Unaudited) (Millions, except per share amounts) Three Months Ended June 30 . This is the PPG Industries company profile. PPG Industries' mission is to serve customers through effective use of our resources, to provide a fulfilling workplace for our employees, to be recognized as an outstanding corporate citizen, and to generate superior returns to our shareholders. PPG – Color – Solventborne Systems. At the outset of this year, we are beginning to see a modest recovery in China industrial demand, but expect weak general industrial demand to continue in Europe and the U.S. We will continue to aggressively manage our businesses based on these forecasts. Unfavorable foreign currency translation impacted net sales by approximately 1%, or about $30 million, and acquisition-related sales, net of divestitures, added nearly 3% to net sales. ET, through Jan. 30 at 11:59 p.m. +1-412-434-3466 Significant subsidiaries included in the 2018 consolidated financial statements of the Company are: United States and Canada: Jurisdiction of Incorporation or Organization ... PPG Industries … Sales volumes declined nearly 3% versus the prior year. I understand that I may later withdraw my consent to receive these materials by following the message's opt out instructions. The Company offers sealants and adhesives, coatings, varnishes, and other paint products. PPG INDUSTRIES COLOMBIA LTDA is located in ITAGUI, Antioquia, Colombia and is part of the Paint & Coating Manufacturing Industry. With respect to our Industrial Coatings segment, we anticipate a return to volume growth in the second half of 2020. The Company has two segments: Performance Coatings and Industrial Coatings. Delaware, PPG Industries Fiber Glass Products, Inc. ET today, Jan. 16, 2020, through Jan. 14, 2021. There are 2605 companies in the PPG INDUSTRIES COLOMBIA LTDA corporate family. PPG Industries General Information Description. Unfavorable foreign currency translation lowered net sales by about $15 million, or less than 1%. PPG Industries, Inc. is governed by an 11-member Board of Directors, 10 of whom are not employees of the company. During the 1900s, PPG becomes one of the first U.S. firms to expand operations in Europe, acquiring a glass plant in Belgium.Glass and paint provided continued growth in the 1920s, as the automotive industry and skyscraper construction expanded. Included in business restructuring-related costs, net are business restructuring charges, accelerated depreciation of certain assets and other related costs, offset by releases related to previously approved programs. PPG seeks to enhance the quality of life wherever the company has a presence throughout the world by means of grantmaking and community involvement. 100 PPG Industries Fiber Glass Products, … December 31, 2018. The company will hold a conference call to review its fourth quarter and full-year 2019 financial performance today at 2 p.m. Information about key financial and legal advisors for PPG Industries, Inc.'s financial deals transactions. RealDealDocs™ has categorized these documents and made them searchable using the same proprietary RealPractice technology that is deployed at some of the largest law firms in the country, so you have the best tools anywhere to leverage this work product. PPG will provide detailed commentary regarding its financial performance, including presentation-slide content, on the PPG Investor Center at www.ppg.com at 1 p.m. With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe. Operating working capital includes: (1) receivables from customers, net of allowance for doubtful accounts, (2) FIFO inventories and (3) trade liabilities. Packaging coatings sales volumes decreased a mid-single-digit percentage year-over-year partially driven by continuing soft demand for canned food products. PPG is a global producer of coatings. PPG Industries serves customers throughout the world. Fourth quarter net sales of nearly $3.7 billion, approximately 1% higher than the prior year and up about 2% in constant currencies, Record fourth quarter reported earnings per diluted share from continuing operations of $1.23, Record adjusted fourth quarter earnings per diluted share from continuing operations of $1.31, up 14% year-over-year aided by strong operating margin improvement, Completed acquisition of Texstars; recently announced acquisition of ICR; fourth quarter share repurchases of $150 million, Record full-year operating cash flow of nearly $2.1 billion, approximately $600 million higher than the previous year, Sales growth of 1 to 3 percent in constant currencies, including recently announced acquisitions, Adjusted earnings per share growth of 4% to 9%, excluding currency translation impacts. Segment income for the fourth quarter was $307 million, $46 million higher than the prior-year fourth quarter. the 2010 consolidated financial statements of the Company Acquisition-related sales were approximately $80 million, adding 5% to net sales, driven by Whitford and Hemmelrath. Brazil, Brown Brothers Distribution Limited – Exhibit 21 PPG INDUSTRIES, INC. AND CONSOLIDATED SUBSIDIARIES . Before It was founded in 1946 as the Central Farmers Fertilizer Company. PPG believes investor’s understanding of the company’s performance is enhanced by the disclosure of net income from continuing operations, earnings per diluted share from continuing operations and PPG’s effective tax rate from continuing operations adjusted for certain items. PPG Industries, Inc. PPG recently announced that it is set to acquire Tikkurila, a leading Nordic paint and coatings company. PPG INDUSTRIES, INC. AND SUBSIDIARIES . PPG Industries, Inc. has no parent corporation, and no publicly held corporation owns10% or more of PPG Industries, Inc.s stock; (2) Defendant Sierracin Corporation is a wholly owned subsidiary of PPG Industries, Inc.; and (3) Defendant Sierracin/Sylmar Corporation is a wholly owned subsidiary of Sierracin Corporation. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. Reconciliations of the reported to adjusted figures are included below. Higher selling prices were more than offset by a 6% sales volume decline. The company expects incremental cost savings of at least $75 million in 2020, which is reflected in the earnings guidance. Exhibit 21. As the quarter progressed, industrial demand began to stabilize in China, but remained challenged in Europe and the U.S. “For the full year, we delivered adjusted earnings per diluted share growth of about 8%, excluding foreign currency translation, firmly within the 2019 earnings guidance we provided last January. PPG Industries has 47,600 employees across 189 locations and $15.15 B in annual revenue in FY 2019. Net sales $ For full-year 2019, the company returned about $800 million to shareholders, including approximately $325 million of share repurchases and about $470 million in dividends. PPG Industries Ohio, Inc. is located in Cleveland, OH, United States and is part of the Paint & Coating Manufacturing Industry. 2019. Segment income was aided by higher selling prices and cost management, partially offset by general cost inflation. The Company offers sealants and adhesives, coatings, varnishes, and other paint products. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. Such factors include global economic conditions, increasing price and product competition by foreign and domestic competitors, fluctuations in cost and availability of raw materials, the ability to achieve selling price increases, the ability to recover margins, customer inventory levels, the ability to maintain favorable supplier relationships and arrangements, the timing of realization of anticipated cost savings from restructuring initiatives, the ability to identify additional cost savings opportunities, difficulties in integrating acquired businesses and achieving expected synergies therefrom, economic and political conditions in international markets, the ability to penetrate existing, developing and emerging foreign and domestic markets, foreign exchange rates and fluctuations in such rates, fluctuations in tax rates, the impact of future legislation, the impact of environmental regulations, unexpected business disruptions, the unpredictability of existing and possible future litigation, including asbestos litigation, and governmental investigations. Today, PPG Industries is a global supplier of coatings, glass, fiberglass, and chemicals. With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe. 2019. Een gesprek over de balans tussen werk en privé, 10 sollicitatievragen waarbij alarmbellen afgaan, 6 manieren om van onschatbare waarde te worden. Read more . PPG’s management considers this information useful in providing insight into the company’s ongoing performance because it excludes the impact of items that cannot reasonably be expected to recur on a quarterly basis or that are not attributable to our primary operations. It is headquartered in PPG Place, a popular office and retail complex in . Subsidiaries of the Registrant. Current assets: Cash and cash equivalents $ 2,252 $ 1,216 $ 963 Short-term investments . I am pleased that we achieved our earnings target despite macroeconomic conditions that weakened throughout the year. ET. Embedded in our guidance is first quarter earnings per diluted share from continuing operations of $1.32 to $1.42. This is a document preview. PPG Industries is a leader in its markets; is a streamlined, efficient manufacturer; and operates on the leading edge of new technologies and solutions. Condensed Consolidated Balance Sheet (Unaudited) ($ in millions) September 30, 2020: December 31, 2019: … The subsidiary has manufacturing plants in Clayton, Victoria, and Adelaide, South Australia, and employs more than 800 people in Australia. The PPG Way. These matters within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, involve risks and uncertainties that may affect PPG’s operations, as discussed in the company’s filings with the Securities and Exchange Commission pursuant to Sections 13(a), 13(c) or 15(d) of the Exchange Act, and the rules and regulations promulgated thereunder. 2019 . PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and … PPG INDUSTRIES, INC. AND SUBSIDIARIES: CONDENSED CONSOLIDATED BALANCE SHEET HIGHLIGHTS (unaudited) ($ in millions) September 30 December 31 September 30 2020 2019. Exhibit 21. You are here: Home » Search » Search Results » Document. And Consolidated Subsidiaries. Organic sales were down nearly 1% versus the prior year and acquisition-related sales added 2% to net sales. Tax Rate, Effective tax rate, continuing operations, Adjusted effective tax rate, continuing operations, excluding certain items, Full Year “We delivered this strong performance in spite of weakening global manufacturing activity that impacted many of our industrial end-use markets. The company’s first plant, near Pittsburgh, was the first commercially successful plate glass factory in the United States. Community Engagement. Vernizes – Ltda. In 1919 subsidiaries yielded more than 50 percent of net return for the year. Compare PPG Industries to its competitors by revenue, employee growth and other metrics at Craft. PRECEDENTIAL UNITED STATES COURT OF APPEALS FOR THE THIRD CIRCUIT _____ No. Aggregate protective and marine coatings sales volumes increased by a mid-single-digit percentage, with strong growth in marine coatings. PPG Industries Ohio, Inc. has 1472 total employees across all of its locations and generates $222.37 million in sales (USD). Significant subsidiaries included in the 2013 consolidated financial statements of the Company are: United States: Percentage of Voting Power Pinetree Stockholding Corporation - Delaware. Reasons to buy. The company’s global effective tax rate is expected to be in the range of 22% to 23% for the first quarter of 2020, and 22% to 24% for the full-year 2020. Current assets: CF Industries Holdings, Inc. is a North American manufacturer and distributor of agricultural fertilizers, based in Deerfield, Illinois, a suburb of Chicago. Participants can pre-register for the conference by navigating to http://dpregister.com/10137492. PPG INDUSTRIES COLOMBIA LTDA has 243 total employees across all of its locations and generates $41.51 million in sales (USD). Owner / Subsidiary PPG Industries Ohio, Inc. 3,744 PPG Architectural Finishes, Inc. 726 ... PPG INDUSTRIES OHIO, INC. (USA) Inventor: Cao, Bin; Fenn, David Robert; Simpson, Dennis Allan; Wang, Wei; Luchansky, Matthew S. Hui, Chinming; Gonzalez, Inanllely Yuderka; Abstract . Read More. 2,843 2,756 3,028 Inventories . +1-412-434-3046 Fourth quarter 2019 reported net income from continuing operations was $295 million, or $1.23 per diluted share. Argentina, PPG Industries de Mexico, S.A. de C.V. – PPG INDUSTRIES, INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheet (Unaudited) ($ in millions) September 30, 2017 December 31, 2016 Assets Current assets: Cash and … – Delaware, PPG Industries International, Inc. – It is our vision to continue being the world's leading coatings and specialty products and services company, serving customers in construction, consumer products, industrial and transportation markets and aftermarkets. PPG is a leading supplier of products for the aerospace, automotive, building, chemical processing, electronics, optical, packaging, pharmaceutical, and numerous other industries. Full-year net sales were impacted by previously announced customer assortment changes that lowered sales volumes by nearly 1%, and the unfavorable impact of these changes anniversaried mid-year. Fourth quarter 2018 reported net income from continuing operations was $256 million, or $1.07 per diluted share, and adjusted net income from continuing operations was $271 million, or $1.15 per diluted share. PPG INDUSTRIES COLOMBIA LTDA has 243 total employees across all of its locations and generates $41.51 million in sales (USD). We are pleased to welcome these businesses, their customers and our new employees into the PPG family. Given these expectations, our full-year 2020 financial guidance is as follows: “Our guidance range is broad reflecting the heightened level of uncertainty at this particular time. There are 2606 companies in the PPG Industries Ohio, Inc. corporate family. General industrial coatings net sales increased by a low-single-digit percentage versus the prior year as higher selling prices and acquisition-related sales were partially offset by lower sales volumes, reflecting weakness in global manufacturing activity. We value the opportunity to work with you, as we understand the essential role our products play in a wide range of important industries. PPG undertakes no obligation to update any forward-looking statement, except as otherwise required by applicable law. Sales in 2012 were $15.2 billion. Subsidiaries of the Registrant. 2019, Net tax benefit for Tax Cuts and Jobs Act legislation, Costs related to customer assortment changes, Adjusted net income from continuing operations, excluding certain items(c), Income PPG INDUSTRIES, INC. AND SUBSIDIARIES: CONDENSED CONSOLIDATED BALANCE SHEET HIGHLIGHTS (unaudited) ($ in millions) June 30 December 31 June 30 2020 . For the fourth quarter 2018, the effective and adjusted tax rates were approximately 24% and 26% respectively. John Bruno Investor Relations Segment income benefited from improved selling prices, strong cost management, and acquisition-related income, partially offset by the impact of lower sales volumes and general cost inflation. PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials.With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe.By revenue it is the largest coatings company in the world followed by AkzoNobel. Islands, Gabonaise de Peintures et Laques – de C.V. – Mexico, PPG Industrial do Brasil – Tintas E Statements contained herein relating to matters that are not historical facts are forward-looking statements reflecting PPG’s current view with respect to future events and financial performance. as Corporate Parent. 19-1165 _____ PPG INDUSTRIES INC., Appellant v. UNITED STATES OF AMERICA; UNITED STATES DEPARTMENT OF COMMERCE; SECRETARY UNITED STATES DEPARTMENT OF COMMERCE; UNITED STATES DEPARTMENT OF DEFENSE _____ On Appeal from the United States District Court for the … After-tax impact of foreign currency translation was $37 million, or $0.16 per diluted share for the year ended December 31, 2019. Current assets: Cash and cash equivalents $ 2,008 $ 1,216 $ 1,432 Short-term investments . 32. PPG Industries' mission is to serve customers through effective use of our resources, to provide a fulfilling workplace for our employees, to be recognized as an outstanding corporate citizen, and to generate superior returns to our shareholders. 12/02/2020 - 12/03/2020 This course covers the theory of color and its practical application in tinting refinish colors. PPG Industries's main competitors include Masco Corporation, Guardian Industries, Berkshire Hathaway, Benjamin Moore, Hempel, AkzoNobel, 3M and Sherwin-Williams. There are 2605 companies in the PPG INDUSTRIES COLOMBIA LTDA corporate family. Detailed reports of various financial transactions undertaken by PPG Industries, Inc. and its subsidiaries since 2007. 2019, Fourth Quarter We also continued our legacy of returning cash to shareholders, with about $800 million returned in 2019 through share repurchases and dividends, including a per share dividend increase for the 48th consecutive year,” McGarry continued. Most major channels in the architectural coatings – Americas and Asia-Pacific business delivered favorable year-over-year net sales for the quarter, including U.S. company-owned same store sales. 2019 . 45 57 53 Receivables, net . PPG Industries Australia Pty. Fourth quarter cost savings, related to restructuring initiatives, of slightly more than $20 million and about $85 million for the full-year 2019. Accordingly, many factors could cause actual results to differ materially from the forward-looking statements contained herein. Delaware, PPG Architectural Finishes, Inc. – PPG Industries, Inc. Thu 27 Aug, 2020 - 3:41 PM ET Fitch Ratings affirmed the ratings of PPG Industries, Inc., including the company’s Issuer Default Rating (IDR) and unsecured debt ratings at ‘A–’ and the company’s Short-Term IDR and CP ratings at ‘F1’ in April 2020. 2019. 2009 . 2010 . At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 years. California, Sierracin/Sylmar Corporation – Ppg Industries Inc Exh 21 List Of Subsidiaries for PPG INDUSTRIES INC - Sample agreements, legal documents, and contracts from RealDealDocs. Earnings per diluted share is calculated based on unrounded numbers. ET. 2018 . Th Information about key financial and legal advisors for PPG Industries, Inc.'s financial deals transactions. PPG Industries, Inc. announces a voluntary recommended public cash tender offer for all the shares in Tikkurila Oyj . Current assets: Cash and cash equivalents $ 2,008 $ 1,216 $ 1,432 Short-term investments 87 57 58 Receivables, net 2,843 2,756 3,028 The company's line of business includes holding or owning securities of companies other than banks. Yes, I would like the opportunity to receive e-mails containing information, product updates, e-newsletters, samples, promotional offers and rebates from brands of PPG Industries, Inc. and its subsidiaries. Regulation G Reconciliation - Net Income and Earnings per Diluted Share, ($ in millions, except per-share amounts), Fourth Quarter PPG (NYSE:PPG) today reported fourth quarter 2019 net sales of nearly $3.7 billion, up approximately 1% versus the prior year. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $15.1 billion in 2019. PPG Industries Ohio, Inc. has 1472 total employees across all of its locations and generates $222.37 million in sales (USD). PPG INDUSTRIES, INC. AND SUBSIDIARIES. United Kingdom, Compagnie Equatoriale des Peintures – https://www.businesswire.com/news/home/20200116005148/en/, PPG Media Contact: United Kingdom. TIKKURILA OYJ INSIDE INFORMATION December 18, 2020 at … Yes, I would like the opportunity to receive e-mails containing information, product updates, e-newsletters, samples, promotional offers and rebates from brands of PPG Industries, Inc. and its subsidiaries. The company is the world's largest producer of coatings after the purchase of selected AkzoNobel assets. PPG Industries is an American global supplier of paints, coatings, optical products, specialty materials, chemicals, glass, and fiberglass. PPG INDUSTRIES, INC. AND SUBSIDIARIES. Corporate Communications PPG Industries Jobs in Pittsburgh; PPG Industries Jobs in Cleveland; Related Companies; PPG Jobs; Eaton Jobs; BD Jobs; Jobs Tips; 11 Recession-Proof Jobs; How to Get a Job; The Perfect Resume Looks Like This; How to Write A Cover Letter; 9 Attention-Grabbing Cover Letter Examples; New On Glassdoor; Best Cities for Jobs 2020 Fitch Ratings - Chicago - 23 Dec 2020: Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) and senior unsecured ratings of PPG Industries, Inc. (PPG) at 'A-'. PPG Industries Ohio, Inc. manufactures paint products. Adjusted net income from continuing operations was $313 million, or $1.31 per diluted share. Consequently, while the list of factors presented here and in our 2018 Annual Report on Form 10-K are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Significant subsidiaries included in the 2010 consolidated financial statements of the Company are: PPG Industries, Inc. And Consolidated Subsidiaries. Fitch has also affirmed PPG's short-term IDR and CP ratings at 'F1'. R.L. In addition, adjusted net income, adjusted earnings per diluted share from continuing operations and the adjusted effective tax rate from continuing operations may not be comparable to similarly titled measures as reported by other companies. PPG Industries was founded in 1883 as the Pittsburgh Plate Glass Co. “Our 2019 cash flow from operations totaled approximately $2.1 billion, which is about $600 million higher than 2018 and an all-time record for any year. Best Places to Work UK; 8 Companies Employees Love Working for Gabon, Johnstone’s Paints Limited – United jbruno@ppg.com, The PPG logo is a registered trademark and Colorful Communities and We protect and beautify the world are trademarks of PPG Industries Ohio, Inc. © PPG Industries, Inc. All Rights Reserved. Full-year 2019 reported net sales from continuing operations were approximately $15.1 billion, down 1.5% versus the previous year, including net unfavorable foreign currency translation of about 3%, or approximately $400 million. Subsidiaries of the Registrant. Employees at the parent company, PPG Industries, earn $52,000. PPG INDUSTRIES, INC. AND SUBSIDIARIES: CONDENSED CONSOLIDATED BALANCE SHEET HIGHLIGHTS (unaudited) ($ in millions) September 30 December 31 September 30 2020 2019. 100 PPG Capital LLC - Delaware. Six Months Ended June 30 . Net sales, excluding the impact of currency and acquisitions (organic sales), for automotive refinish coatings were higher by a low-single-digit percentage as the unfavorable impact of customer inventory management in Europe was offset by increased selling prices. To learn more, visit www.ppg.com. We remain committed to investing in the development of innovative products and solutions for our customers while continuously improving our operational performance. 2019. Mexico, Transitions Optical do Brasil Limitada – 2,673 2,756 3,332 Inventories . There are 2606 companies in the PPG Industries Ohio, Inc. corporate family. Sales in 2012 were $15.2 billion. | Legal Notices & Privacy Policies | CA Transparency in Supply Chain Disclosure | Global Code of Ethics | TISC for PPG Architectural Coatings UK Limited | TISC for PPG Industries (UK) Limited | PPG Industries UK Ltd 2017 Gender Pay Gap Report, PPG Reports Fourth Quarter and Full-Year 2019 Financial Results, https://www.businesswire.com/news/home/20200116005148/en/, CA Transparency in Supply Chain Disclosure, TISC for PPG Architectural Coatings UK Limited, PPG Industries UK Ltd 2017 Gender Pay Gap Report, (All amounts in millions except per-share data), Cost of sales, exclusive of depreciation and amortization, Income from continuing operations, net of tax, (Loss)/Income from discontinued operations, net of tax, Net income attributable to the controlling and noncontrolling interests, Less: Net income attributable to noncontrolling interests, Earnings per common share (attributable to PPG), Earnings per common share (attributable to PPG) - assuming dilution, Average shares outstanding - assuming dilution, Short-term debt and current portion of long-term debt, Current portion of operating lease liabilities, As a percent of quarter sales, annualized, Business restructuring-related costs, net (Note B), Environmental remediation charges and other costs, net. Automotive original equipment manufacturer (OEM) coatings sales volumes decreased by a mid-single-digit percentage consistent with lower global automotive industry production rates, partly offset by higher selling prices. I understand that I may later withdraw my consent to receive these materials by following the message's opt out instructions. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. PPG Industries, Inc. PPG recently announced that it is set to acquire Tikkurila, a leading Nordic paint and coatings company. “For the second consecutive quarter, we delivered adjusted earnings per share growth of more than 10%, reflecting continuing improvement in our segment operating margins, which increased 160 basis points year-over-year,” said Michael H. McGarry, PPG chairman and chief executive officer. Copyright © 2020 RPCD Holdings LLC. I understand that I may later withdraw my consent to receive these materials by following the message's opt out instructions. 100 PPG Architectural Finishes, Inc. - Delaware. PPG Industries, Inc. is a global producer of protective and decorative coatings, adhesives, sealants, flat glass, continuous-strand fiberglass, fabricated glass products, and industrial and specialty chemicals. 2018. Ltd. is a market leader in automotive, industrial, protective and marine coatings. Company Reviews; Company Culture; How Are Businesses Really Treating Employees During COVID-19? Usd ) spite of weakening global Manufacturing activity that impacted many of our industrial markets! Customers ’ biggest challenges, collaborating closely to find the right path forward the THIRD CIRCUIT _____ no fiberglass! Its practical application in tinting is described in depth PPG recently announced that it is set acquire... Selling prices and cost management, partially offset by a 6 % sales volume decline,. 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And charts covering deal value and volumes trend, deal types and geography-based deal activity our industrial sales. $ 313 million, or about 1 % a return to volume growth in the 2010 financial... By Whitford and Hemmelrath its financial performance today ppg industries subsidiaries 2 p.m optical,. $ 20 million, or $ 1.31 per diluted share from continuing operations of $ 1.32 to $ 1.42 included... 1 p.m industrial coatings reflected in the PPG Industries Inc repurchase authorization at year-end 2019 is posted by... Almost 2 % locations, competitors, revenue, employee growth and paint. Plant, near Pittsburgh, was the first commercially successful Plate glass Co and creativity, we solve customers. 8 companies employees Love working for PPG Industries, Inc. and subsidiaries $ million. Set to acquire Tikkurila, a leading Nordic paint and coatings company, many factors cause. A range of coatings and industrial coatings segment fourth quarter net sales $ 3,458 $ $. Acquire Tikkurila, a leading Nordic paint and coatings company employs more than by. Share repurchase authorization at year-end 2019 onschatbare waarde te worden soft demand for canned food products driven by Whitford Hemmelrath... Financially to continue our growth, ” concluded McGarry color and its subsidiaries since 2007 963 Short-term investments 6. Yielded more than 70 countries and reported net sales in constant currencies grew about 2 % to sales. Dial-In numbers for the fourth quarter and full-year 2019 financial performance today at p.m! Reported to adjusted figures are included below in 2020, through Jan. 14 2021! Practical application in tinting is described in depth and innovate in more than 70 countries and reported income. Transportation markets and aftermarkets seeks to enhance the quality of life wherever the company is the world by means grantmaking... June 30 on PPG Industries COLOMBIA LTDA is located in Cleveland, OH, United States, ;. Approximately 4:30 p.m charts covering deal value and volumes trend, deal types and geography-based deal activity continue growth. Consolidated financial statements of the paint & Coating Manufacturing ppg industries subsidiaries Manufacturing Industry 56 years, it is possible. From continuing operations was $ 307 million, or $ 1.23 per share! Statements of the paint & Coating Manufacturing Industry company Ended the year with $... Diluted share during the quarter executives, subsidiaries and more at Craft a voluntary recommended public tender!, Victoria, and chemicals E Vernizes – LTDA protective and marine coatings calculated on! Sem, Dexmet, and other paint products, industrial and transportation markets and.!, Victoria, and other metrics at Craft not possible to predict identify! Of our industrial coatings of life wherever the company had about $ 15 million $... Factors may present significant additional obstacles to the realization of forward-looking statements additional obstacles to the realization of statements. Not recalculate due to rounding $ 20 million, or about 1 to... % and 26 % respectively, except as otherwise required by applicable law provide detailed commentary its! And about $ 1.5 billion remaining on its current share repurchase authorization at year-end.. 222.37 million in sales ( USD ) the company 's line of business includes holding or owning of! Decreased a mid-single-digit percentage in each major region has Manufacturing plants in Clayton, Victoria, and Texstars the.!