Business & Industry
Jul 1, 2015
Colouring the world
PPG Industries was founded in 1883 when Capt. John B. Ford and John Pitcairn started the first commercially successful plate glass factory in the United States at Creighton, Pa. Known as the Pittsburgh Plate Glass Co., the enterprise focused on innovation and quality. 132 years later, PPG Industries is still dedicated to these priorities.
During the company's first decade, its flat glass production expanded rapidly through new facilities and acquisitions. In 1899, the business diversified with the construction of an alkali plant in Barberton, Ohio, to supply raw materials for glassmaking – the precursor to PPG's chemicals businesses. A year later, PPG started building its coatings business by acquiring an interest in Wisconsin-based Patton Paint Co. which proved a good fit for the company because paint and glass products typically reach the customers through the same distribution channels.
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.
As time passed by, PPG moved onto other areas of business, like plastics, industrial paints and coatings, never forgeting its roots.
PPG continues to accelerate the pace of its business portfolio transformation and to grow its position as the leading global coatings and specialty products company.
In January 2013, the company successfully separated its chlor-alkali and derivatives business and then merged its wholly-owned subsidiary Eagle Spinco Inc., the entity holding the former chlor-alkali and derivatives business, with a subsidiary of Georgia Gulf Corporation. The combined company formed by this transaction is named Axiall Corporation.
Also, PPG closed the second-largest acquisition in its history – of the North American architectural coatings business of AkzoNobel – in the first half of 2013. This acquisition has expanded PPG's customer reach in the U.S., Canada and the Caribbean; it has also made PPG the largest coatings company worldwide. With 2011 revenues of about USD$1.5 billion, the acquired business includes leading brands such as GLIDDEN, FLOOD, LIQUID NAILS, SICO and CIL, and PPG will license the DULUX and DEVOE architectural coatings brands and the SIKKENS architectural wood products brand.
1 PPG Pl
Pittsburgh, PA, 15272 United States
+1 (412) 434-3131