PPG Completes $3.8 Million Expansion of Valladolid, Spain, Coatings Plant
By Business Wire News
By Business Wire News
PPG Industries (NYSE:PPG) today announced the completion of a $3.8 million expansion at its coatings manufacturing facility in Laguna de Duero, Valladolid, Spain. The investment provides new, state-of-the-art, mixing and blending equipment at the facility that will support an 80 percent increase in annual production capacity of coatings for automotive parts and industrial applications.
“With strong growth in the automotive industry, the expansion of the Valladolid facility and increased production capacity demonstrate PPG’s long-term commitment to supporting its automotive customers in Europe,” said Jean-Marie Greindl, PPG vice president, automotive original equipment manufacturer (OEM) coatings, Europe, Middle East and Africa (EMEA), and president, PPG EMEA.
“The expansion leverages PPG’s technical and colour expertise to create a centre of excellence in Valladolid where we will use innovative manufacturing technologies to continue delivering the high-quality coatings our customers across Europe have come to expect,” said Miguel Ángel Juárez, plant manager for the PPG manufacturing facilities in Valladolid and Valencia.
The additional capacity will enable PPG to meet increasing demand for its automotive coatings by manufacturers in the region. The investment funded development of the company’s first full dispense manufacturing cell, which automates coatings formulas for better product consistency, shorter production-cycle times and shorter lead times for customers. The Valladolid facility employs about 200 people.
PPG: BRINGING INNOVATION TO THE SURFACE.™
PPG Industries’ vision is to be the world’s leading coatings company by consistently delivering high-quality, innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings. Through leadership in innovation, sustainability and colour, PPG provides added value to customers in construction, consumer products, industrial and transportation markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in more than 70 countries around the world. Reported net sales in 2014 were $15.4 billion. PPG shares are traded on the New York Stock Exchange (symbol:PPG). For more information, visit www.ppg.com and follow @PPGIndustries on Twitter.
Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.
PPG Industries, Inc.
Ken Armistead, +44 1924 354848
PPG Corporate Communications, EMEA
Mark Silvey, 412-434-3046
PPG Corporate Communications
Scott Minder, 412-434-3466
PPG Investor Relations