PPG to lay off 1,800 employees
PPG to lay off 1,800 employees as paints and coatings maker looks to cut costs
PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs, with the paints and coatings maker also inking a deal to sell a sizeable chunk of its architectural business.
PPG to Cut 1,800 Jobs, Shrink Costs With Sale of Architectural-Coatings Biz
PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.
Pittsburgh-based paints and coatings maker to lay off 1,800 employees
A Pennsylvania-based paints and coatings maker is laying off about 1,800 employees. PPG Industries, headquartered in Pittsburgh, announced the plans last week. It said the layoffs are an effort to cut costs. The job cuts will mostly be in the U.S. and Europe. The company didn't disclose when the cuts would happen.
Pa.-based paint company to lay off 1,800 workers
The company said that the bulk of the layoffs, which are part of an effort to cut costs, would largely take place in the U.S. and Europe.
PPG to lay off 1,800 employees, close plants and sell $2 billion business
PPG Industries Inc. said Thursday it plans to cut about 1,800 positions and close an unspecified number of plants under a cost-reduction plan it disclosed while announcing a deal to sell its $2 billion architectural coatings business.
Major paint company to lay off 1,800 workers, close facilities
The company is cutting nearly 2,000 jobs in the U.S. and Europe as it undergoes a comprehensive cost reduction program. It's also selling its architectural business.
PPG Industries (PPG) Receives a Hold from Barclays
Barclays analyst Michael Leithead maintained a Hold rating on PPG Industries (PPG – Research Report) today and set a price target of ...
PPG is selling architectural coatings business in U.S., Canada; 1,800 job cuts
PPG (NYSE:PPG) on Thursday said it agreed to sell its architectural-coatings business in the United States and Canada for ...
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PPG to divest US and Canada architectural coatings business
The sale is forecast enhance the company’s portfolio by strengthening its organic growth and financial returns.
PPG Industries (PPG): New Buy Recommendation for This Basic Materials Giant
J.P. Morgan analyst Jeffrey Zekauskas maintained a Buy rating on PPG Industries (PPG – Research Report) on October 17 and set a price ...
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PPG to Sell Architectural Coatings Unit in $550M Deal
Pittsburgh, PA-based paints, coating and specialty materials supplier PPG has agreed to sell its architectural coatings ...
Duke freshman Cooper Flagg joins seniors RJ Davis, Mark Sears, Caleb Love on preseason AP All-America team
Broome (16.5 ppg, 8.5 rpg, 2.2 apg, 2.2 bpg) is a returning third-team All-American and was a first-team All-SEC selection ...
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PPG price target lowered to $155 from $160 at BMO Capital
BMO Capital analyst John McNulty lowered the firm’s price target on PPG (PPG) to $155 from $160 and keeps an Outperform rating on the ...