PPG Industries PPG today announced that it has declared force majeure
on the production of architectural, residential and specialty glass products
for customers located in the western U.S. and Canada because of
unanticipated mechanical production issues at its Fresno, California, flat
glass manufacturing facility. The company has been unable to produce glass
at the facility since Aug. 30. Although PPG is working to resume normal
operations, there is currently no timeline for restoring production of
commercial-grade glass at the facility.
"We are working to solve mechanical issues at the facility that are
prohibiting production and affecting our ability to meet customers' demands
at this time," said Richard Beuke, PPG vice president, flat glass. "PPG is
working diligently to minimize disruptions to our customers by supplying
glass from other manufacturing facilities and bringing the Fresno facility
back into safe operation as soon as possible."
PPG: BRINGING INNOVATION TO THE SURFACE.(TM)
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 color,
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 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.
View source version on businesswire.com:
http://www.businesswire.com/news/home/20150910006805/en/
CONTACT: PPG Industries, Inc.
Media:
Mark Silvey, 412-434-3046
PPG Corporate Communications
silvey@ppg.com
or
Investors:
Scott Minder, 412-434-3466
PPG Investor Relations
sminder@ppg.com
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: News
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in