close
close

PPG cuts capital spending after third-quarter 2015 sales decline, but acquisitions boost profits, industry alert

SUGAR LAND, TX–(Marketwired – October 16, 2015) – Research by Industrial Info Resources (Sugar Land, Texas) – PPG Industries (PPG) (Pittsburgh, Pa.) weathered a sales volume slump in the third quarter of 2015 as the benefits of acquisitions – six this year – helped the coatings maker achieve a new record for third-quarter net income. Industrial Info is tracking $242.64 million in projects involving PPG.

In this article: Details on the quarter and PPG projects, including two major investments at separate coatings plants in China.

For more details, read the full article by subscribing to Industrial Info Premium Industry Newsor check out other breaking industry news at www.industrialinfo.com.

Industrial Info Resources (IIR), headquartered in Sugar Land, Texas, with five offices in North America and 10 international offices, is a leading provider of global market information specializing in industrial process, heavy manufacturing and energy markets. Industrial Info’s quality assurance philosophy, the Living Forward Reporting Principle™, provides up-to-date information on what’s happening now while constantly monitoring future opportunities. To contact an office in your area, visit the “Contact Us” page at www.industrialinfo.com.