financetom
Business
financetom
/
Business
/
PPG Industries to Invest $380 Million in new Manufacturing Facility
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PPG Industries to Invest $380 Million in new Manufacturing Facility
May 26, 2025 4:17 AM

11:13 AM EDT, 05/08/2025 (MT Newswires) -- PPG Industries ( PPG ) said Thursday that it is investing $380 million in a new aerospace coatings and sealants manufacturing facility.

The plant will be located on a 62-acre site in Shelby, North Carolina, and construction will begin in October with projected completion in the first half of 2027, according to the company.

The facility is expected to add 110 jobs and will produce full line of PPG's aerospace coatings and sealants.

Shares of the company were up 1.6% in recent trading.

Price: 108.37, Change: +1.61, Percent Change: +1.51

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
McDonald's Insider Sold Shares Worth $1,917,960, According to a Recent SEC Filing
McDonald's Insider Sold Shares Worth $1,917,960, According to a Recent SEC Filing
May 26, 2025
03:50 PM EDT, 05/22/2025 (MT Newswires) -- Manuel JM Steijaert, Executive Vice President, President, International Operated Markets, on May 20, 2025, sold 6,000 shares in McDonald's (MCD) for $1,917,960. Following the Form 4 filing with the SEC, Steijaert has control over a total of 4,606 common shares of the company, with 4,606 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/63908/000156761925000320/xslF345X05/form4.xml Price: 315.13,...
Market Chatter: Apple Looks to Launch Smart Glasses by 2026-end; Pauses Smartwatch With Camera Plans
Market Chatter: Apple Looks to Launch Smart Glasses by 2026-end; Pauses Smartwatch With Camera Plans
May 26, 2025
03:49 PM EDT, 05/22/2025 (MT Newswires) -- Apple ( AAPL ) is planning to launch its smart glasses, a rival to Meta Platforms' ( META ) Ray-Bans, by the end of 2026, Bloomberg reported Thursday, citing people familiar with the matter. The technology company has paused the development of a smartwatch, which was envisioned to have a built-in camera for...
EU-Mexico trade deal could be finalized before year-end, Italy's Tajani says
EU-Mexico trade deal could be finalized before year-end, Italy's Tajani says
May 26, 2025
MEXICO CITY (Reuters) -A long-stalled free trade agreement between the European Union and Mexico could be signed by the end of the year, Italian Foreign Minister Antonio Tajani said on Thursday. Yesterday I spoke with (European Commission President Ursula) von der Leyen and (European Trade Commissioner Maros) Sefcovic about the agreement, Tajani said. I think it's time to move forward....
Copyright 2023-2026 - www.financetom.com All Rights Reserved