| 词条 | PPG Industries | ||||||
| 释义 |
| name = PPG Industries, Inc. | logo = PPG Logo.svg | caption = | type = Public | traded_as = {{unbulleted list|{{nyse|PPG}}|S&P 500 Component}} | predecessor = | successor = | former_names = Pittsburgh Plate Glass Company (1883–1968) | foundation = {{start date and age|1883}} Creighton, Pennsylvania, U.S. | founders = {{unbulleted list|John Baptiste Ford|John Pitcairn Jr.}} | location_city = Pittsburgh, Pennsylvania | location_country = U.S. | locations = | area_served = Worldwide | key_people = Michael H. McGarry (Chairman & CEO) | industry = Chemicals | products = Basic and industrial chemicals, decorative paints, industrial (re)finishing products, coatings | revenue = {{decrease}} US$15.33 billion (2015) | operating_income = {{increase}} US$1.92 billion (2015) | net_income = {{decrease}} US$1.40 billion (2015) | aum = | assets = {{decrease}} US$17.07 billion (2015) | equity = {{decrease}} US$4.98 billion (2015) | owner = | num_employees = 47,200 (2017) | parent = | divisions = | subsid = | homepage = {{URL|www.ppg.com}} | footnotes = }} PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials. With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe. By revenue it is the second largest coatings company in the world after AkzoNobel.[1] It is headquartered in PPG Place, an office and retail complex in downtown Pittsburgh, and is known for its glass facade designed by Philip Johnson. Founding and 20th century{{expand section|date=September 2015}}Pittsburgh Plate Glass Company was founded in 1883 by Captain John Baptiste Ford and John Pitcairn, Jr., at Creighton, Pennsylvania. Based in Creighton, Pennsylvania (about 20 miles north of Pittsburgh along the Allegheny River), PPG soon became the United States' first commercially successful producer of high-quality, thick flat glass using the plate process. PPG was also the world's first plate glass plant to power its furnaces with locally produced natural gas, an innovation which rapidly stimulated widespread industrial use of the cleaner-burning fuel.[2] PPG expanded quickly. By 1900, known as the "Glass Trust", it included 10 plants, had a 65 percent share of the U.S. plate glass market, and had become the nation's second largest producer of paint.[3] Today, known as PPG Industries, the company is a multibillion-dollar, Fortune 500 corporation with 150 manufacturing locations around the world. It now produces coatings, glass, fiberglass, and chemicals.[2] Pitcairn served as a director of PPG from its start, its president from 1897 to 1905, and chairman of the board from 1894 until his death.[4] 20th centuryOn 19 December 1968 the company changed its name to PPG Industries, Inc., to show its diverse offerings. Ditzler Color Company, established in 1902 in Detroit as an automotive color concern, was purchased by Pittsburgh Plate Glass Company (now PPG) in 1928. In the mid-1980s, Cipisa, a Spanish paint company was acquired and renamed PPG Ibérica. The CEO of Cipisa, Pere Nadal Carres became CEO of PPG Ibérica.{{citation needed|date=September 2015}} In 1990 PPG founded Transitions Optical as a joint venture with Essilor.[5] 21st centuryIn October 2000, PPG Industries announced it had agreed to buy Courtaulds Aerospace for $512.5 million.[6] Based in Glendale, California, the aerospace business has annual sales of approximately $US240 million, employs 1,200 people. It manufactures sealants in Glendale, California, US and Shildon, England; coatings and sealants in Mojave, California, US; glazing sealants at Gloucester City, New Jersey, US; and coatings at Gonfreville, France. The business also operates 14 application-support centres in North America, Europe, Africa, Asia and Australia. In 2006, the company rolled out a two-tiered pay system which resulted in massive strikes at union locations across the country. The system, now in place company-wide for non-salaried employees, provides lower rates of pay and fewer benefits to those employed after the roll-out than those employed before the roll-out. In West Virginia, after a bitter five-month strike, the company still refused to eliminate the two tiered system. In Lake Charles, LA, the employment contracts of union employees had to be extended during a strike regarding the two-tiered system.[7] In 2007, the company was involved in a lawsuit on failing to disclose a purchase reduction of its two major auto glass customers.[8] On 2 January 2008, PPG acquired the SigmaKalon Group of companies for $3.2 billion from private investment firm Bain Capital, strongly increasing its paint and specialty coatings business.[9] In 2008, PPG renamed their automotive glass division PGW (Pittsburgh Glass Works) and sold a majority of it to Kohlberg & Company. PPG retained 40% ownership of PGW until March 2016 when they sold their stake to automotive parts salvage company LKQ [10] In 2012, PPG acquired Dyrup A/S, founded in Denmark in 1928 as S. Dyrup & Co A/S by Sigurd Dyrup and Axel Monberg and Ejnar Thorsen of MT Højgaard, some of whose brands are Dyrup, GORI (outdoor woodcare paint), and Bondex. In April 2013, PPG completed the acquisition of AkzoNobel North American architectural coatings business including Glidden, Liquid Nails, and Flood brands.[11] 2013 revenue was US$15.1 billion, while assets were US$15.9 billion.{{citation needed|date=February 2016}} On April 1, 2014, PPG finalized the sale of Transitions Optical to its joint venture partner, Essilor International of France, however, PPG’s technical center in Monroeville will continue to provide research and development services for Transitions.[12][13] On November 5, 2014 PPG closed a deal, to purchase Mexican Consorcio Comex, S.A. de C.V. (“Comex”) for $2.3 billion [14] In April 2015, PPG Industries completed the acquisition of REVOCOAT, a global supplier of sealants.{{citation needed|date=September 2015}} Chuck Bunch remains Executive Chairman, while Michael McGarry serves as President & CEO. In July 2016, PPG announced its sale of the flat glass business to Vitro, a glass manufacturer based in Mexico, for $750 million.[15] In October 2016, Pittsburgh Post-Gazette announced the acquisition of the naming rights to Consol Energy Center by PPG; the facility will be known as PPG Paints Arena.[16] In September 2017, PPG announced the sale of its remaining fiberglass operations to Nippon Electric Glass for $541 million. This was following PPG's 2016 sale of its European fiberglass operations to NEG, and divesting its ownership in two other Asian fiberglass joint ventures.[17] Attempted acquisition of AkzoNobel{{Main|AkzoNobel}}In March 2017, the company launched an unsolicited takeover bid of €20.9 billion, which was promptly rejected by AkzoNobel’s management.[18] Days later, the company launched an increased bid of €24.5 billion ($26.3 billion), which was again rejected by AkzoNobel’s management.[19] A number of shareholders urged AkzoNobel to explore the offer and subsequent negotiations.[20][21] In April, activist investor Elliot Investors called for the removal of the Chairman of Akzo, Antony Burgmans, following Akzo's refusal to enter talks with PPG. Elliott, which has a 3.25% stake in the company, claimed it was one of a group of investors that met the Dutch legal threshold of 10% voting-share support, which is needed to call an extraordinary meeting to vote on a proposal to remove Burgmans.[22] On April 13, Templeton Global Equity said it was among another group of investors calling for an extraordinary meeting of AkzoNobel shareholders to discuss Burgmans' continued tenure as Chairman.[23] Later in the same month Akzo outlined its plan to separate its chemicals division and pay shareholders €1.6 billion in extra dividends, in order to attempt to hold off PPG.[24][25] The new Akzo strategy was dismissed by PPG, which claimed that their offer represented better value for shareholders,[26][27] supported by activist Akzo shareholder Elliot Advisors.[28] On April 24, a day before Akzo's annual meeting of shareholders, PPG increased its final offer by approximately 8% to $28.8 billion (€26.9 billion, €96.75 per share), with Akzo's share price rising 6% to a record of €82.95 per share.[29] Akzo shareholder Columbia Threadneedle Investments urged the company to open dialogue with PPG,[30] whilst PPG claimed that the deal would add to earning within its first year.[31] Great Britain's largest pension scheme investors, Universities Superannuation Scheme (USS), urged Akzo to engage with PPG.[32] On 2 May, Reuters revealed that the supervisory board of Akzo was meeting to discuss how to deal with PPG's third offer, still maintaining it did not value the company highly enough.[33] In early May, Akzo again rejected PPG's bid, citing the deal still undervalues the company, as well as potentially facing antitrust risks, and not addressing other concerns such as "cultural differences". Under Dutch company law, PPG must now decide to either make a formal bid or walk away.[34] In early June PPG chose to abandon pursuit.[35][36] Environmental recordIn November 2010, PPG agreed to remove 700,000 tons of toxic waste from Canal Crossing, a brownfield site in Jersey City, New Jersey where the company operated a chromium processing plant between 1954 and 1963.[37][38][39][40] Stringent standards were agreed to in a federal court settlement.[41] Lime Lake Reclamation Project of PPG Industries in Barberton, Ohio, received special awards in the National Beneficial Use of Biosolids Program from Environmental Protection Agency’s (EPA) region 5 in 1998.{{citation needed|date=September 2015}} In sportsPPG has been involved in sports for numerous years, including being the primary sponsor for the CART Indy car series in the 1980s-1990s. It has also been an associate sponsor with the present day IndyCar Series, and in the Monster Energy NASCAR Cup Series.[42] Since the race's inception in 1994, PPG has sponsored the trophy for the Brickyard 400. On October 4, 2016, it was announced that The Consol Energy Center would be giving up its naming rights, and transferred to PPG, making the arena named the PPG Paints Arena.[43] GallerySee also{{Portal|Pittsburgh}}
References1. ^{{cite web|url=http://www.coatingsworld.com/heaps/view/1788/1/|title=Coatings World|publisher=}} 2. ^1 {{cite web | last = | first = | authorlink = | coauthors = | title = 125 Anniversary | work = | publisher = PPG Industries | year = 2008 | url = http://corporateportal.ppg.com/PPG/OurCompany/125anniversary.htm | doi = | accessdate = Nov 10, 2008|deadurl=yes|archiveurl=https://web.archive.org/web/20081114020712/http://corporateportal.ppg.com/PPG/OurCompany/125anniversary.htm|archivedate=2008-11-14}} 3. ^{{cite web | last = Garrett | first = Jeff | authorlink = | coauthors = | title = Our Local Heritage : Tarentum-Area Glass Companies | work = | publisher = Alle-Kinski Today Online | date = Aug 1, 2006 | url = http://www.alle-kiskitoday.com/articles/2996 | format = | doi = | accessdate = Nov 10, 2008 | deadurl = yes | archiveurl = https://web.archive.org/web/20090108152900/http://www.alle-kiskitoday.com/articles/2996 | archivedate = January 8, 2009 | df = mdy-all }} 4. ^{{cite book | last = Ingham | first = John M. | authorlink = | coauthors = | title = Biographical Dictionary of American Leaders | publisher = Greenwood Publishing Group | year = 1983 | location = | pages = 1101–1102 | url = https://books.google.com/books?id=Chd3aMxXCFQC&pg=PA1102&lpg=PA1102&dq=theodore+pitcairn+bryn+athyn+-elizabeth | doi = | id = | isbn = 0-313-21362-3}} 5. ^{{cite news| url=http://www.post-gazette.com/stories/business/news/ppg-essilor-may-make-transition-670456/ | work=Pittsburgh Post-Gazette | first=Joyce | last=Gannon | title=PPG, Essilor may make transition - 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Pittsburgh Post-Gazette | date=April 1, 2014}} 13. ^http://www.ppg.com/optical/opticalproducts/Pages/default.aspx 14. ^"PPG completes acquisition of Comex" November 5, 2014 15. ^{{cite web|url=https://www.reuters.com/article/us-vitro-ppg-idUSKCN1011V3|title=Mexico's Vitro to buy PPG's flat glass unit for $750 million|date=July 21, 2017|publisher=|via=Reuters}} 16. ^{{cite web|url=http://www.post-gazette.com/business/pittsburgh-company-news/2016/10/04/PPG-to-seek-naming-rights-to-Consol-Energy-Center-pittsburgh/stories/201610040140|title=Consol Energy Center has become PPG Paints Arena|publisher=}} 17. ^{{Cite web|url=http://investor.ppg.com/press-releases/2017/09-05-2017-131038559|title=PPG Completes Sale of Remaining Fiberglass Operations to Nippon Electric Glass|website=investor.ppg.com|language=en|access-date=2018-05-15}} 18. ^{{cite web|url=https://www.ft.com/content/88244784-108e-11e7-a88c-50ba212dce4d|title=Subscribe to read|publisher=}} 19. ^{{cite web|url=http://investor.ppg.com/press-releases/2017/03-22-2017-120859894|title=PPG Makes Revised Proposal to Combine with AkzoNobel|publisher=}} 20. ^{{cite web|url=https://www.telegraph.co.uk/business/2017/03/23/akzonobel-shareholders-turn-heat-dulux-owner-rejected-ppg-takeover/|title=AkzoNobel shareholders turn up the heat on Dulux owner over rejected PPG takeover bid|publisher=}} 21. ^{{cite web|url=http://www.chroniclelive.co.uk/business/business-news/largest-shareholder-big-north-east-12790788|title=Largest shareholder at big North East employer AkzoNobel urges takeover talks|first=Graeme|last=Whitfield|date=24 March 2017|publisher=}} 22. ^{{cite web|url=https://www.bbc.co.uk/news/business-39576544|title=Akzo Nobel faces call to axe chairman amid takeover battle|first=Natalie|last=Sherman|date=12 April 2017|publisher=|via=www.bbc.co.uk}} 23. ^{{cite web|url=http://uk.reuters.com/article/us-akzo-m-a-shareholders-idUKKBN17F132|title=Another Akzo Nobel investor calls for meeting on chairman|first=Reuters|last=Editorial|publisher=}} 24. ^{{cite web|url=http://uk.reuters.com/article/akzo-nobel-ma-ppg-inds-idUKA5N1F9019|title=Akzo Nobel unveils plan to separate chemicals arm, pay special dividend|first=Reuters|last=Editorial|publisher=}} 25. ^{{cite web|url=http://uk.reuters.com/article/uk-akzo-nobel-results-idUKKBN17L0DC|title=Akzo Nobel beats on first quarter operating profit, sees 2017 growth|first=Reuters|last=Editorial|publisher=}} 26. ^{{cite web|url=http://uk.reuters.com/article/uk-akzo-nobel-m-a-proposal-idUKKBN17L1MS|title=PPG Industries says Akzo Nobel's new plan is worse for shareholders|first=Reuters|last=Editorial|publisher=}} 27. ^{{cite web|url=http://uk.reuters.com/article/uk-akzo-nobel-m-a-ppg-inds-idUKKBN17L0J0|title=PPG dismisses Akzo Nobel defence, presses takeover case|first=Toby Sterling and Maiya|last=Keidan|publisher=}} 28. ^{{cite web|url=http://uk.reuters.com/article/uk-hedgefunds-elliott-akzo-idUKKBN17L1P8|title=Elliott calls Akzo Nobel strategic plan 'incomplete'|first=Reuters|last=Editorial|publisher=}} 29. ^{{cite web|url=http://uk.reuters.com/article/uk-akzo-nobel-m-a-ppg-inds-idUKKBN17Q0ZH|title=PPG raises offer for Akzo Nobel to $29 billion|first=Toby|last=Sterling|publisher=}} 30. ^{{cite web|url=http://uk.reuters.com/article/uk-akzo-nobel-m-a-shareholders-idUKKBN17Q1H6|title=Akzo Nobel shareholder Columbia Threadneedle urges talks with PPG|first=Reuters|last=Editorial|publisher=}} 31. ^{{cite web|url=http://uk.reuters.com/article/uk-akzo-nobel-m-a-ppg-ceo-idUKKBN17Q1OT|title=Akzo Nobel purchase would add to earnings in first year - PPG CEO|first=Reuters|last=Editorial|publisher=}} 32. ^{{cite web|url=http://uk.reuters.com/article/uk-akzo-nobel-m-a-uss-idUKKBN17U1AB|title=Akzo Nobel investor USS backs call for PPG talks over revised bid|first=Reuters|last=Editorial|publisher=}} 33. ^{{cite web|url=http://uk.reuters.com/article/uk-akzonobel-m-a-industries-idUKKBN17Y23O|title=Exclusive - Akzo sees latest PPG bid inadequate, weighs options-sources|first=Greg|last=Roumeliotis|publisher=}} 34. ^{{cite web|url=http://uk.reuters.com/article/uk-akzo-nobel-m-a-ppg-inds-idUKKBN1840GD|title=Akzo Nobel declines third takeover proposal from PPG|first=Toby|last=Sterling|publisher=}} 35. ^{{cite web|url=http://uk.reuters.com/article/us-akzo-m-a-ppg-inds-bid-idUKKBN18S6KU|title=How PPG lost its $29.5 billion bet on Dulux paint|first=Pamela|last=Barbaglia|date=|website=reuters.com}} 36. ^{{cite web|url=http://uk.reuters.com/article/uk-akzo-nobel-m-a-ppg-inds-letter-idUKKBN18T23Y|title=Akzo responds to PPG approach after takeover battle ends|first=Toby|last=Sterling|date=|website=reuters.com}} 37. ^{{Cite news | last = McDonald | first = Terrence T. | author-link = | title = More than 50,000 tons of soil removed from chromium site in Jersey City | newspaper = The Jersey Journal | pages = | year = | date = March 6, 2011 | url = http://www.nj.com/hudson/index.ssf/2011/03/more_than_50000_tons_of_soil_r.html | accessdate = | quote = | postscript = {{inconsistent citations}} }} 38. ^{{Cite web | last = Frohling | first = John B. | authorlink = | coauthors = | title = Morris Canal Associates/Proposed Settlement Agreement Between PPG and the City of Jersey City | work = | publisher = www.state.nj.us/Frohling Assoc, LLC | date = April 15, 2009 | url = http://www.state.nj.us/dep/srp/siteinfo/chrome/ppg/Frohling.pdf | format = | doi = | accessdate = }} 39. ^{{Cite news | last = Murray | first = Brian T. | last2 = | first2 = | author2-link = | title = N.J. delays decision on setting stricter limits on carcinogen chromium | newspaper = The Star-Ledger | pages = | year = | date = June 12, 2009 | url = http://www.nj.com/news/index.ssf/2009/06/nj_delays_decision_on_setting.html | accessdate = | quote = | postscript = {{inconsistent citations}} }} 40. ^{{Cite news | last = Arrue | first = Karina L. | author-link = | last2 = | first2 = | author2-link = | title = Jersey City is only New Jersey recipient of $2.3 million in federal grant money to fund planning for 7,000-unit development on 111-acre wasteland currently being cleaned of toxins | newspaper = Jersey Journal | pages = | year = | date = October 21, 2010 | url = http://www.nj.com/news/jjournal/jerseycity/index.ssf?/base/news-11/1287642380197790.xml&coll=3 | accessdate =2011-04-03 | quote = | postscript = {{inconsistent citations}} }} 41. ^{{Cite news | last = Navarro | first = Miyera | author-link = | last2 = | first2 = | author2-link = | title = Better Cleanup Planned at Former Chrome Plant | newspaper = The New York Times | pages = | year = | date = April 5, 2011 | url = https://www.nytimes.com/2011/04/06/nyregion/06chromium.html | accessdate = 2011-04-06 | quote = | postscript = {{inconsistent citations}} }} 42. ^{{Cite web|url=http://www.gettyimages.com/event/dover-international-speedway-day-1-145514698#paul-menard-driver-of-the-menardsppg-chevrolet-practices-for-the-picture-id145545077|title=Dover International Speedway - Day 1 Photos and Images {{!}} Getty Images|website=www.gettyimages.com|access-date=2016-10-04}} 43. ^{{Cite web|url=http://www.post-gazette.com/business/pittsburgh-company-news/2016/10/04/PPG-to-seek-naming-rights-to-Consol-Energy-Center-pittsburgh/stories/201610040140|title=PPG to acquire naming rights to Consol Energy Center|access-date=2016-10-04}} External links{{Commons category|PPG Industries}}
| name = PPG Industries | symbol = PPG | sec_cik = PPG | yahoo = PPG | google = PPG }}
9 : PPG Industries|Chemical companies of the United States|Glassmaking companies of the United States|Paint and coatings companies of the United States|Manufacturing companies based in Pittsburgh|Multinational companies headquartered in the United States|Manufacturing companies established in 1883|1883 establishments in Pennsylvania|Companies listed on the New York Stock Exchange |
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