PPG automotive glass, services business to be named Pittsburgh Glass Works
New name capitalizes on heritage of businessPITTSBURGH, July 29, 2008 –
PPG Industries’ (NYSE:PPG) automotive glass and services business, which is under contract to be sold to a new company being formed by Kohlberg & Co., LLC, Mount Kisco, N.Y., and PPG, will begin using the name “Pittsburgh Glass Works,” effective Aug. 1, 2008. The newly-formed business will continue using the name following closure of the transaction with Kohlberg & Co. that is expected in the third quarter of this year.
“Pittsburgh is well known in the global automotive industry as a manufacturing and technology center,” said Frank Archinaco, who continues as president and chief executive officer of Pittsburgh Glass Works.
“The name ‘Pittsburgh Glass Works’ captures the essence of our corporate culture,” Archinaco added. “It builds on the image and heritage that Pittsburgh was the center of glassmaking – even before PPG’s establishment in the industry. Keeping the word ‘glass’ and incorporating ‘works’ into our name not only conveys our desire to maintain a tradition within the glass industry, but also communicates to our customers our formidable work ethic, strong values and intent to deliver the solutions they need.”
According to Dick Heilman, director of marketing and strategic growth for Pittsburgh Glass Works, “Customers will begin seeing trademark changes on some products late this summer, with the full transition, including facility and mobile fleet signage, likely to take more than a year to complete.”About Pittsburgh Glass Works
Pittsburgh Glass Works (PGW), a unit of PPG Industries, supplies original-equipment-manufacturer windshields, rear and side windows, sunroofs and assemblies to auto and truck manufacturers, and it supplies and distributes replacement automotive glass products for use in the aftermarket. It also provides insurance claims services through its LYNX Services subsidiary, glass management software and Internet marketing services through its GTS subsidiary, and e-business solutions through its GLAXIS offering.
Automotive glass products are manufactured and fabricated in nine North American plants in Berea, Ky.; Creighton, Meadville and Tipton, Pa.; Crestline, Ohio; Evansville, Ind.; Evart, Mich.; and Hawkesbury and Oshawa, Ont., Canada. Also, nine satellite parts assembly plants are located throughout North America and two LYNX Services claims management call centers are in Ft. Myers, Fla., and Paducah, Ky. Pittsburgh Glass Works employs approximately 4,400 people.About PPG
Pittsburgh-based PPG is a global supplier of paints, coatings, chemicals, optical products, specialty materials, glass and fiber glass. The company has more than 150 manufacturing facilities and equity affiliates and operates in more than 60 countries. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com
PPG Automotive Glass and Services