PPG restarts fiber glass furnace in North Carolina
PITTSBURGH, May 12, 2010 – PPG Industries’ (NYSE:PPG) fiber glass business announced it has restarted a furnace at its facility in Shelby, N.C. The restart supports market demand, specifically in the area of automotive, wind energy, and oil and gas pipe applications.
“The market is demanding energy efficiency and new solutions,” according to Greg Terchick, PPG global marketing manager, direct draw. “Customers are looking for ways to save on energy costs, whether through renewable and traditional energy or by making cars lighter and more fuel efficient.”
Restarting the furnace will increase current annual capacity by about 17,000 metric tons. An additional 34 employees will support the restart, some of which were recalled from layoffs.
PPG Industries’ vision is to continue to be the world’s leading coatings and specialty products company. Founded in 1883, the company serves customers in industrial, transportation, consumer products, and construction markets and aftermarkets. With headquarters in Pittsburgh, PPG operates in more than 60 countries around the globe. Sales in 2009 were $12.2 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com.
PPG Fiber Glass