PPG begins operation of Tianjin aerospace application support center
PPG expands service to aviation, aerospace industries in China
TIANJIN, China, Nov. 4, 2010 – PPG Industries (NYSE:PPG) announced that a new application support center for its aerospace business began its first phase of operation today in Tianjin. With a total investment of $2.1 million in two phases, the new facility will expand the capacity of PPG’s aerospace business and offer high-quality products and services to the aerospace industry in China.
A grand opening at the facility in Tianjin Aerospace Industrial Park was attended by Tianjin Vice Mayor Mr. Ren Xuefeng as well as officials from Tianjin Municipal Government and the Tianjin Aerospace Industrial Park. PPG officials Charles E. Bunch, chairman and CEO, Viktor Sekmakas, senior vice president, industrial coatings and president, PPG Asia/Pacific, and Paul Bowman, general manager, aerospace, Asia/Pacific, joined the government officials for a ribbon-cutting ceremony and a facility tour.
“The Tianjin aerospace application support center is the newest of 16 ASCs PPG operates around the world, and it will help PPG to better serve the growing aerospace market in China, along with our facility in Suzhou,” Bunch said.
With a total investment of $2.1 million, the new ASC–Tianjin will cover 6083.4 square meters, with a gross floor area of 2635.49 square meters, including production workshops and storehouses for hazardous chemicals. When phase two of construction is completed, the facility is expected to have an annual capacity of 200 tons for aerospace coatings and 100 tons for sealants, and an annual turnover of 100 aircraft transparencies. The facility will also offer chemicals management services and provide value-added packaging for materials supplied by customers.
ASC–Tianjin is located in the Free Trade Zone of Tianjin Aerospace Industrial Park, where it will be part of an aviation supply chain that includes the nearby facilities of Airbus, Goodrich, Xi’an Aircraft and Boeing. According to PPG, the area offers the advantages of proximity to many potential customers and favorable tax policies.
PPG’s aerospace business is comprised of PPG Aerospace – PRC-DeSoto and PPG Aerospace – Transparencies. PPG Aerospace – PRC-DeSoto is the leading global producer and distributor of aerospace coatings, sealants, and packaging and application systems. PPG Aerospace – Transparencies is the world’s largest supplier of aircraft windshields, windows and canopies.
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.
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