PPG Sells Architectural Coatings Business, Rebrands as The Pittsburgh Paints Company
December 3, 2024 - 11:28
PPG has officially sold its architectural coatings business, marking a significant shift in its corporate structure. The newly independent entity will operate under the name The Pittsburgh Paints Company, a nod to its heritage and roots in the city of Pittsburgh. This rebranding reflects a commitment to maintaining the legacy of quality and innovation that has been synonymous with the brand for decades.
The sale is expected to allow PPG to focus on its core operations while giving the architectural coatings business the opportunity to thrive as a standalone company. The Pittsburgh Paints Company aims to leverage its extensive portfolio of products to serve a diverse range of customers, from professionals to DIY enthusiasts.
As part of this transition, the company plans to enhance its product offerings and improve customer service, ensuring that it meets the evolving needs of the market. This strategic move is anticipated to drive growth and strengthen its position in the competitive coatings industry.
MORE NEWS
July 10, 2026 - 04:47
Baker Hughes CEO: Continued business tailwinds with the need for power generation and LNGLorenzo Simonelli, the chief executive of Baker Hughes, appeared on `Power Lunch` to discuss the company`s outlook, pointing to sustained business tailwinds fueled by the growing need for power...
July 9, 2026 - 04:31
The Software Business Model Is Running Out of Time—and So Are Software StocksThe era of easy money for traditional software companies is coming to an end, and Wall Street is starting to panic. According to analysts at Stifel, the old ways of selling software-think long-term...
July 8, 2026 - 00:07
George E. Johnson Sr., founder of a pioneering Black hair care business, dies at 99George E. Johnson Sr., the visionary entrepreneur who built a multimillion dollar hair care empire and broke racial barriers on Wall Street, has died. He was 99. His family confirmed he passed away...
July 7, 2026 - 02:47
Medtronic recalls heart valve delivery system due to safety riskMedtronic has announced a recall for a specific heart valve delivery system, citing a safety risk that could affect patients. The recall involves the company`s Evolut FX and Evolut PRO+ delivery...