Acquisitions, achievements, appointments, innovations and investments in 2023
January
- Recognized by JUST Capital for ethical leadership, positive environmental impact.
- Achieved ISO 14001 certification of environmental management system at Shannon, Ireland, facility.
February
- Launched VCS hybrid cup system for the refinish market.
- Recognized as 'Most Admired Company' by FORTUNE Magazine for 15th consecutive year.
- Invested $16.2 million in communities worldwide in 2022.
- Again Recognized as One of 'America's Best Employers' by Forbes Magazine.
March
- Announced sponsorship with Tasca Racing for 2023 hot rod season.
- Named an 'Exceptional Workplace' for employee engagement by Gallup.
- Recognized among Newsweek’s America's Greatest Workplaces for Women.
- Built on our Long-time Partnership with Team Penske.
April
- GLIDDEN paint by PPG became the primary paint brand at Walmart in the U.S.
- GLIDDEN paint by PPG expanded its DIY product assortment to the independent dealer network.
- Completed $15-million expansion of Brazil, Ind., powder coatings plant.
May
- PPG Board of Directors recognized as 'Public Company Board of the Year.'
- Universal Display Corporation and PPG celebrated opening of a state-of-the-art OLED manufacturing site in Shannon, Ireland.
- Launched paint films solutions for automotive and industrial customers.
- Outlined growth framework, financial expectations and sustainability goals.
- Invested $44 million to boost global powder production.
- Set science-based 2030 decarbonization targets, reported 2022 sustainability progress.
June/July
- Opened $30-million battery pack application center in China.
- Launched low-temperature cure electrocoats for automotive manufacturers.
- Announced aerospace e-coat system partnership with Satys in France.
- Reduced carbon emissions by 9,400 metric tons annually with latest renewable energy investment.
- Recognized on 'Best Place to Work for Disability Inclusion' list for second consecutive year.
- Named to Newsweek's America's Greatest Workplaces.
August
- Inaugurated center of excellence in Italy that increases efficiency for automotive color development.
- Recognized for strong sustainability practices by FTSE4Good for fifth consecutive year.
- Announced investment of $5 million in environmental sustainability education.
- Named Limitless as 2024 Color of the Year, inspiring endless possibilities.
- Opened customer and employee experience center at global headquarters, marked 140th anniversary.
- Introduced PPG LINQ Color software and PPG MAGICBOX body shop assistant for the refinish industry.
September/October
- Completed $2.7 million expansion of powder coatings factory in Sumaré, Brazil.
- Introduced PPG SUSTAINABILITY CO2NCEPT system to help automotive body shops reduce energy, waste and emissions in repair processes.
- Marked 500th COLORFUL COMMUNITIES program project with a makeover at the Carnegie Science Center in Pittsburgh.
- Elected Tim Knavish PPG Chairman and CEO; Michael McGarry retired as Executive Chairman.
- Invested $2 million to prepare students for skilled trade careers.
- Divested Traffic Solutions operations in Australia and New Zealand.
November
- Partnered with 'Facts on Climate Change' for environmental sustainability education.
- Launched PPG DP7000 Air-Dry Primer in EMEA automotive refinish markets.
December
- Again earned Equality 100 Award in 2023 Corporate Equality Index, spotlighting 20 years of recognition for LGBTQ+ workplace policies and practices.
- Recognized among Foundry's Computerworld 'Best Places to Work in IT in 2024.'
- Divested the European and Australian operations of our Traffic Solutions business.
- Opened $17 million aerospace application support center in France.
- Named to Newsweek's America's Most Responsible Companies list for fourth consecutive year.