PPG Industries gains on plans to build new aerospace coatings facility

ReutersMay 8, 2025 3:02 PM

Shares of global paint supplier PPG Industries PPG.N up 1.2% at $108.09

Company says it will invest $380 million to build a new aerospace coatings and sealants manufacturing facility in Shelby, North Carolina

It is set to commence in October and is expected to be completed in the first half of 2027

PPG says the facility will produce the full line of its aerospace coatings and sealants

Including session's moves, PPG shares down 9.5% YTD

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