Company counts on aggressive acquisition program,
R&D ‘breakthroughs’ to make sales, earnings growth soar.
Armed with a beefed-up arsenal of global coatings assets — the product of an aggressive acquisition campaign over the last few years — PPG Industries Inc. wouldn’t be faulted if it tapped the brakes, tallied its trophies and cruised along on autopilot for a stretch.
But the Pittsburgh-based coatings, glass and chemicals concern also wouldn’t stun coatings-industry observers if it grabbed a headline or two with another major deal, as the company strives to maximize the payoff from its expanded deck of architectural, industrial, and specialty coatings businesses.