PPG has also announced an agreement with Agion Technologies, a provider of natural silver-based antimicrobial solutions based in Wakefield, MA, to develop, manufacture and jointly market PPG’s coatings for use on laptop computers.
The company has also acquired certain assets of Coatings Resource Corp. (CRC), Huntington Beach, CA. The acquired assets include inventory, accounts receivable, key sales and technical personnel, selected equipment, formulations, and customer lists.
CRC produces paints, lacquers and varnishes for use on metal and wood industrial and consumer products. It also produces injectable colorants, blowing agents, processing aids, ultraviolet (UV) stabilizers and antioxidants used on various types of plastics. CRC employs approximately 30 people at its manufacturing facility in Huntington Beach. The manufacturing plant will not be acquired by PPG but will toll manufacture products for PPG for the foreseeable future.