Tim Knavish, PPG Chairman and Chief Executive Officer, commented on the quarter, saying, “ We achieved record third-quarter net sales and adjusted earnings per share aided by the breadth and resiliency of our business portfolio."
The company has invested in a new extension of the Yacht Paint Application Center (YPAC) located in Southampton, U.K., to provide new innovative products, applications and techniques to professional and DIY applicators.
The commitment aims to introduce students to the diverse and high-tech career paths within modern industry and provide them with educational opportunities to pursue technical and STEM-related fields.
The company reports that the CEO selection is the result of a well-developed and thoughtful process to ensure a seamless leadership transition that focuses on strength, momentum, and growth.
In this role, he will manage operations and manufacturing processes to safely accomplish production and delivery objectives that drive high-performing industrial coating solutions to customers.
Each year, the Dunn-Edwards team of color experts dives into emerging influences across culture, fashion, technology, lifestyle and more to land on the coming year’s defining hue.
Fiscal 2024 first-quarter adjusted EBIT was reportedly an all-time record and was in addition to strong growth in the prior-year period when adjusted EBIT increased 33.1%.
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