125-year-old business, renamed The Pittsburgh Paints Company, will be wholly focused on supplying professionals and DIYers with industry leading products and best-in-class innovation

CRANBERRY TOWNSHIP, Pa., Dec. 2, 2024 /PRNewswire/ -- American Industrial Partners ("AIP"), today completed its previously announced acquisition of the U.S. and Canadian architectural coatings business (the "Company") of PPG (NYSE:PPG). The Company has been renamed The Pittsburgh Paints Company ("Pittsburgh Paints Co."), honoring its mission and deep heritage delivering architectural paint and stain product excellence and innovation to commercial and residential customers across the United States and Canada. The name, The Pittsburgh Paints Company, carries a rich history dating back to 1897, when the original company began marketing paints designed to be both durable and visually appealing.

Building off strong foundations and iconic legacy brands, investment will enable the Company to accelerate profitable growth across the U.S. and Canada

NEW YORK, Oct. 17, 2024 /PRNewswire/ -- American Industrial Partners ("AIP"), an industrials investor, today announced that American Industrial Partners Capital Fund VIII has entered into a definitive agreement to acquire the U.S. and Canadian architectural coatings business (the "Company") of PPG, (NYSE: PPG), a global paints, coatings, and specialty materials leader.  The transaction is expected to close in late 2024 or early 2025 and is subject to customary closing conditions.

Zero Harm Innovation Partners Program aims to encourage maritime sustainability

SINGAPORE, July 31, 2024 /PRNewswire/ -- PPG (NYSE: PPG) today announced a collaboration with RightShip, a digital maritime sustainability platform, as part of Rightship's Zero Harm Innovation Partners Program. The initiative aims to foster the development and adoption of innovative solutions to promote a more sustainable future in the maritime industry.

PPG's revolutionary PPG SIGMAGLIDE® 2390 biocide-free silicone fouling release is the only hull coating to be approved by RightShip's rigorous product review process for the Zero Harm Innovation Partners Program. This approval validates its contribution towards a zero- harm maritime industry and underscores its positive sustainability impact.

Top-10 Strongest Corporate Boards Revealed; Pressure Mounts as Boards Face New Challenges, Shifting Priorities, and a Marked Decline in Business Acumen

CHICAGO, Sept. 5, 2023 /PRNewswire/ -- PPG Industries, Teradyne, and International Paper outperformed all other public corporations in the U.S. in terms of board governance capacity, according to a study by JamesDruryPartners. In its newest edition of The Weight of America's Boards, the firm measured the "Average Director Weight" (objective standard for assessing relative board strength) of America's largest publicly traded companies (based on revenue and market cap). Since 2011, the board of PPG (NYSE: PPG) has appeared on the study's top-ten list seven times and has ranked #1 twice, most recently in 2016.