PPG Auto Glass Future In Doubt

Since 1959, Pittsburgh Plate Glass has had an automotive glass division in Crestline.While that’s not likely to change soon, other changes, including employee layoffs, are still possible for PPG Crestline by the end of the summer.

PPG Director of Corporate Communications, Jack Maurer, said that the company is weighing options on its automotive glass division, and the decisions made could have a significant impact on the Crestline plant.“PPG is continuing to explore alternatives for its Automotive OEM and Automotive Replacement Glass and Services businesses, with the goal of maximizing shareholder value,” Maurer wrote in an e-mail. “These alternatives may include, in order of preference, divestiture, forming strategic alliances and restructuring.The company hopes to reach a conclusion on the ultimate direction it will pursue by the end of the summer.”

What that means for the Crestline plant now is unclear, but possible layoffs are not being ruled out.

Crestline safety-service director Gene Toy said that the PPG has not been in contact with the city because it is not within in the city limits.

“I know that PPG gets associated with us because we’re probably closer to them than anyone else,” Toy said. “But they are not required to notify the city and they have not.”

Read the entire story on the source link below.

600450 PPG Auto Glass Future In Doubt glassonweb.com

See more news about:

Others also read

Corning to Invest in Manufacturing Facility for Automotive Glass Solutions
Retrofitted facility will be third Corning manufacturing site in Hefei, China.
Luminous White Walls at Frankfurt Airport’s Terminal 1
Luminous White Walls at Frankfurt Airport’s Terminal 1.
Curvaglide® – New glass slides from wall to wall
Massive sliding curved glass doors for the luxury housing market, wider than ever before, have been developed by Surrey glass door specialists.
Entering an Era of Elegance
No 1 New Oxford Street – formerly known as Commonwealth House – now has an entrance which echoes its proud heritage, combining sleek elegant aesthetics with modern convenience.
 LandGlass Glass Tempering Furnace in Iran
TJK is a well-known industrial enterprise in Iran. The company is equipped with a LD-AB F&B Bi-directional glass tempering furnace made by LandGlass.
SEKISUI S-Lec B.V. at Glasstec 2018
From 23rd until 26th October 2018 SEKISUI S-Lec B.V. will be present at the 25th edition of Glasstec, the international Trade Fair for glazing held at Messe Düsseldorf in Germany.

From industry

Portuetxe bidea 18
20018 San Sebastián (Gipuzkoa) Guipúzcoa

Is Kuleleri, Kule: 2, Kat: 22, 4. Levent
34330 Levent-Istanbul/İstanbul

Add new comment