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
Date: 3 August 2007
Source: Bucyrustelegraphforum.com

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