PPG Plans $20 Million Investment in Fiber Glass Plant

Date: 16 March 2006
Source: PPG

Date: 16 March 2006

PPG Industries plans to invest $20 million during the next three years to make the company's Shelby, N.C., fiber glass plant "more competitive," said Victoria M.

Holt, senior vice president, glass and fiber glass.

Holt said engineering work has already begun to transform Shelby's largest furnace, enabling it to produce direct products manufactured with world-leading technology while being cost-competitive on a regional basis.

When the transformation is complete, the rebuilt furnace at Shelby will be positioned to produce wet chop, direct chop, remote wet chop and direct draw products, which are used in blades for wind-energy turbines, pipes, tanks, roofing shingles, automotive parts and other applications. Other products currently produced at Shelby will be sourced from PPG global manufacturing operations to serve the existing domestic fiber glass market.

"Our investment in Shelby demonstrates PPG's commitment to our U.S. manufacturing operations and the global fiber glass industry," Holt said.

PPG is one of the world's largest producers of continuous-strand fiber glass, with nine manufacturing facilities worldwide, focused primarily on the global electronics, thermoplastics and general industrial markets. With 2005 sales of $10.2 billion, Pittsburgh-based PPG is also a leading global supplier of coatings, glass and chemicals.

600450 PPG Plans $20 Million Investment in Fiber Glass Plant glassonweb.com

See more news about:

Others also read

Owners of Lincoln Glass in Newport, Dan and Elayne Mason, celebrated their 50th anniversary in the business this year. Dan's parents, John and Grace Mason, established Lincoln Glass in 1956 and oversaw day-to-day operations for 20 years.
Potters Industries Inc., an affiliate of PQ Corporation, announced today that, effective February 15, 2007, the price on all Metal Finishing Glass Bead and Ground Glass product shipments will increase up to 3 cents a pound.
Edward A. Shriver Jr., a Pittsburgh architect who works in retail store design, encourages architects and retail owners alike to "think outside the box," light years away from the designs that have dominated American retail architecture in recent decades.
Hoya Corp., Japan's largest optical glass maker, agreed to buy camera maker Pentax Corp. for 90.6 billion yen ($765 million) to add endoscopes and surgical scissors.
Strange specimens of natural glass found in the Egyptian desert are products of a meteorite slamming into Earth between 100,000 and 200,000 years ago, scientists have concluded.
ZF.com reported that Tarnaveni (Romania)-based Gecsat, estimates an approximately 6.4 million-euro turnover for this year, a 16% drop against last year, when the company posted a 7.6 million-euro turnover.

Add new comment