PPG Industries will lay off 1,800 employees in the U.S. and Europe and close plants as part of a cost-reduction program, the paints and coatings maker said on Thursday.

PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.

CBS News Pittsburgh Live. PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs, with the paints and coatings maker also inking a deal to sell a sizeable chunk of its ...

PITTSBURGH (KDKA) — PPG has sold its architectural coatings business, which will be renamed The Pittsburgh Paints Company. American Industrial Partners announced on Monday that it completed the ...

A month has gone by since the last earnings report for PPG Industries (PPG). Shares have added about 1.6% in that time frame, underperforming the S&P 500. Will the recent positive trend continue ...

PPG expects full-year adjusted EPS in the range of $7.75 to $8.05. For fiscal 2025, ending in December, analysts expect PPG’s EPS to grow 1% to $7.95 on a diluted basis. The company’s earnings ...

(Reuters) -PPG Industries will lay off 1,800 employees in the U.S. and Europe and close plants as part of a cost-reduction program, the paints and coatings maker said on Thursday. The program ...