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PPG Industries recently announced plans to invest $60 million in a new manufacturing facility and commercial operation for its coatings businesses in the Lipetsk region of Russia. The company anticipates project completion in the second half of 2015. The facility is expected to employ more than 150 people and manufacture a variety of industrial and performance coatings.
PPG currently has operations in Russia and is supplying customers across a variety of industries in the country. The new facility is expected to facilitate PPG’s growth in the market and help the company directly meet growing local demand for its coatings products. In addition to the manufacturing hub, the facility will include a new warehouse and distribution center, as well as administrative offices and technical labs.
“We are delighted to expand our operations and commitment in Russia,” said Jens Brackebusch, general manager, Russia. “We appreciate the ongoing loyalty of our Russian customers and are excited about this opportunity, which will allow us to grow with them.”
For more information, visit www.ppg.com.