PPG to Invest $40 Million in Brazil Expansion
PPG Industries recently announced an investment of about $40 million in its coatings manufacturing facility located in Sumare, São Paulo, Brazil. The expansion project is expected to add a 65,000-sq-ft plant for on-site resin production. The resin will be used to manufacture PPG’s electrocoat products to meet growing demand among automotive original equipment manufacturers (OEMs) and industrial coatings customers in the region. PPG reportedly anticipates completion of the project in 2015 and expects to add more than 30 new positions at the facility.
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