Pittsburgh, PA-based paints, coating and specialty materials supplier PPG has agreed to sell its architectural coatings business for $550 million to American Industrial Partners (AIP). The ...

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The sale is anticipated to be completed in late 2024 or early 2025. Credit: BalkansCat via Shutterstock. PPG, a global supplier of paints, coatings, and speciality materials, has agreed to divest its ...

PPG is slashing almost 2,000 jobs and closing a facility in order to try to maximize profits. What is PPG? They are the second largest manufacturer of paints and are based out of Pennsylvania.