PPG Industries To Invest About $40 Mln In Facility Expansion In Brazil

(RTTNews) - PPG Industries (PPG) announced Tuesday that it will invest about $40 million in its coatings manufacturing facility located in Sumare, São Paulo, Brazil.

The expansion project will add a 65,000-square-foot 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.

The company anticipates completion of the project in 2015 and expects to add more than 30 new positions at the facility.