PPG to build new US paint plant, invest in existing two sites

HOUSTON (ICIS)–PPG plans to spend $300 million to build a new plant in the US and to make investments at existing sites in North America, the paints and coatings producer said on Tuesday.

“As we continue to see a resurgence of manufacturing in the US, PPG will leverage this new facility and our other site investments to maximize quality, improve operational efficiency and reduce product complexity within our manufacturing footprint,” according to a statement by Tim Knavish, PPG CEO.

The projects will start later in 2024 and span a four-year period, PPG said.

The new plant will be in Loudon county, Tennessee state, the company said. Construction should start in August 2024 and finish in 2026. When fully operational, the plant can produce more than 11 million gal/year (42 million liters/year.)

The plant will initially make paints and coatings for automakers and auto parts suppliers, the company said. Eventually, it could supply other industrial segments, including transportation, heavy duty equipment, building and construction and consumer products.

The plant in Loudon county will be the first plant that PPG has built in the US in 15 years.

PPG will also expand and upgrade existing sites in Cleveland, Ohio, US, and San Juan del Rio, Queretaro state, Mexico.

The investments will cover new equipment and processes that will make the plants more efficient, PPG said. They will also allow the plants to meet growing demand for sustainable products, such as waterborne coatings.

The investments in the two existing sites and the new plant do not represent a change in the level of PPG’s overall capital investment spending, the company said.

Thumbnail shows PPG’s headquarters.