PPG Cuts Capital Spending After Sales Drop in Third-Quarter 2015, but Acquisitions Boost Profits

SUGAR LAND--October 16, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--PPG Industries (NYSE:PPG) (Pittsburgh, Pennsylvania) weathered a dip in sales volumes in third-quarter 2015, as benefits from acquisitions--six so far this year--helped the coatings manufacturer to reach a new third-quarter net income record. Industrial Info is tracking $242.64 million in projects involving PPG.

Within this article: Details on PPG's quarter and projects, including two major unit additions at separate coatings plants in China.