Recently, Whitford was acquired by PPG

PPG announced on December 14 that it had reached a final agreement to acquire the Whitford Worldwide Company(" Whitford "), a global manufacturer of low friction and non-stick coatings for industrial applications.And consumer goods.The deal is expected to close in the first quarter of 2019, depending on customary closing conditions.Financial terms have not been disclosed.

Michael McGarry, chairman and CEO of PPG, said: "the Whitford acquisition will enable PPG to further create value for customers and shareholders by enhancing our product range, r&d capabilities and global market presence in the growing industrial coatings sector."Supervisor.

Whitford is a private company based in Elverson, pa., founded in 1969.The company specializes in manufacturing low friction, wear resistant coatings for industrial applications in automotive, aerospace, energy and construction products.Whitford also makes non-stick coatings for cookers, pans and small appliances such as ovens, grills, frying pans and irons.Whitford has more than 700 employees and 10 manufacturing plants in elverson, Pennsylvania.Forstall, Ohio, USA;Guelph, Ontario, Canada;Langdon, England;Brescia, Italy;Sao Paulo, Brazil;Jiangmen, China;Zhuhai, China;Master, Singapore;And bangalore, India.

"Joining PPG is a big step forward for whitford," adds Dave Willis, whitford's founder and chairman."All of a sudden, we will have access to new technologies, diverse research and development facilities, strong financial support and global coverage in areas where we want to expand but do not have sufficient resources.This is good news for our customers and employees."

"Whitford's leadership in low friction and non-stick coatings will strategically complement the strong portfolio of industrial coatings solutions we offer today, and PPG's research and development organization will leverage Whitford's extensive expertise in fluorine polymer chemistry in the markets we serve," says Tim Knavish., senior vice President of PPG industrial coatings."In addition, Whitford's global business and customer-centric high-touch business model are highly complementary to PPG's business to enable seamless integration processes."

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