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PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials.With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe.
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This trend continued for 20 years, with the workforce gradually being reduced or transferred to PPG’s other plants. Finally, in 1992, PPG permanently closed its gates and began the demolition of portions of the Ford City Works, formerly the largest plate-glass factory in the world. As its peak, PPG employed over 4,000 workers.
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Over the past three months, shares of PPG Industries (NYSE:PPG) moved higher by 13.47%. Before we understand the importance of debt, let us look at how much debt PPG Industries has.PPG Industries ...