PPG announced a substantial investment of $380 million to construct a new aerospace coatings and sealants manufacturing facility in Shelby, North Carolina. This strategic move aims to meet the growing demands of the aerospace industry.
Construction on the 62-acre site is scheduled to commence in October 2025, with completion anticipated in the first half of 2027. The 198,000-square-foot facility will employ more than 110 people and produce PPG's full line of aerospace coatings and sealants.
This investment will provide additional capacity and improve service levels for customers through enhanced supply chain and shipping logistics due to nearby transport links. PPG Chairman and CEO Tim Knavish stated that this investment underscores the significant demand growth for PPG's world-class technologies and its commitment to serving aerospace customers, while also contributing to the sector's growth and innovation.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.