PPG Honors 11 Excellent Suppliers.PITTSBURGH -- PPG Industries PPG Industries (NYSE: PPG) was founded in 1883 as the Pittsburgh Plate Glass Company. PPG is an American manufacturer of glass and chemical products, including automotive safety glass. (NYSE NYSE See: New York Stock Exchange :PPG PPG Points Per Game (basketball player statistic) PPG Power Play Goals (hockey) PPG Planning Policy Guidance (UK) PPG Programmable Pulse Generator PPG Power Puff Girls ) has presented 11 Excellent Supplier Awards for superior performance in 2005. Award criteria included product quality, delivery, documentation, innovation, responsiveness, continuous improvement and participation in PPG's Supplier Added Value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
Kathleen McGuire, PPG vice president, corporate purchasing and distribution, praised the performance of the award-winning suppliers. "Their products, services, reliability, innovation and overall value in 2005 were outstanding," she said. "We consider them invaluable business partners who provide a significant competitive advantage to PPG." On an annual basis, PPG purchases more than $6 billion in materials and services from thousands of suppliers. Companies earning the 2005 Excellent Supplier Award, and the products and services they provide, are: --Applied Industrial Technologies - honored for the second straight year - a Cleveland-based supplier of bearings and engineered products as well as power-transmission and fluid-power components to PPG's U.S. automotive coatings and glass, performance glazings, fiber glass and chlor-alkali and derivatives businesses. --Arrow Uniform, headquartered in Taylor, Mich., which provides uniform and mat services in the Americas and Asia for the automotive, architectural and industrial coatings units as well as the aerospace, automotive original-equipment-manufacture (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ) glass, chlor-alkali and derivatives, fiber glass and fine chemicals businesses. --Bayer MaterialScience, Leverkusen, Germany, supplier of Bisphenol A Bisphenol A is a chemical compound containing two phenol functional groups. It belongs to the phenol class of aromatic organic compounds. It is widely prepared and sold and various important polymers/plastics are made from it. in Europe and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. for the automotive OEM and industrial coatings businesses. --Catalytic Combustion Corp., based in Bloomer, Wis., which provides air-pollution abatement equipment and service to PPG's coatings businesses in the United States. --Concerto Office Products of Itasca, Ill. - a certified minority business enterprise joint venture between Guy Brown Products and Pittsburgh-based OfficeMax - which provides office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). and computer peripherals to support U.S. automotive OEM and replacement glass, chlor-alkali and derivatives, architectural coatings, automotive refinish re·fin·ish tr.v. re·fin·ished, re·fin·ish·ing, re·fin·ish·es To put a new finish on (furniture). re·fin , aerospace, fiber glass and industrial coatings businesses. --EDS-France, Neuilly, France, provider of information technology and data-processing services to PPG's automotive OEM, industrial and packaging coatings as well as fiber glass and fine chemicals businesses in Europe and the United States. --GE Commercial Finance Fleet Services Fleet is a motorway service station on the M3 near Basingstoke. It is owned by Welcome Break. It was originally built in a Scandinavian style and in 1992 won "Loo of the Year". , with headquarters in Eden Prairie, Minn., which provides automotive fleet leasing and services globally to the automotive replacement glass; architectural, automotive refinish and automotive OEM coatings; and other businesses. --Lewis-Goetz and Company, a Pittsburgh-based supplier of rubber products to U.S. aerospace, performance glazings, automotive OEM glass and chlor-alkali and derivatives businesses. --Resolve Corporation of Strongsville, Ohio, which provides literature and point-of-purchase distribution and fulfillment services for the architectural, automotive refinish and industrial coatings units as well as performance glazings and automotive replacement glass businesses in North America. --Schenectady-Crios, Rio Claro, Brazil, which supplies acrylic resins to the automotive refinish and packaging coatings businesses in North America, South America and Europe. --Superior Pallet, based in Burkburnett, Texas, which provides containers, packing materials and packaging services for the performance glazings business. Pittsburgh-based PPG Industries is a global supplier of coatings, glass, fiber glass and chemicals, with manufacturing facilities and equity affiliates in more than 20 countries. Sales were US$10.2 billion in 2005. |
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