PPG to Appeal Verdict.Business Editors ST. PAUL, Minn.--(BUSINESS WIRE)--Feb. 15, 2002 Officials with PPG Industries (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 ) today said they would appeal a federal jury's decision here yesterday to award Marvin Windows and Doors $136 million in a breach-of-warranty suit against the coatings manufacturer. Marvin, of Warroad, Minn., alleged PILT PILT Payment in Lieu of Taxes wood preservative wood preservative substances used as dressing for lumber to protect it against mold, insects, pests, fire, etc. Animals housed in pens made of wood which has been treated with wood preservatives may be poisoned by these compounds if they chew the wood. from PPG failed to prevent rot in its wood windows manufactured during the late 1980s. The company, which said the verdict was unexpected, continues to maintain that PILT preservative preservative Any of numerous chemical additives used to prevent or slow food spoilage caused by chemical changes (e.g., oxidation, mold growth) and maintain a fresh appearance and consistency. Antimycotics (e.g. is not defective, citing the fact that the product has been in use 20 years. The original suit was filed in April 1994. A district judge threw out the case in 1999, a decision that Marvin appealed. The Eighth Circuit U.S. Court of Appeals dismissed 12 of 13 claims, including fraud. The appeal court, however, allowed Marvin to move forward with a jury trial on a breach-of-warranty claim. The trial began Oct. 22. Pittsburgh-based PPG is a global supplier of coatings, glass, fiber glass and chemicals. Sales in 2001 were $8.2 billion. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion