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PPG ANNOUNCES OHIO BUSINESS PARK DEVELOPMENT

 PPG ANNOUNCES OHIO BUSINESS PARK DEVELOPMENT
 BARBERTON, Ohio, March 18 /PRNewswire/ -- PPG Industries


(NYSE: PPG) today announced conversion of its former Barberton chemicals research and development facility to a multi-tenant, lease-or-purchase business park development.
 The company has consolidated chemicals research and development in the Pittsburgh area, near its headquarters and principal glass, fiber glass and coatings technical centers.
 The 98-acre Columbia Business & Technology Center campus, on Wooster Road West about 10 minutes from downtown Akron, Ohio, has laboratory, research, office and light assembly space as well as land for new construction. It is about 20 minutes from Akron-Canton Airport and 40 minutes from Cleveland Hopkins International Airport.
 Announcement of the development was attended by local business and real estate representatives as well as government and economic development officials.
 "We believe the Akron business community will recognize the opportunities afforded by the center in terms of location and labor force availability," said Richard N. Marks, PPG corporate real estate manager. "It should be a significant new economic resource for the community."
 Joining Marks were Barberton Mayor Arthur S. Bradnick and Executive Director Victor A. Myers of the Barberton Area Chamber of Commerce. "We support revitalization of the city's economic base and PPG's efforts to redevelop its former research facility," Bradnick said.
 Columbia Business & Technology Center is comprised of five buildings ranging in size from 15,000 to 84,000 square feet. Subdivided lease space is in units of less than 5,000 sq. ft. to more than 20,000 sq. ft. Three land parcels are suitable for construction of three buildings ranging from 20,000 sq. ft. to more than 30,000 sq. ft.
 PPG retained North American Realty Advisory Services, a New York City-based real estate consulting firm, to create and implement the redevelopment plan. "Columbia Center is designed to meet a variety of user requirements, and provides an ideal office and research location for companies engaged in all aspects of polymer research," said Irenaeus J. Yurchuk, North American Realty senior vice president. "Subdivided unit sizes can be adjusted to suit the needs of tenants."
 He also cited the availability of ample parking, full-service utilities, and potential city and state tax abatement and business financing incentives.
 Lease and purchase information may be obtained from Yurchuk or Spiros V. Antoniadis, North American Realty Advisory Services, 100 Park Avenue, New York, NY 10017, phone 216-825-1251 or 800-631-8904.
 -0- 3/18/92
 /CONTACT: John S. Ruch of PPG Industries, 412-434-2445/
 (PPG) CO: PPG Industries ST: Ohio IN: CHM SU:


CD -- PG003 -- 9080 03/18/92 09:11 EST
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Publication:PR Newswire
Date:Mar 18, 1992
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