08.11.16
Paul Bush, Director of Technical Services at PPG says 240 years of glass technology are coming together to better serve customers. In a $750 million deal expected to close by the end of 2016, Vitro, the leading glass producer in Mexico, will acquire PPG’s flat glass operations. The synergy resulting from these two glass pioneers joining forces is expected to create a robust company with new opportunities to flourish.
“These businesses are complementary,” Bush explained. “PPG has focused on expanding coated glass technology for the architectural market, and now we’re better positioned to grow that with a company like Vitro focusing exclusively on glass.”
Bush added that it’s ultimately the customers who benefit through access to more options and combined expertise.
According to Bush, who also serves as Vice Chair for the National Fenestration Rating Council (NFRC) and plans to continue in this role, the investment allows Vitro to increase its construction glass business through improved access to North American markets. Meanwhile, PPG will focus on advancing in paints, coatings, and specialty materials.
PPG anticipates a seamless transition and a smooth future. Vitro is retaining all of PPG’s people, plants, products, and business processes.
“It’s business as usual,” Bush said. “Most importantly PPG’s relationships with its customers and stakeholders will remain intact.”
The transaction creates one of the largest glass companies in the western hemisphere and facilitates a global reach. While PPG’s focus has remained on serving North America, Vitro has traditionally served Latin and South America. Both companies look forward to entering new markets and establishing a strong presence.
Reflecting on over 30 years of experience in the fenestration industry, Bush sees PPG’s sale of its flat glass operations as a positive step forward.
After earning his bachelor’s degree in electrical engineering from the University of Pittsburgh, Bush began working for PPG in 1986. He first become involved with NFRC in 1997 and stays involved because it satisfies his passion for learning and facilitates continued support of his customers.
“Even after all these years later, I still learn something new every day,” Bush concluded. “There’s always another innovation on the horizon, and that’s what makes this industry so exciting.”
“These businesses are complementary,” Bush explained. “PPG has focused on expanding coated glass technology for the architectural market, and now we’re better positioned to grow that with a company like Vitro focusing exclusively on glass.”
Bush added that it’s ultimately the customers who benefit through access to more options and combined expertise.
According to Bush, who also serves as Vice Chair for the National Fenestration Rating Council (NFRC) and plans to continue in this role, the investment allows Vitro to increase its construction glass business through improved access to North American markets. Meanwhile, PPG will focus on advancing in paints, coatings, and specialty materials.
PPG anticipates a seamless transition and a smooth future. Vitro is retaining all of PPG’s people, plants, products, and business processes.
“It’s business as usual,” Bush said. “Most importantly PPG’s relationships with its customers and stakeholders will remain intact.”
The transaction creates one of the largest glass companies in the western hemisphere and facilitates a global reach. While PPG’s focus has remained on serving North America, Vitro has traditionally served Latin and South America. Both companies look forward to entering new markets and establishing a strong presence.
Reflecting on over 30 years of experience in the fenestration industry, Bush sees PPG’s sale of its flat glass operations as a positive step forward.
After earning his bachelor’s degree in electrical engineering from the University of Pittsburgh, Bush began working for PPG in 1986. He first become involved with NFRC in 1997 and stays involved because it satisfies his passion for learning and facilitates continued support of his customers.
“Even after all these years later, I still learn something new every day,” Bush concluded. “There’s always another innovation on the horizon, and that’s what makes this industry so exciting.”