02.21.23
CW: How did PPG fare overall in 2022?
Knavish: The challenges the industry faced were many, including unprecedented cost inflation, unexpected geopolitical issues in Europe, disruptive and unpredictable shutdowns in China, strong appreciation of the U.S. dollar and rapid escalation in interest rates in the United States.
However, the PPG team responded to these challenges, working more closely than ever with our customers to find new solutions and innovative products, including rapidly implementing real-time selling price increases to help offset cost inflation, focusing on the health and safety of our people, optimizing our manufacturing, and creating new innovations to support our customers’ needs.
One example is the efforts of our automotive refinish business. In 2022, the business completed the 1,000th installation of its award-winning PPG MOONWALK automated refinish paint mixing system at G
Knavish: The challenges the industry faced were many, including unprecedented cost inflation, unexpected geopolitical issues in Europe, disruptive and unpredictable shutdowns in China, strong appreciation of the U.S. dollar and rapid escalation in interest rates in the United States.
However, the PPG team responded to these challenges, working more closely than ever with our customers to find new solutions and innovative products, including rapidly implementing real-time selling price increases to help offset cost inflation, focusing on the health and safety of our people, optimizing our manufacturing, and creating new innovations to support our customers’ needs.
One example is the efforts of our automotive refinish business. In 2022, the business completed the 1,000th installation of its award-winning PPG MOONWALK automated refinish paint mixing system at G
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