PPG Industries (PPG) said Thursday that it is investing $380 million in a new aerospace coatings and sealants manufacturing facility.
The plant will be located on a 62-acre site in Shelby, North Carolina, and construction will begin in October with projected completion in the first half of 2027, according to the company.
The facility is expected to add 110 jobs and will produce full line of PPG's aerospace coatings and sealants.
Shares of the company were up 1.6% in recent trading.
Price: 108.37, Change: +1.61, Percent Change: +1.51
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。