PPG Industries, through its subsiduairy, PPG Comex, has opened its 4,000th paint and coatings store.
The latest store was opened in Mexico City and the company stated it believed it had built a “market-leading presence and unequaled customer intimacy” for its COMEX brand in the Mexican market.
“As one of the largest retailers in Mexico, we plan to continue strengthening our distribution model to help more Mexican families to protect and beautify their homes,” said Marcos Achar, PPG Comex CEO and PPG vice president, architectural coatings, Latin America.
PPG Comex manufactures paint, coatings and related products in Mexico and sells them in Mexico and Central America through stores that are independently owned and operated by concessionaires, as well as through regional retailers and wholesalers and directly to customers. PPG completed its acquisition of Comex in 2014.
Other PPG news
Last week PPG held a ceremony marking the completion of a $20m center for on-site electrocoat coatings blending at its resin manufacturing facility in Zhangjiagang, China. The new 37,500-square-foot (nearly 3,500 square meters) center adds production and blending capacity for high-performance cathodic electrocoat (e-coat) coatings. It is PPG’s second e-coat blending operation in China along with one in Tianjin.
PPG Industries is also presenting its automotive coatings and industrial coatings (interior, exterior, conductive and display coatings) for the automotive industry the during preview days at the 2016 North American International Auto Show (NAIAS) being held at Detroit’s Cobo Center, Jan. 13-14.
Founded in 1883, PPG has global headquarters in Pittsburgh and operates in more than 70 countries around the world. Reported net sales in 2014 were $15.4bn.