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PPG INDUSTRIES, INC.

(PPG)
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PPG Industries : adds SEM Products to ADJUSTRITE commercial estimating system

04/07/2021 | 10:16am EDT

STRONGSVILLE, Ohio, April 6, 2021 - PPG (NYSE:PPG) today announced that it has expanded the capabilities of the PPG ADJUSTRITE™ commercial estimating system by adding SEM adhesives, sealers and undercoats to the platform's Commercial Parts Listing Program supplier database. SEM Products, Inc., is a leading manufacturer of specialized automotive refinish products.

'We're very pleased to add SEM products to our parts resource,' said Doug Orr, PPG AdjustRite manager. 'By listing SEM products within the PPG AdjustRite system, users now can load the part number and current price at the same time that a collision repair estimate is being prepared. This eliminates the need to locate and price the parts manually or go outside the system, which can be a time-consuming effort.'

Suppliers such as SEM also can benefit from the PPG AdjustRite system integration.

'Enabling SEM to post its product catalog online via the PPG AdjustRite system provides the company with direct exposure to many of the same PPG AdjustRite system users - truck fleets, repair centers, dealerships and more,' said Orr.

As the industry's only commercial estimating program designed specifically for medium-to-heavy-duty truck repairs (and now the RV market), the PPG AdjustRite commercial estimating system works on all web-enabled computers, including mobile devices that meet system requirements. Estimates can be managed from the office or shop or in the field. The system is also Estimate Management Standard (EMS)-capable, enabling it to communicate easily with other shop management systems.

For more information about the PPG AdjustRite commercial estimating system, call 941-391-1001 or visit www.adjustrite.com. For information about PPG commercial coating products, call 800-647-6050 or visit www.ppgcommercialcoatings.com.

About SEM Products, Inc.
A leader in repair and refinish products since 1948, SEM Products, Inc., is committed to manufacturing innovative and superior professional products. The company is headquartered in Rock Hill, South Carolina. To learn more, visit www.semproducts.com.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™
At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers' biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $13.8 billion in 2020. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world and AdjustRite are trademarks and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

PPG Media Contact:
Sharon Bird
Automotive Refinish
(412) 874-9456
[email protected]
www.ppgrefinish.com

Disclaimer

PPG Industries Inc. published this content on 06 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 April 2021 14:15:04 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 16 502 M - -
Net income 2021 1 753 M - -
Net Debt 2021 4 815 M - -
P/E ratio 2021 23,4x
Yield 2021 1,30%
Capitalization 40 016 M 40 016 M -
EV / Sales 2021 2,72x
EV / Sales 2022 2,53x
Nbr of Employees 46 900
Free-Float 40,4%
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 172,73 $
Last Close Price 168,78 $
Spread / Highest target 18,5%
Spread / Average Target 2,34%
Spread / Lowest Target -43,1%
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Managers and Directors
NameTitle
Michael H. McGarry Chairman & Chief Executive Officer
Vincent J. Morales Chief Financial Officer & Senior Vice President
David S. Bem CTO, Vice President-Science & Technology
Bhaskar Ramachandran Chief Information Officer & Vice President
Robert King VP-Global Operations, Industrial Segment
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