![]() These matters involve risks and uncertainties that may affect PPG's operations, as discussed in PPG's filings with the Securities and Exchange Commission pursuant to Sections 13(a), 13(c) or 15(d) of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. Statements contained herein relating to matters that are not historical facts are forward-looking statements reflecting PPG's current view with respect to future events and financial performance. In addition, PPG manufactures flat and fabricated glass, continuous-strand fiber glass and chemicals. Pittsburgh-based PPG is the world's leading manufacturer of transportation coatings, a global supplier of industrial and packaging coatings, and a leading producer of architectural coatings, primarily in North America. "Spectra-Tone will enhance our architectural coatings presence in the western United States, Protec will enable us to enhance our position as the technical coatings leader in Australia and New Zealand, and with Ameron's capabilities, we'll have a global presence in protective and marine coatings." "We are continuing to implement our growth plan in coatings by making strategic acquisitions," said Rich Alexander, senior vice president, coatings. The company operates manufacturing sites in the United States, Europe, Australia and New Zealand, in addition to warehouses and offices around the world. The business employs approximately 700 people, and had sales of US$210 million in 2005. PPG also completed its previously announced acquisition of the Performance Coatings and Finishes business of Ameron International Corporation, Pasadena, Calif., (NYSE:AMN). Terms for these acquisitions were not disclosed. The company employs approximately 214 people, has one manufacturing facility in Adelaide and operates 14 company-owned service centers. Protec is a manufacturer and distributor of automotive refinish coatings, and light industrial and high performance coatings, serving Australia and New Zealand. The transaction is expected to close late this month. Ltd., Adelaide, Australia, and all assets of Fortec Paints Ltd., Protec's New Zealand business. In addition, PPG has reached agreement to acquire Protec Pty. PPG operates only three service centers in the geographic areas where Spectra-Tone is present. Spectra-Tone employs approximately 160 people and has its primary manufacturing location in San Bernardino. Spectra-Tone is an architectural paint and coatings manufacturer distributing products mainly through 22 company-owned service centers in the western United States. 3, 2006-PPG Industries (NYSE:PPG) has acquired Spectra-Tone Paint Corporation, San Bernardino, Calif.
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