4.0
21 Sept 2015
Former employee, more than 10 years
Wexford, PA
Recommend
CEO approval
Business outlook
Pros
PPG is an excellent international company with very good senior management that not only did not suffer during the recent economic downturn of the past several years, but took the opportunity to strengthen their market position through acquisitions, managing cash and working capital, and optimizing manufacturing operations. The stock increased from a low of ~$35/share a few years ago to a high of ~$238/share, and then it split.
Cons
While PPG, as a whole, is an excellent company to invest in and to work for, the glass division, from where it's roots in 1883 were based, has been shrinking dramatically over the past 15 years, and the future of PPG in glass is very uncertain at this time.