PPG Invests $300M in New Manufacturing Plant & Facility Upgrades

PPG Industries, Inc. (PPG) recently announced a $300-million investment in advanced manufacturing in North America to support the growing demand for paints and coatings in the automotive industry. This investment, beginning in 2024 and spanning four years, includes the construction of a new manufacturing plant in Loudon County, Tennessee. Some better-ranked stocks in the Basic Materials space are Carpenter Technology Corporation (CRS) , sporting a Zacks Rank #1 (Strong Buy), ATI Inc. (ATI) and Ecolab Inc. ( ...