|
|
Article: Ameron sells coatings unit.(NEWS ROUNDUP)(Brief article)
- Article from:
- Los Angeles Business Journal
- Article date:
- July 3, 2006
CopyrightCOPYRIGHT 2006 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Pittsburgh-based PPG Industries Inc., the world's second largest maker of auto paint. said on June 29 that it has agreed to purchase Ameron International Corp,'s coatings unit for $115 million.
Pasadena-based Ameron unit employs about 700 people in the U.S, Europe, Australia and New Zealand and had sales of $210 million in 2005. PPG said the deal also includes Ameron's 40 percent ...