PPG is slashing almost 2,000 jobs and closing a facility in order to try to maximize profits.
What is PPG? They are the second largest manufacturer of paints and are based out of Pennsylvania. They own paint brands like Glidden, Olympic, Manor Hall and Liquid Nails.
According to Fox Business, PPG’s decision to eliminate these jobs and close facilities trims operation costs, as they also sell off a chunk of their architectural business.
The unnerving thing for PPG employees is that they don’t know if, or when, they will be laid off. PPG is keeping their next move under wraps.
The CEO of PPG, Tim Knavish, was sent in to try to clean up any panic with a statement.
“While these decisions are difficult, they are necessary to adjust our fixed cost base and to right-size our company,” he says.
The “right-sizing” of their company includes plans to sell its silicas products business and the architectural coatings business in the U.S. and Canada.
Basically, if you are going to the hardware or paint store to grab some paint, there are two brands that own the market: Sherwin-Williams and PPG. In order to keep the competition tight and the revenue up, PPG must trim the fat and shut down facilities in order to keep up with the rising costs of business.
23 Country Stars With Their Own Bars + Restaurants
Of all of the side hustles country artists could partake in, opening a bar or restaurant is the most fitting — and very common. After all, many of these stars got their start on a barstool, tip jar nearby, playing their music for anyone who would listen.
These places feel like home for many of these singers. Over the years, several artists have gotten into the bar or restaurant game, and for a select few, brands have turned into franchises with several locations and/or concepts — we’re looking at you, Jimmy Buffett!
Let’s take a look at the country star food and entertainment venues that have opened over the years.
Gallery Credit: Jess
The 10 Songs People Most Want to Hear on Their Death Beds — Including a Dolly Classic
It’s not something that most people want to openly discuss, but it is something that most people are interested in knowing. If given the chance to hear one final song on your deathbed, what song would that be? A charity organization asked a group of people this exact question, and these are the most popular songs chosen.
Gallery Credit: Evan Paul
In Memoriam: Country Stars Who Died in 2024
Take a moment to remember the country artists, songwriters and industry members who died in 2024.
Gallery Credit: Carena Liptak
Leave a Comment