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PPG Industries Inc to acquire High-Heat-Resistant Coatings Supplier

Monday, 3 Feb 2014 09:05am EST 

PPG Industries Inc:Says it has reached a definitive agreement to acquire substantially all of the assets of Hi-Temp Coatings Technology Co., Inc., a privately-owned supplier of high-temperature-resistant and insulative coatings, based in Boxborough, Mass.Says the transaction is expected to close in the first quarter, subject to customary closing conditions.Says financial terms were not disclosed. 

Company Quote

11.17 +5.81%
3:52pm EDT