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PPG May 2024 160.000 put
| Previous close | 15.60 |
| Open | 16.60 |
| Bid | 18.30 |
| Ask | 22.10 |
| Strike | 160.00 |
| Expiry date | 2024-05-17 |
| Day's range | 15.60 - 16.60 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Reuters
PPG Industries to invest $300 million to boost manufacturing in North America
This investment includes the construction of a new manufacturing facility in Tennessee. Automakers are selling more cars as people seek new vehicles for personal use after the pandemic. This demand is good news for companies such as PPG, which supplies paint and coatings for the automotive industry, boosting their profits.
Business WirePPG to build new paint and coatings manufacturing facility in Tennessee as part of $300 million investment in advanced manufacturing in North America
PITTSBURGH, May 21, 2024--PPG (NYSE: PPG) today announced it will invest $300 million in advanced manufacturing in North America to support increased demand for paints and coatings in the automotive industry. These investments will commence in 2024 and span a four-year period.
ZacksInsiders Are Buying These 3 Stocks
Many investors closely monitor insider buys, as they can provide a high level of confidence and conviction. And recently, insiders of these three companies have scooped up shares.
