PPG announces price increase on industrial coatings products in North America

Pittsburgh-based PPG has announced it is raising prices an average of 6 percent on its industrial coatings in North America. The change is effective Nov. 1, or as permissible by contract, and applies to all industrial coatings end-use segments.

Significant increases in both raw material and labor costs have resulted in the need for price adjustments, according to Kevin Braun, PPG vice president, industrial coatings, Americas.

“While PPG continues to look for ways to respond to cost increases through more efficient operations, cost-control measures have not sufficiently offset rapidly rising costs in the supply chain,” said Braun.

Sales representatives will communicate price increase details to their customers for all affected products.