PPG will sell automobile glass business expects with dedicated Yu Tu with busine

A few days ago, PPG industry company and the private equity that are located in MountKisco of city of American new York invest company Kohlberg & Company, a fund that manages below LLC banner signs an agreement, its automobile glass business sells Kohlberg new a company that establish. PPG will get ready money 330 million U.S. dollor and new company make an appointment with the equity of 40% .

"This trades is the another important step that PPG gives to finish business transition to stride, " chairman of board of directors of PPG industry company holds presiding apparitor CharlesE.Bunch concurrently to point out, "This makes us OK makings of more dedicated Yu Tu and business of special type product, reduce American car market to be affected to ours significantly. " PPG company shows, will sell this earning ready money is used at company whole development.