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42-439: Named for its anchor tenant, PPG Industries , which initiated the project for its headquarters, the buildings are all of matching glass design consisting of 19,750 pieces of glass. The complex centers on One PPG Place, a 40-story office building. Groundbreaking ceremonies occurred on January 28, 1981. The complex buildings opened between 1983 and 1984, and a dedication ceremony took place on April 11, 1984. Total cost of construction

84-531: A deal, to purchase Mexican Consorcio Comex, S.A. de C.V. (“ Comex ”) for $ 2.3 billion In April 2015, PPG Industries completed the acquisition of REVOCOAT, a global supplier of sealants. Chuck Bunch remains Executive Chairman , while Michael McGarry serves as President & CEO. In July 2016, PPG announced its sale of the flat glass business to Vitro , a glass manufacturer based in Mexico, for $ 750 million. In October 2016, Pittsburgh Post-Gazette announced

126-567: A net profit for each fiscal year in the period 2013 to 2022. In November 2010, PPG agreed to remove 700,000 tons of toxic waste from Canal Crossing , a brownfield site in Jersey City, New Jersey where the company operated a chromium processing plant between 1954 and 1963. Stringent standards were agreed to in a federal court settlement. Lime Lake Reclamation Project of PPG Industries in Barberton, Ohio, received special awards in

168-491: A record of €82.95 per share. Akzo shareholder Columbia Threadneedle Investments urged the company to open dialogue with PPG, whilst PPG claimed that the deal would add to earning within its first year. Great Britain's largest pension scheme investors, Universities Superannuation Scheme (USS), urged Akzo to engage with PPG. On 2 May, Reuters revealed that the supervisory board of Akzo was meeting to discuss how to deal with PPG's third offer, still maintaining it did not value

210-410: Is a 40-story tower, with PPG Industries occupying half of the space. The complex also contains a 14-story building, and four 6-story structures. PPG Industries also uses space in one of the other buildings. The lobby of One PPG is a 50-foot (15 m)-high entrance that features red glass. The building has 21 elevators, each with walls constructed of clear glass panels enclosing fractured glass. In total,

252-649: The Pittsburgh City Paper voted PPG Place as the best building in Pittsburgh. In 2005, when the vacancy rate of downtown offices was around 20%, PPG Place was between 87 and 89% full. The management company was able to attract out-of-town corporations to relocate operations to Pittsburgh. News America Marketing, a subsidiary of News Corporation , occupies 5,800 square feet (540 m). Local Kennametal Inc. rented office space, and LandAmerica Financial Group relocated several area office locations to

294-583: The Boulevard of the Allies on its north and south sides, and Stanwix Street and Wood Street to its east and west. The complex consists of six buildings, which surround an open-air plaza: One PPG Place includes the Wintergarden, an 8,000 square feet (740 m) event space with vaulted glass ceilings. While the Wintergarden is part of One PPG Place, it does not sit within the 40-story tower portion of

336-563: The CART Indy car series from 1980 to 1997. The company has been a partner of Team Penske in CART, IndyCar Series and NASCAR Cup Series since 1984. Since the race's inception in 1994, PPG has sponsored the trophy for the Brickyard 400 . On October 4, 2016, it was announced that The Consol Energy Center in Pittsburgh would be giving up its naming rights, and transferred to PPG, making

378-467: The neogothic style but with modern innovations, the complex had many inspirations, including London 's Victoria Tower , and H.H. Richardson's Allegheny County Courthouse and Charles Klauder 's Cathedral of Learning in Pittsburgh. Before the building was constructed, an 8-foot-tall, 600 pound model was made, with glass cut at the Ford City PPG works. During demolition and preparation of

420-487: The 12th floor of One PPG Place. Carnegie Mellon University operates alumni relations from the complex. PPG Industries PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints , coatings , and specialty materials . With headquarters in Pittsburgh, Pennsylvania , PPG operates in more than 70 countries around the globe. By revenue it is the second largest coatings company in

462-654: The Chairman of Akzo, Antony Burgmans , following Akzo's refusal to enter talks with PPG. Elliott, which has a 3.25% stake in the company, claimed it was one of a group of investors that met the Dutch legal threshold of 10% voting-share support, which is needed to call an extraordinary meeting to vote on a proposal to remove Burgmans. On April 13, Templeton Global Equity said it was among another group of investors calling for an extraordinary meeting of AkzoNobel shareholders to discuss Burgmans' continued tenure as chairman. Later in

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504-658: The National Beneficial Use of Biosolids Program from Environmental Protection Agency ’s (EPA) region 5 in 1998. According to the book Strangers in Their Own Land by Arlie Russell Hochschild , Pittsburgh Plate Glass ordered employees to dump toxic tar in Bayou D'Inde in Lake Charles, Louisiana . PPG has been involved in sports for numerous years, including being the primary sponsor for

546-877: The SigmaKalon Group of companies for $ 3.2 billion from private investment firm Bain Capital , strongly increasing its paint and specialty coatings business. In 2008, PPG renamed their automotive glass division PGW (Pittsburgh Glass Works) and sold a majority of it to Kohlberg & Company . PPG retained 40% ownership of PGW until March 2016 when they sold their stake to automotive parts salvage company LKQ Corporation . In 2012, PPG acquired Dyrup A/S , founded in Denmark in 1928 as S. Dyrup & Co A/S by Sigurd Dyrup and Axel Monberg and Ejnar Thorsen of MT Højgaard , some of whose brands are Dyrup, GORI (outdoor woodcare paint), and Bondex. In April 2013, PPG completed

588-547: The acquisition of AkzoNobel North American architectural coatings business including Glidden , Liquid Nails, and Flood brands. 2013 revenue was US$ 15.1 billion, while assets were US$ 15.9 billion. On April 1, 2014, PPG finalized the sale of Transitions Optical to its joint venture partner, Essilor International of France; however, PPG's technical center in Monroeville will continue to provide research and development services for Transitions. On November 5, 2014, PPG closed

630-600: The acquisition of Wörwag, a German coating manufacturer. On October 17, 2024, PPG announced its intent to sell its architectural coatings business in the U.S. and Canada to American Industrial Partners for $ 550 million. Brands included in the sale are Glidden , Dulux (in Canada), Liquid Nails, Homax, Pittsburgh Paints and Stains, Flood, Sico and Manor Hall. The sale also includes 750 company owned retail stores, 6,600 independent dealer stores, and shelf facings at 8,100 retail and home improvement store locations. PPG reported

672-422: The acquisition of the naming rights to Consol Energy Center by PPG; the facility will be known as PPG Paints Arena . In September 2017, PPG announced the sale of its remaining fiberglass operations to Nippon Electric Glass for $ 541 million. This was following PPG's 2016 sale of its European fiberglass operations to NEG, and divesting its ownership in two other Asian fiberglass joint ventures. In March 2017,

714-605: The aerospace business has annual sales of approximately $ 240 million, employs 1,200 people. It manufactures sealants in Glendale, California and Shildon , England; coatings and sealants in Mojave , California; glazing sealants at Gloucester City , New Jersey; and coatings at Gonfreville, France . The business also operates 14 application-support centers located in North America, Europe, Africa, Asia, and Australia. In 2006,

756-636: The arena named the PPG Paints Arena . PPG also partners with Formula 1 racing teams. They have a partnership with Williams F1 Team since 2017. PPG is the prime sponsor of John Force Racing and makes all their cars and paints and decals them before each NHRA race. Market Square, Pittsburgh Market Square is a public space located in Downtown Pittsburgh at the intersection of Forbes Avenue (originally named Diamond Way in colonial times) and Market Street. The square

798-403: The building. Instead, it is attached to the side of the tower, facing Stanwix Street. PPG Place is directly adjacent to Market Square , creating a large and popular public space in downtown Pittsburgh. The one-acre (4,000 m) PPG Place Plaza sits between Third Avenue and Fourth Avenue . The plaza features a fountain with 140 water jets and uses 280 underground lights. Opened in 2003, it

840-706: The city of Pittsburgh designated the area a historic landmark in an attempt to retain the square's crumbling architecture and style. Major renovation work began in August 2009 to transform the square into a European-style piazza, completely reopening in late 2010. All vehicle traffic was diverted around the square to increase pedestrian-friendliness, and more outdoor seating was provided. Nearby, new apartments, condominiums and office space with ground-level retail have been fitted into historic buildings. Renovations accelerated growth of Market Square, and numerous restaurants opened in 2011, further increasing social activity within

882-535: The company highly enough. In early May, Akzo again rejected PPG's bid, citing the deal still undervalues the company, as well as potentially facing antitrust risks, and not addressing other concerns such as "cultural differences". Under Dutch company law, PPG must now decide to either make a formal bid or walk away. In early June PPG chose to abandon pursuit. In 2020, PPG won an Adhesives and Sealants Council (ASC) Innovation Award for "High Strength, Highly Ductile Structural Adhesive PR 2930". In May 2021, PPG completed

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924-480: The company is a multibillion-dollar, Fortune 500 corporation with 150 manufacturing locations around the world. It now produces coatings , glass , fiberglass , and other chemicals. Pitcairn served as a director of PPG from its start, its president from 1897 to 1905, and chairman of the board from 1894 until his death in 1916. Ditzler Color Company, established in 1902 in Detroit as an automotive color concern,

966-410: The company launched an unsolicited takeover bid of €20.9 billion, which was promptly rejected by AkzoNobel's management. Days later, the company launched an increased bid of €24.5 billion, which was again rejected by AkzoNobel's management. A number of shareholders urged AkzoNobel to explore the offer and subsequent negotiations. In April, activist investor Elliott Investors called for the removal of

1008-401: The company rolled out a two-tiered pay system which resulted in massive strikes at union locations across the country. The system, now in place company-wide for non-salaried employees, provides lower rates of pay and fewer benefits to those employed after the roll-out than those employed before the roll-out. In West Virginia, after a bitter five-month strike, the company still refused to eliminate

1050-468: The complex cost $ 200 million. The design of the building not only made it distinct, but created high energy-efficiency. Heat in the summer is reflected away from the building by the glass, while in winter infrared heat is reflected and contained within the building. The surface walls feature a barrier construction that effectively separates the interior walls from the exterior. The building also collects heat from computer equipment and recycles it throughout

1092-519: The early 1800s as the early settlement expanded and the wells went dry. The site was the home of the four-story Guskey's Department Store for much of the 20th century. The buildings are recognized by their 231 glass spires, with the largest one 82 feet (25 m) tall. Also notable are the surfaces of reflective insulating glass, that served to advertise the project's founder. The buildings contain over one million square feet of PPG's Solarban 550 Twindow - 19,750 pieces. The primary building, One PPG Place,

1134-401: The eastern half of the square. It also was the site of the original city hall for the borough and then city of Pittsburgh until May 22, 1872 when the second city hall opened at Oliver and Smithfield. The Courthouse was abandoned at the square in 1836 after the completion of a new county seat, and sold to private interests at auction on August 11, 1841. On May 26, 1858 the city hall/courthouse

1176-455: The plate process. PPG was also the world's first plate glass plant to power its furnaces with locally produced natural gas , an innovation which rapidly stimulated widespread industrial use of the cleaner-burning fuel. PPG expanded quickly. By 1900, known as the "Glass Trust", it included 10 plants, had a 65 percent share of the U.S. plate glass market, and had become the nation's second largest producer of paint. Today, known as PPG Industries,

1218-546: The same month Akzo outlined its plan to separate its chemicals division and pay shareholders €1.6 billion in extra dividends, in order to attempt to hold off PPG. The new Akzo strategy was dismissed by PPG, which claimed that their offer represented better value for shareholders, supported by activist Akzo shareholder Elliot Advisors. On April 24, a day before Akzo's annual meeting of shareholders, PPG increased its final offer by approximately 8% to $ 28.8 billion (€26.9 billion, €96.75 per share), with Akzo's share price rising 6% to

1260-493: The site, a team of University of Pittsburgh anthropologists collected over 10,000 artifacts dating to the 18th century in what was the Kings Garden and Kings Orchard about 1,000 feet from the gate to Fort Pitt , as well as many medical instruments denoting facilities in the area. The team also discovered several stone-lined wells and cisterns dating to around 1800 that were subsequently filled with refuse and artifacts in

1302-464: The square, while housing units and offices occupy upper levels. George Woods and Thomas Vickroy, while creating the city block plan for streets in Pittsburgh's core , created Market Square in 1784. It was known originally as "Diamond Square" or "Diamond Market" for the Scotch-Irish idiom "Diamond" representing a public commons or square. By the mid-1790s, the first Allegheny County Courthouse

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1344-421: The square. Market Square is a frequent location for local events and celebrations, including a farmers' market held every Thursday and a Christmas village. The square also holds many temporary non-repeating events; as an example, in the lead up to the reviving of an airline route between Pittsburgh International and London Heathrow , British Airways launched a promotional British-style telephone booth in

1386-520: The structure. Construction of the building highlighted Pittsburgh's " Renaissance II period ", which saw the Pittsburgh economy weather steel mill closures, while Pittsburgh Plate Glass remained a Fortune 500 company. Office space opened in August 1983, the retail shops opened in November 1984, and the complex was dedicated on April 11, 1984. PPG Place sits on six city blocks ( 5 + 1 ⁄ 2 acres, 22,000 m) bound by Forbes Avenue and

1428-478: The surface is over 6,000 square feet (560 m) larger than the famous rink in New York's Rockefeller Center . Upon completion of the project, architectural critics and the media called PPG Place "the crown jewel in Pittsburgh's skyline," "the towering success of downtown Pittsburgh," and "one of the most ambitious, sensitive and public spirited urban developments since Rockefeller Center ." In 2006, readers of

1470-597: The two-tiered system. In Lake Charles, Louisiana, the employment contracts of union employees had to be extended during a strike regarding the two-tiered system. In 2007, the company was involved in a lawsuit on failing to disclose a purchase reduction of its two major auto glass customers. In 2007, PPG in Australia acquired Barloworld Coatings (Australia) Pty Limited, producer of the Taubmans, Bristol, and White Knight brands of paint. On 2 January 2008, PPG acquired

1512-667: The world behind Sherwin-Williams . It is headquartered in PPG Place , an office and retail complex in downtown Pittsburgh, and is known for its glass facade designed by Postmodern architect Philip Johnson . Pittsburgh Plate Glass Company was founded in 1883 by Captain John Baptiste Ford and John Pitcairn, Jr. , at Creighton, Pennsylvania . PPG soon became the United States' first commercially successful producer of high-quality, thick flat glass using

1554-483: Was $ 200 million ($ 631.4 million today). The buildings were sold by The Hillman Company to Highwoods Properties in 2011. The project was started by PPG Industries (formerly Pittsburgh Plate Glass Company) to serve as the company's headquarters, after being based in Downtown Pittsburgh since 1895. The company contracted the project to architect Philip Johnson and his partner John Burgee . Designed in

1596-615: Was constructed in Market Square. It was occupied until 1836 when construction was completed on a Grant Street complex several blocks away. On December 7, 1791, the United States District Court for the Western District of Pennsylvania gaveled in its very first session at the square. On July 8, 1794, the newly formed "borough" of Pittsburgh established a "Public Market House and Stalls" on

1638-418: Was designed by WET and SWA Group landscape architecture and urban design. At the center of the fountain is a pink granite obelisk. During the winter months, the plaza is converted into an ice skating rink. The rink opened on December 10, 2001, and has become a popular seasonal attraction in downtown. A 60-foot (18 m) Christmas tree is in the center of the rink. At 13,456 square feet (1,250.1 m),

1680-533: Was home to the first courthouse, first jail (both in 1795) and the first newspaper (1786) west of the Atlantic Plain , the Pittsburgh Gazette . A public/private modernization in the late 2000s has re-established the square as a social and cultural hub. A great number of restaurants, ranging from fast casual to fine dining , cafes and retailers occupy ground level buildings immediately facing

1722-591: Was purchased by Pittsburgh Plate Glass Company (now PPG) in 1928. On 19 December 1968 the company changed its name to PPG Industries, Inc., to show its diverse offerings. In the mid-1980s, Cipisa, a Spanish paint company was acquired and renamed PPG Ibérica and its CEO, Pere Nadal Carres, became CEO of PPG Ibérica. In 1990 PPG founded Transitions Optical as a joint venture with Essilor . In October 2000, PPG Industries announced it had agreed to buy Courtaulds Aerospace for $ 512.5 million. Based in Glendale , California,

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1764-501: Was the host of the conference of Presbyterians that led to the merger forming the United Presbyterian Church of North America . Throughout the 19th and 20th centuries, Market Square provided a central location in the city, hosting much social and economic activity. By the mid-1970s, however, Market Square was in a state of decline resulting from increased traffic, crime and business closures. Preservationists and

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