-

PPG Sells Traffic Equipment Manufacturer Eberle Design, Inc.

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has completed the divestiture of Eberle Design, Inc. (EDI) to Vance Street Capital. Terms of the transaction were not disclosed.

EDI is a leading manufacturer of electronic control system components used for managing traffic safety and detecting vehicles at intersections, and for parking and access, rail, and emergency vehicle applications. The company has approximately 150 employees and operates from a single location in Phoenix, Arizona. Vance Street will incorporate EDI into its Intelligent Transportation Systems (ITS) platform, which includes Polara Enterprises and Carmanah Technologies.

PPG acquired EDI in December 2020, along with the Ennis-Flint business. Ennis-Flint remains the core of PPG’s Traffic Solutions business unit and is not impacted by the sale of EDI.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for nearly 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 75 countries and reported net sales of $16.8 billion in 2021. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

CATEGORY Corporate

Contacts

Media Contact:
Mark Silvey
Corporate Communications
+1-412-434-3046
silvey@ppg.com

Investor Contact:
John Bruno
Investor Relations
+1-412-434-3466
jbruno@ppg.com
investor.ppg.com

PPG

NYSE:PPG

Release Versions

Contacts

Media Contact:
Mark Silvey
Corporate Communications
+1-412-434-3046
silvey@ppg.com

Investor Contact:
John Bruno
Investor Relations
+1-412-434-3466
jbruno@ppg.com
investor.ppg.com

More News From PPG

PPG reports first quarter 2026 financial results

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today reported financial results for the first quarter 2026. First Quarter 2026 Consolidated Results $ in millions, except EPS 1Q 2026 1Q 2025 YOY change Net sales $3,930 $3,684 +7% Net income (a) $382 $375 +2% Adjusted net income (a)(b) $411 $396 +4% EPS (a) $1.70 $1.64 +4% Adjusted EPS (a)(b) $1.83 $1.72 +6% (a) From continuing operations (b) Reconciliations of reported to adjusted figures are included below Chairman and CEO Comments Tim Knavish, PP...

PPG appoints Jamie Beggs as senior vice president and chief financial officer; succeeds Vince Morales

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that its Board of Directors has elected Jamie A. Beggs to serve as senior vice president and chief financial officer (CFO), effective July 6. Beggs is replacing Vincent J. Morales as CFO, who announced earlier his planned retirement which will also be July 6, following a distinguished 41-year career with PPG. Beggs and Morales will work closely together in the coming months to ensure a successful transition. Beggs will report to Timoth...

PPG highlights 2025 performance during annual meeting of shareholders

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today held its annual meeting of shareholders where Tim Knavish, PPG chairman and chief executive officer, highlighted the company’s 2025 performance. PPG achieved $15.9 billion in net sales, including a 2% increase in organic sales due to higher sales volumes and selling prices in all four quarters. This above-market performance was led by sales volume growth in the Performance Coatings segment in the Aerospace Coatings, Protective and Marine Coating...
Back to Newsroom