PPG Industries plans to invest $60 million in a new manufacturing facility and commercial operation for its coatings business in the Lipetsk region of Russia. The company expects the project to be completed in the second half of 2015. The facility is expected to employ more than 150 people and will manufacture a variety of industrial and performance coatings.
The Lipetsk facility is expected to help the company directly meet growing local demand for its coatings products.
Lipetsk is home to a large Indesit Company appliance manufacturing and logistics hub.
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