MOSCOW (MRC) -- PPG COMEX has announced that it has completed a USD1.8 million investment at a new distribution center in Chihuahua, Mexico, as per TaiwanNews.
The 49,000 square foot (4,600 square meter) facility located in the northern part of Mexico will be utilized for more than 15,000 unique paint and coatings products. It is the brand’s seventh distribution center in the country.
Located in the Chihuahua Industrial Complex, the center serves more than 125 PPG Comex stores located in the cities of Bocoyna, Camargo, Chihuahua, Cuauhtemoc, Delicias, Guerrero, Hidalgo del Parral, Jimenez, Juarez, Madera, Meoqui, Ojinaga and Santa Isabel. Its central location reduces transportation time to the stores by up to 85 percent, helping PPG Comex meet its promise to fulfill orders from each of its nearly 4,500 stores in Mexico within 24 hours.
"Chihuahua, which is the fifth largest economy in the country, has maintained double-digit growth over the past three years and represents a strategic opportunity for PPG," said Henrik Bergstrom, president, PPG Comex. "With this new center, we have consolidated our distribution strategy to move 1.3 million gallons of paint daily within Mexico so we can better serve our customers."
Bergstrom indicated that PPG Comex will continue to strengthen its position as one of the largest retailers in Mexico, facilitating the renovation of 160,000 homes each day. Joining PPG Comex leaders at the center’s inauguration were representatives from the Chihuahua state government.
"We provide the latest paint and coatings technologies to protect and beautify, and we offer the highest level of professional and technical support to ensure our customers are fully satisfied," Bergstrom said.
PPG Comex employs approximately 4,500 people in Mexico at its company-owned stores, six manufacturing facilities, four training centers and three research centers. It is a leader in the manufacture, marketing and distribution of decorative paints, waterproofing products, wood care products, industrial coatings and accessories. The brand is celebrating its 65 th anniversary in 2018.
As MRC wrote previously, in November 2016, PPG announced that it had reached an agreement with the Emerging Europe Accession Fund (EEAF) to acquire DEUTEK S.A., a leading Romanian paint and architectural coatings manufacturer.
PPG Industries, Inc. (PPG) is a global supplier of protective and decorative coatings. Performance Coatings, Industrial Coatings and Architectural Coatings- EMEA segments supply protective and decorative finishes for customers in a range of end use markets, including industrial equipment, appliances and packaging; factory-finished aluminum extrusions and steel and aluminum. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in nearly 70 countries around the world.