PPG is dying?

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  • January 7, 2012 at 2:11 pm #35156

    Here’s an interesting article about brands expected to waste away in the next year….. possibly…….

    At any rate, I thought it interesting. :teach

    http://finance.yahoo.com/blogs/daily-ticker/prediction-famous-brands-disappear-2012-010414512.html

    January 7, 2012 at 4:52 pm #35158

    And based on the title I just thought you were talking about what their Clears do :rofl :rofl

    January 7, 2012 at 6:47 pm #35160

    [quote=”ding” post=24519]And based on the title I just thought you were talking about what their Clears do :rofl :rofl[/quote]

    Funny, thats the first thing I thought of too. Actually, I just realized I’m wearing a PPG T-Shirt…with a big hole in the arm pit :lol1

    January 7, 2012 at 11:32 pm #35165

    Okay Timbo 😡

    January 7, 2012 at 11:41 pm #35166

    Highly unlikely. The price im paying for their products, someone is making money :whistle:

    January 8, 2012 at 7:26 am #35176

    their just pissed cause folks don’t know them like dupont is well known. however their clears do die, in a blink of a eye too.

    January 8, 2012 at 8:28 am #35178

    That’s the reason they’r probably going under

    January 8, 2012 at 10:18 am #35179

    ya the 9.1% increase this year was a bit crazy. but they got balls enough to charge that much they are not worried about pissing anyone off. I highly Doubt that they will go out of buisness but like the article said it was not looking at the company as a whole just the parent company meaning the plate glass side.

    January 8, 2012 at 7:01 pm #35180

    Yea, my rep told me last year their net income was 18.1 billion :blink:

    January 8, 2012 at 9:08 pm #35182

    Their income is irrelevant if they are spending beyond it they are posting a loss. That said, suggesting several companies “successful in their own worlds” going under because their holding company remains unknown to the masses is ridiculous. It’s not a holding companies job to be a brand name. that’s the brands (companies in holding) job. This article might have come off as more legit if it didn’t take the woes of Sears and Kodak and try to say all these other organizations are having the same problems. IMO an easier target would have been Dupont or Basf and I don’t think those guys are going anywhere this year either. Kodaks problem is they failed to capitalize on the digital craze and have faded to black. My favorite argument is the one for steelcase. [quote]”They make wonderful products. They’re a U.S.-based company. They’ve been able to withstand the ups and downs of the office furniture industry. I just don’t think they have a strong corporate brand.”[/quote]. well holy shit lets shut er down people because that guy over there who doesn’t know his head from his ass said that we don’t know how to sell billions of dollars of furniture to corporate offices every year even though we have been successfully for years. thank god for the business insider :wak

    January 8, 2012 at 10:44 pm #35184

    Ya, I agree I thought the whole story was a bunch of bullchit.

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