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PPG Industries reported record third quarter sales of $2.8 billion, a 13% increase over the prior year. Net income was $191 million, comprised of $215 million from continuing operations and a $24 million loss from discontinued operations. All of PPG's business segments saw sales increases and earnings growth of at least 4% compared to the previous year. PPG expects the North American economy to soften but still provide slight growth, while economies outside of North America will provide consistent opportunities for solid growth. Two pending transactions will significantly shift PPG's geographic presence and focus its portfolio on coatings and optical/specialty products.



