PPG has long been known as an industry innovator and this has once again been acknowledged with the global paints, coatings and specialty materials company appearing on Fortune magazine’s ‘America’s Most Innovative Companies’ list.
In total, over 40,000 people participated by completing online survey panels where employees could score their own company.
After evaluation by a panel of 2,500 experts, the 300 companies with the best overall score were listed. PPG ranked No. 49 in the product category, where product innovation included the evaluation of a company’s products and services, covering attractiveness, design to usability and uniqueness.
Overall PPG placed No. 194, with the total score being derived from an analysis of the company’s intellectual property portfolio and the opinion of experts, customers and potential customers.
“With more than 1,320 granted US patents and 41 per cent of sales from sustainably advantaged solutions, we view innovation as the lifeblood of our growth strategy,” PPG senior vice president and chief technology officer, David Bem, said.
“We are constantly evaluating the needs of our customers and developing industry-leading innovations that support their sustainability and productivity ambitions.”