Date: 3 June 2008
GHX, which provides industrial gaskets and hoses to PPG's manufacturing operations in Lake Charles, La., is one of only eight suppliers being honored by the global manufacturer of paints, coatings, chemicals, optical products, specialty materials, glass and fiber glass. On an annual basis, PPG purchases almost $7 billion in materials and services from thousands of suppliers.
Jim Polak, PPG director, general purchasing, presented GHX with the Excellent Supplier Award trophy at the ceremony in Lake Charles, La.
“As a key supplier of industrial gaskets and hoses, the performance of GHX in 2007 was outstanding,” Polak said. “Their quality, service, delivery, documentation and innovation have been exceptional.”
Polak said GHX has provided outstanding service and value, with active participation in PPG’s Supplier Added Value Effort ($AVE) program that “consistently exceeds” the program’s 5-percent annual cost-reduction goal.
“Their technical support is exemplary, helping us specify the most cost-effective solutions for our applications,” Polak said. “We consider GHX a very reliable and important business partner view our relationship with them as a significant competitive advantage to PPG.”
“Winning the Excellent Supplier Award is recognition of GHX’s long-term commitment to PPG and a testament to the efforts of GHX’s 230 employees who consistently provide high-quality products and excellent service to our customers,” said Dan Ahuero, GHX president.
Recipients of PPG’s supplier awards are chosen by ratings and evaluations measuring quality, delivery, documentation, innovation, responsiveness and commercial value. Participation in the $AVE program, as well as other continuous improvements, play an increasingly important role in earning the award.
About GHX Industrial, LLC
GHX, headquartered in Houston, Texas, is a leading fabricator and supplier of industrial fluid transfer and sealing products in the Gulf Coast area, where it has served its customers for nearly 70 years. With fabrication capabilities at each of its locations, GHX provides quick response for customers critical repair needs. Additional information about GHX may be found on its web site at www.ghxinc.com.
GHX is a portfolio company of The CapStreet Group, LLC (CapStreet). CapStreet is a Houston-based private equity firm that invests in growing middle market companies in Texas and other Sunbelt states and partners with management to accelerate growth and improve profitability. Additional information about CapStreet can be found on its web site at www.capstreet.com.
About PPG
Pittsburgh-based PPG is a global supplier of paints, coatings, chemicals, optical products, specialty materials, glass and fiber glass. The company has more than 150 manufacturing facilities and equity affiliates and operates in more than 60 countries. PPG’s sales in 2007 were $11.2 billion. SigmaKalon, a worldwide coatings producer based in Uithoorn, Netherlands, that PPG acquired Jan. 2, 2008, had 2007 sales of $2.9 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com.
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