<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported) April 17, 2000
------------------------------
PPG INDUSTRIES, INC.
--------------------
(Exact name of registrant as specified in its charter)
Pennsylvania 1-1687 25-0730780
- --------------------------------------------------------------------------------
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
One PPG Place, Pittsburgh, Pennsylvania 15272
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zipcode)
Registrant's telephone number, including area code (412) 434-3131
----------------------------
Not Applicable
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events
------------
On April 17, 2000, PPG Industries, Inc. issued the press release attached
hereto as Exhibit 99, which is incorporated by reference herein.
Item 7. Exhibit
-------
(99) PPG Industries, Inc. press release dated April 17, 2000.
SIGNATURE
---------
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PPG INDUSTRIES, INC.
--------------------
(Registrant)
/s/ W. H. Hernandez
---------------------------------
W. H. Hernandez
Senior Vice President, Finance
Date: April 17, 2000
<PAGE>
Exhibit 99
John S. Ruch 1-412-434-2445 (office)
1-724-452-8834 (home)
[email protected]
PPG INDUSTRIES TO WRITE OFF
PITTSBURGH CORNING INVESTMENT
PITTSBURGH, April 17 -- PPG Industries will record an after-tax charge
against first-quarter earnings of about $35 million, or 20 cents a share, to
write off its investment in Pittsburgh Corning Corp., which has announced filing
a petition for reorganization under the federal bankruptcy code.
"The write-off simply represents a one-time loss on an investment that, for
a number of years, has produced insignificant earnings for PPG," said PPG
Chairman and Chief Executive Raymond W. LeBoeuf. "The potential loss to PPG
related to our Pittsburgh Corning investment was noted in our 1999 financial
reports. This one-time charge involves no cash payment and has no effect on PPG
sales."
Pittsburgh Corning is a producer of glass block and specialty glass
products. PPG and Corning Inc. each hold half of the company's shares.
Internet: www.ppg.com
