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Fortune 500 company to buy KC manufacturer

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Fortune 500 company PPG Industries Inc. (NYSE: PPG) announced plans to purchase Kansas City, Kansas, manufacturer VersaFlex.

The financial terms of the deal were undisclosed. It's expected to close in the first quarter.

With $70 million in revenue last year, VersaFlex manufactures polyurea, epoxy and polyurethane coatings for transportation and other industries.

Read more from the Pittsburgh Business Times.

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