PPG Industries said it has an agreement to buy Deft Inc., a California-based maker of coatings for aerospace and industrial applications.
Terms were not disclosed.
Deft, a privately held company which also produces a line of polyurethanes and wood stains for contractors and consumers, has 140 employees and is headquartered in Irvine, Calif. It also operates a plant in Alliance, Ohio.
PPG expects the deal to close in the second quarter.
Joyce Gannon: email@example.com or 412-263-1580.