PPG Industries (NYSE:PPG) announced today that IDG’s Computerworld has named the company to its 2014 “Best Places to Work in IT” list. For the second consecutive year, PPG is among 100 top organizations that challenge their IT staffs while providing exceptional benefits and compensation, according to the publication. The current issue of Computerworld features organizational profiles and results from the 21st annual Best Places to Work in IT survey. Notably, PPG ranked first for career development this year, up from second in this category for 2013. The publication noted PPG’s approach in working with IT staffers to develop personalized career plans and gain a broad range of work experiences. “PPG is honored to be named again among the world-class, innovative organizations on this list,” said Werner Baer, PPG vice president, information technology. “Our focus on employee development, innovation and global growth helps us create an environment offering opportunities for IT professionals at all levels. From paid internships to successful onboarding and development programs for both entry-level and experienced employees, the aptitude and culture of PPG’s IT function rival those of many top employers worldwide.” The Computerworld 2014 Best Places to Work in IT recognition is the latest earned by PPG’s IT organization. Earlier this month IDG's CIO magazine named PPG as a recipient of the 2014 CIO 100. About the Best Places to Work in IT listThe Best Places to Work in Information Technology (IT) list is an annual ranking of the top 100 work environments for technology professionals by IDG’s Computerworld. The list is compiled based on a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training and retention. In addition, Computerworld conducts extensive surveys of IT workers, and their responses factor heavily in determining the rankings. About ComputerworldComputerworld is the leading IT media brand helping Sr. IT, business decision-makers and key influencers navigate change with effective business strategy. Computerworld enables the IT value chain with unique editorial coverage from setting strategies to deriving value from core to edge technologies. Computerworld’s award-winning website ( www.computerworld.com), publication, focused conference series, custom solutions and research forms the hub of the world’s largest (40+ edition) global IT media network and provides opportunities for IT vendors to engage this audience. Computerworld leads the industry with an online audience of over 7.1 million monthly page views (Omniture, February 2013) and was recognized in BtoB’s 2013 Media Power 50 list; recognition Computerworld has received for more than 5 consecutive years. Computerworld is published by IDG Enterprise, a subsidiary of International Data Group (IDG), the world’s leading media, events and research company. Company information is available at www.idgenterprise.com. PPG: BRINGING INNOVATION TO THE SURFACE.™PPG Industries' vision is to continue to be the world’s leading coatings and specialty materials company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Net sales in 2013 were $15.1 billion. PPG shares are traded on the New York Stock Exchange (symbol:PPG). For more information, visit www.ppg.com and follow @PPGIndustries on Twitter. Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.Note: All product and company names are trademarks of their respective organizations.
Jefferies analysts note that recent construction spending data indicates a cycle rotation away from construction-exposed names and toward industrial- and durable goods-levered firms could be playing out.