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You are here: Home / Archives for Axalta Coating Systems

Axalta Reports Sales Up 10.4% in First Quarter Compared to Last Year

April 28, 2022 By CollisionWeek Editor Leave a Comment

Refinish sales up 15.6% compared to 2021 and volume up 4%. Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales of $1,174.1 million for its first quarter ended March 31, an increase of 10.4% year-over-year, including a 3.0% foreign currency offset. The year-over-year growth was driven by 8.8% higher average price-mix, a 3.6% M&A benefit, and […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings

Wake Tech College Adds Collision Repair Degree Program at New Hendrick Center for Automotive Excellence

April 20, 2022 By CollisionWeek Editor

Wake Tech celebrated the opening of its new Hendrick Center for Automotive Excellence April 13. Governor Roy Cooper, automotive industry icon Rick Hendrick and other elected officials and industry partners cut the ribbon on the $42 million state-of-the-art facility on Wake Tech’s Scott Northern Wake Campus in Raleigh, N.C. The facility will allow the college […]

Filed Under: News Tagged With: Advance Auto Parts, Axalta Coating Systems, Career and Technical Education, Openings, Wake Tech Community College

Axalta Reports 2021 Sales of $4.4 Billion Up Over 18% from 2020

February 1, 2022 By CollisionWeek Editor

Company reports improved operating results despite continued supply chain challenges. Persistent inflation was partially offset by continued pricing gains. Axalta Coating Systems Ltd. (NYSE: AXTA) announced net sales of $1,137.2 million increased 5.8% year-over-year for its fourth quarter ended December 31. Net sales for the full year were $4,416.2 million, an increase of 18.2% year-over-year; […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings

Axalta Commits to New Sustainability Goals for 2030 and Carbon Neutrality by 2040

January 26, 2022 By CollisionWeek Editor

Axalta (NYSE:AXTA) announced its commitment to an absolute reduction of 50 percent of Scope 1 and 2 greenhouse gas (GHG) emissions by 2030, on its way to becoming carbon neutral in its operations by 2040 – one decade ahead of the deadline set by the Paris Agreement on Climate Change. In addition, the company has […]

Filed Under: News Tagged With: Axalta Coating Systems, Carbon Neutrality, Sustainability

Dr. Keith Silverman to Lead Operations and Supply Chain at Axalta

January 24, 2022 By CollisionWeek Editor

Axalta Coating Systems (NYSE:AXTA) today announced that Dr. Keith Silverman is joining Axalta as Senior Vice President & Chief Operations and Supply Chain Officer, effective immediately. “Keith is an outstanding leader with an impressive track record in leading operational excellence with a strong focus on safety and sustainability. He will lead Operations and Supply Chain, […]

Filed Under: News Tagged With: Axalta Coating Systems, People

Axalta Reports Preliminary Fourth Quarter and Full-Year 2021 Earnings

January 18, 2022 By CollisionWeek Editor

Axalta Coating Systems Ltd. (NYSE:AXTA) provided preliminary selected fourth quarter and full-year 2021 unaudited financial updates. Results in the period reflect impacts from greater than previously forecasted raw material inflation and supply chain constraints relative to guidance initially provided on October 25, 2021. Axalta expects Net Sales growth of 5.8% for Q4, ~7% excluding foreign […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings

CIECA Announces New Members of Board of Trustee

January 3, 2022 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) announced today that several CIECA Board of Trustees member companies named new representatives to sit on the board in 2022. “We welcome all of the new representatives to CIECA’s Board of Trustees,” said Paul Barry, CIECA’s executive director. “Their diverse backgrounds will enable them to best support CIECA’s […]

Filed Under: News Tagged With: Allstate Insurance, Axalta Coating Systems, Board of Trustees, CCC, Collision Industry Electronic Commerce Association, OEConnection, People, Society of Collision Repair Specialists, Solera

Axalta’s Jim Ocampo Elected to Collision Industry Foundation Board of Trustees

November 30, 2021 By CollisionWeek Editor

The Collision Industry Foundation (CIF) announced the election of Jim Ocampo, Industry Relations / Strategic Sales Manager at Axalta Coating Systems, to the CIF Board of Trustees. CIF provides emergency relief by securing and distributing donations to collision repair professionals who have experienced significant losses due to natural disasters or other catastrophic events. During his […]

Filed Under: News Tagged With: Axalta Coating Systems, Collision Industry Foundation, People

Axalta Net Sales Up 6% in Third Quarter

October 26, 2021 By CollisionWeek Editor

Supply chain challenges continue to impact results, particularly within mobility coatings. Axalta Coating Systems Ltd. (NYSE:AXTA) announced net sales of $1,088.6 million increased 6.0% for the third quarter ended September 30 compared to the previous year, including a 1.3% foreign currency benefit, driven by 4.5% higher average price and product mix and a 1.8% M&A […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings

Axalta Announces Prepper to Painter Training Course

October 22, 2021 By CollisionWeek Editor

Refinish North America introduced a new Prepper to Painter Application Course. Offered through online and in-person blended learning, the new program teaches refinish fundamentals to individuals who have some body shop experience. Upon course completion, an existing shop prepper will be able to transition into a painting role to help busy collision centers get more […]

Filed Under: News Tagged With: Axalta Coating Systems, Online Training, Technical Training

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