Axalta (NYSE:AXTA) broke ground for construction of a state-of-the-art coatings facility in Jilin City, Jilin Province, North China. The 46,000-square-meter new plant will produce mobility coatings to support growing customer demand in China for light vehicles, commercial vehicles, and automotive plastic components. “Our new plant in Jilin is another building block supporting our ambitious growth […]
Axalta Completes U-POL Acquisition
Axalta Coating Systems (NYSE:AXTA) announced that it has successfully completed the previously announced acquisition of U-POL Holdings Limited. The acquisition of U-POL, a supplier of paint, protective coatings and accessories primarily for the automotive aftermarket, strengthens Axalta’s global refinish leadership position and supports its broader growth strategy. “The acquisition of U-POL is another step in […]
Bill Cook Assumes Chair Role on Axalta Board of Directors
Mark Garrett steps down from board. Axalta Coating Systems (NYSE:AXTA) announced that Mark Garrett has stepped down as a member and Chair of its Board of Directors, effective August 26 due to his increasing professional commitments in Europe. The Board has appointed William M. Cook as its new Chair, effective upon Mr. Garrett’s resignation. “It […]
Axalta Reports Reports Sales Up 72.6% in Second Quarter over Pandemic Impacted 2020
Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales of $1,126.8 million for its second quarter ended June 30, an increase of 72.6% year-over-year, including a 5.3% foreign currency benefit, driven by 56.4% higher volumes and 9.3% higher average price and product mix. The company reported that volume growth across all end-markets was driven by ongoing […]
Axalta Acquires U-POL
The UK-based refinish product manufacturer does business in over 100 countries and expects 2021 fiscal net sales of $145 million. Axalta Coating Systems (NYSE: AXTA) today announced that it will acquire U-POL Holdings Limited from Graphite Capital Management LLP and other holders for £428 million ($590 million) subject to certain adjustments set forth in the […]
Axalta’s Tom McGarry to Retire July 16
Tom McGarry, North America Marketing and Strategy Manager for Axalta Coating Systems announced he will retire on July 16, after 34 years in the automotive paint industry and 15 years in the automotive mechanical industry. McGarry first joined Sherwin Williams in 1987 as a Branch Manager in Toledo, Ohio. He was promoted to Regional Jobber […]
Axalta Offers Collision Repair Trade School Instructor VIP Virtual Workshop July 13-15
Axalta Coating Systems (NYSE:AXTA) is inviting collision repair trade school instructors in the U.S. and Canada to participate in the 2021 North American Trade School Instructor VIP Workshop, an interactive learning experience open to instructors of all paint brands. This year’s event will feature virtual sessions and take place July 13-15, with sessions running from […]
Axalta Unveils Fully Automated Color Mixing Process for Customers in EMEA
Axalta Coating Systems (NYSE: AXTA) announced it will make available pre-filled bottles of basecoat from its industry leading premium refinish brands for Fillon Technologies’ new Daisy Wheel 3.0, enabling fully automated color mixing for the first time for its customers across Europe, the Middle East and Africa (EMEA). Daisy Wheel, a 100% fully-automatic mixing machine, […]
Jun Liao Named Regional President, Asia Pacific at Axalta
Axalta Coating Systems Ltd. (NYSE: AXTA) announced that Jun Liao is joining the Company as Regional President, Asia-Pacific effective July 15. Liao will report directly to CEO Robert Bryant and will manage all of Axalta’s business operations in the Asia-Pacific region and drive the Company’s growth strategy in the region. “Asia Pacific represents one of […]
Tyrone Michael Jordan Joins Axalta Board of Directors
Axalta Coating Systems (NYSE:AXTA) announced that Tyrone Michael Jordan (TJ) has been appointed to its Board of Directors, effective immediately. He will serve on the Company’s Environment, Health, Safety & Sustainability Committee and Nominating and Corporate Governance Committee. “We are extremely pleased to welcome TJ to the Axalta Board of Directors and look forward to […]
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