Axalta (NYSE:AXTA) opened its new coating manufacturing plant on April 4, at Savli, Vadodara in Gujarat, India. Approximately 70 guests, including local government officials, customers, university representatives, media, and employees attended the opening ceremony, which Axalta Chairman and CEO Charlie Shaver presided. The 5,200 square meter (56,000 sq. ft.) plant is part of Axalta’s Savli […]
Axalta Launches 10 eLearning Courses Offering I-CAR Credit
Axalta (NYSE:AXTA) announced that it is offering I-CAR’s Professional Development Program credit hours to collision repair professionals online to customers in the United States through its Axalta Learning Campus. “At Axalta, we’re always looking for innovative ways to help our customers grow their business and improve performance,” said Troy Weaver, Vice President, Axalta North America […]
Axalta Adds Distributor Courses to Virtual and In-Person Refinish Learning and Development Offerings
Axalta (NYSE:AXTA) today announced that it is extending its refinish Learning and Development offerings in North America to include new, interactive Live Virtual Training (LVT) courses designed specifically for distributors. Axalta now offers a full six months of eLearning, Live Virtual Training, Instructor-led and in-shop training options for both body shops and distributors. “Customer experience […]
Axalta Refinish Business Receives Global Leadership Award
Based on its recent analysis of automotive refinish coatings market, Frost & Sullivan recognized Axalta Coating Systems (NYSE:AXTA) with its 2017 Global Market Leadership Award. Axalta has successfully established itself as a leader in providing best-in-class products and superior customer value through its focus on continuous innovation and dedication to maintaining strong customer relationships. “Axalta’s […]
Axalta Acquires Manufacturing and Distribution Site in Sacramento
Facility will expand Axalta’s West Coast presence and support growth of industrial and refinish businesses Axalta (NYSE:AXTA) announced that it has acquired a state of the art manufacturing and distribution facility in Sacramento, Calif. to support growth in its North American Industrial and Refinish businesses. Financial terms of the transaction were not disclosed. “Axalta has […]
2018 Winter Olympic Athletes Sport Axalta Coatings
Axalta Coating Systems (NYSE:AXTA) has worked behind the scenes to provide coatings that are designed to protect and beautify ski equipment at the Winter Olympics taking place in Pyeongchang County, South Korea. This is not the first time Axalta’s coatings have proved themselves at a global sporting event. Last year, many of the skiers at […]
Axalta Reports Sales Up 7% in 2017
For the year, net sales were $4.35 billion, up 7.0 percent versus 2016, largely driven by acquisition contribution. Refinish up 4.7 percent in Q4 benefiting from currency translation. Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the fourth quarter and full year ended December 31. Axalta reported net sales of $1,164.8 million for […]
Axalta and Nippon Paint End Acquisition Talks
Axalta Coating Systems (NYSE:AXTA) yesterday confirmed that its previously announced discussions on a possible acquisition by Nippon Paint have ended. According to Axalta, Nippon Paint’s Board of Directors were unwilling to meet Axalta’s expectations regarding the value of the company and assume the financial leverage necessary for the deal. “Axalta is a premier company in […]
Axalta Confirms Acquisition Discussions with Nippon Paint
Following closely on the announcement that it had ended talks with AkzoNobel on a possible merger, Axalta Coating Systems (NYSE:AXTA) confirmed Wednesday, November 22 it has entered into discussions with Nippon Paint over a possible sale to the Japan-based coatings manufacturer. In a statement released Wednesday Axalta confirmed the discussions saying “Axalta today confirmed that […]
AkzoNobel and Axalta End Merger Discussions Without Agreement
AkzoNobel N.V. (OTCMKTS:AKZOY) and Axalta Coating Systems (NYSE:AXTA) announced this afternoon that they have ended their discussion into a possible merger without an agreement to combine the companies. On October 30, both AkzoNobel and Axalta confirmed they were engaged in discussions into a possible “merger of equals” of the two global coatings companies. According to […]