Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales of $1,158.1 million for the fourth quarter of 2018 ended December 31, 2018, a decrease of 0.6 percent, including 3.3 percent negative foreign currency translation impact. Constant currency net sales increased 2.7 percent in the period, driven by 4.4 percent higher average selling prices, offset partly by […]
Robert Bryant Named Chief Executive Officer of Axalta
Sean Lannon named Chief Financial Officer. Axalta Coating Systems Ltd. (NYSE:AXTA) announced that its Board of Directors has named Robert Bryant Chief Executive Officer on a permanent basis, effective immediately. He had been serving as interim CEO since October 2018. Bryant was also appointed to serve on Axalta’s Board of Directors. Charlie Shaver, Axalta’s Chairman […]
Axalta’s Cromax Brand Added to Porsche Approval List
Porsche AG has added Cromax to its list of approved refinish paint brands, making all three of Axalta’s premium global refinish brands, Cromax, Spies Hecker and Standox, authorized for use by Porsche AG dealerships and body shops worldwide. Axalta has held technical approval with Porsche AG for more than 20 years with Spies Hecker and […]
Axalta Opens Regional Office and Refinish Training Center in West China
Axalta (NYSE:AXTA) announced it has opened a new regional office and expanded its Refinish Training Center in Chengdu, which is the Capital of Sichuan province in China. The new facilities provide customers in West China with greater access to advanced coating technologies and value-added services. West China has been a crucial part of China’s national […]
Axalta Introduces Integrated Video Tutorial System for ColorNet
Axalta (NYSE:AXTA) has added ColorCoach, a video tutorial system, to its ColorNet Color Retrieval System for North American refinish customers. ColorCoach provides users with helpful tutorials of system functionality and color tool use from inside the ColorNet application to maximize productivity in the shop. “Our color retrieval technology provides a single destination for customers to […]
Axalta Introduces Audurra Refinish Accessories in Europe
Axalta (NYSE:AXTA) announced it is launching its Audurra range of refinish accessories in Europe. The brand delivers a product portfolio tailored to complement the professional refinishing processes for both passenger cars and commercial vehicles. The result is a range of materials and tools that not only improve the standard of the refinish process, but also […]
Axalta Opens Research & Development Center at the Navy Yard in Philadelphia
New 175,000 sq. ft. facility will become home for coatings company’s global research initiatives. Axalta (NYSE:AXTA) today celebrated the official opening of its Global Innovation Center, the largest coatings research and development (R&D) center in the world, with a ribbon cutting ceremony. The 175,000-foot Global Innovation Center offers specialty labs, as well as office space. […]
Axalta Reports Refinish Sales Up 11.5% in Third Quarter
Axalta Coating Systems Ltd. (NYSE:AXTA) reported its refinish end-market net sales increased 11.5 percent to $440.7 million in the third quarter of 2018 that ended September 30 and increased 13.9 percent excluding foreign currency with significantly positive pricing coupled with mid-single digit volume growth. Axalta’s overall third quarter net sales of $1,139.3 million increased 4.4 […]
James Muse Promoted to VP, Global Refinish Sales at Axalta
Axalta (NYSE:AXTA) announced James (Jim) Muse has been promoted to Vice-President, Global Refinish Sales. In this new role, Muse will focus his leadership on the company’s growing global customer base and developing sales force excellence plans for teams around the world. In addition to these new responsibilities, Muse will retain accountability for several key Strategic […]
Axalta Opens New Refinish Office and Training Facility in South Africa
Axalta (NYSE:AXTA) announced the opening of its new South African central office in Midrand, Gauteng, South Africa, which is dedicated to automotive refinish coatings technology. Hannes Kloppers, Country Business Leader for Axalta in South Africa, says, “This is an exciting time for Axalta in South Africa and marks a huge milestone not only for us […]
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