Axalta Coating Systems (NYSE:AXTA) announced it has signed an agreement to acquire CH Coatings AG, an importer and distributor throughout Switzerland of Spies Hecker, one of Axalta’s refinish brands, in addition to Axalta’s line of industrial coatings and powder coatings. “CH Coatings has been successfully operating throughout Switzerland for many years and, like Axalta, always […]
BMW Renews Approval of Axalta Refinish Brands in 40 Countries
BMW Group has renewed its approval of the Axalta Coating Systems (NYSE:AXTA) Spies Hecker and Standox brands for the repair of BMW passenger cars. The endorsement applies to the BMW Group service network in 40 countries around the world, from Albania to the United Arab Emirates, and follows a series of rigorous tests of both […]
Axalta Opens Customer Experience Center in North Carolina
Axalta Coating Systems (NYSE:AXTA) held the grand opening of its Customer Experience Center on May 16, in Concord, N.C. Charlie Shaver, Axalta Chairman and Chief Executive Officer and Michael Carr, Axalta President-North America officiated the opening program with special guests Jeff Gordon, four-time NASCAR Cup Series champion, and Rick Hendrick, owner of 12-time Cup champion […]
Axalta Announces Winner of 2016 Refinish Sustainable Star Award
Axalta Coating Systems (NYSE:AXTA) announced that Marshall Auto Body of Waukesha, Wisc. has been named the 2016 Sustainable Star Award winner. In its inaugural year, the award recognizes refinish customers in North America that implement sustainable initiatives to not only benefit the bottom line, but also assist in preserving the environment. Marshall Auto Body is […]
Axalta Opens Americas Technology Center at Michigan Facility
Axalta Coating Systems (NYSE:AXTA) held the grand opening event of its Americas Technology Center (ATC) located at its Mount Clemens, Mich. manufacturing and research complex. The ATC will provide product research and development resources dedicated to customers across the Western Hemisphere as one of the company’s four principal global technology centers. The ATC project was […]
Opel Approves Axalta Coating Systems Global Refinish Brands in Belgium and Luxembourg
Cromax, Spies Hecker and Standox, the three global premium refinish brands of Axalta Coating Systems (NYSE: AXTA), have been approved for use in all Opel dealers and body shops in Belgium and Luxembourg. The technical and commercial approval comes after intensive and thorough tests were conducted by the car manufacturer to ensure all three refinish […]
Axalta Releases First Quarter 2017 Earnings
Refinish sales up 5.7 percent excluding foreign currency translation. Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the first quarter ended March 31. First quarter net sales of $1.0078 billion were driven by volume growth of 8.9 percent, offset partly by 1.2 percent lower average selling prices and by a 2.2 percent negative […]
Axalta Opens Regional Auto Refinish Training Centre in Dubai
Axalta Coating Systems (NYSE:AXTA) last week announced the launch of its Automotive Refinish Training Centre in Dubai, United Arab Emirates. The Centre will provide training in the use of Axalta products that are designed for the repainting of vehicles in collision repair facilities. The opening of the next generation facility follows the October 2016 opening […]
Axalta and General Motors UK Renew Three-Year Agreement
Axalta Coating Systems (NYSE:AXTA) in the UK and General Motors UK have renewed their three-year agreement that names Axalta’s three premium global refinish brands – Cromax, Spies Hecker and Standox – officially approved suppliers for paint repairs on Vauxhall in the UK. “General Motors and Axalta have a long-standing relationship both in the UK and […]
Axalta Releases Fourth Quarter Results
Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the fourth quarter and full year ended December 31, 2016. The company reported net sales of $1.029 billion for the fourth quarter benefited from both volume and pricing growth, offset by a 3.0 percent negative impact from foreign currency translation. Constant currency net sales increased […]
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