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 […]
Axalta Opens Refinish Academy in Sweden
New facility to serve Axalta’s collision repair and refinish customers from Sweden, Norway, Denmark, Finland and Iceland. Axalta Coating Systems (NYSE:AXTA) announced the opening of its new Axalta Refinish Academy Nordic earlier this month. The facility, located in Sisjön, 20 minutes south of Gothenburg, Sweden, houses not only the latest generation training center for Axalta’s […]
Symach Installed in Axalta’s New Customer Experience Center in North Carolina
Symach is currently installing its equipment in Axalta Coating Systems’ new Customer Experience Center (CEC) in North Carolina, which is currently being built and scheduled to open later this year. “Symach is thrilled to have a technical and professional working relationship with Axalta,” said Chad Seelye, Symach’s vice president USA. “With a paint manufacturer, such […]
Axalta Acquires Ellis Paint Company
Axalta Coating Systems (NYSE:AXTA) announced its acquisition of Ellis Paint Company, a manufacturer of industrial and automotive refinish paint in North America. Financial terms of the transaction were not disclosed. Founded in 1887, Ellis Paint Company is a well-known manufacturer and distributor of a strong portfolio of coating products suited for an extensive array of […]
Axalta Announces New Coatings Manufacturing and Logistics Facility in Nanjing, China
Will also serve as distribution center for collision repair refinish products. Axalta Coating Systems (NYSE:AXTA) announced it will construct a new manufacturing plant for automobile, commercial vehicle and industrial coatings in Nanjing, China. The facility, located at Nanjing’s National Chemical Industrial Park (NCIP), is expected to be fully operational by the end of 2020 with […]
Axalta Reports Third Quarter Sales of $1.02 Billion
Refinish net sales up 4.9 percent excluding the impact of foreign currency translation. Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the third quarter ended September 30, 2016. The company reported net sales of $1.0234 billion for the third quarter of 2016 benefitting from volume and pricing growth that was offset in part […]
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