Axalta Coating Systems Ltd. (AXTA) reported fourth quarter net sales of $1.0 billion, a 4.5 percent year-over-year increase before the impact of unfavorable foreign currency translation of 11.5 percent. Sales decreased 7.0 percent on an as-reported basis. For the quarter ended December 31, 2015, adjusted EBITDA was $212.8 million up 4.0 percent compared to 2014 […]
Axalta Names Dan Key Head of Global Operations
Axalta Coating Systems has appointed Dan Key as Senior Vice President, Operations and Supply Chain. In this capacity, Key will oversee Axalta’s extensive manufacturing network of 35 production facilities and 6,000 people working on six continents. He also will be responsible for the delivery of products to customers around the world. “I’m very excited to […]
Axalta Holds Commercial Transportation Business Council Meeting
Axalta Coating Systems held its first quarterly 2016 Commercial Transportation Business Council meeting from January 6 – 8 in Dallas, Texas. Commercial Transportation Business Council members kicked-off the New Year with a strategy review, followed by a discussion on paint and materials reporting and welcomed a new member. Axalta managers presented information on new Axalta […]
Axalta Completes ProfitNet Interface with PartsTrader
Axalta Coating Systems (NYSE:AXTA) completed a certified interface with PartsTrader for electronic parts procurement. The new ProfitNet Collision Shop Management System (CSMS) interface is a two-way electronic interface between ProfitNet and PartsTrader that helps eliminate redundant tasks between the two systems. Key information needed for parts procurement and order status can now seamlessly be transferred […]
Axalta Becomes Mercedes-Benz Aftermarket Premium Partner in China
Axalta Coating Systems (NYSE:AXTA) has been certified as a “Premium Partner” by Mercedes-Benz aftermarket in China. Under the terms of the partnership designation, Axalta will provide its Spies Hecker Permahyd Hi-TEC waterborne coating products to Mercedes-Benz in China to support its collision repair business. Axalta also will provide color formulas to Mercedes-Benz dealer shops and […]
Axalta Breaks Ground on Asia Pacific Technology Center in Shanghai
Axalta Coating Systems (NYSE:AXTA) commenced construction of its Asia Pacific Technology Center (APTC) that it announced earlier this year. Scheduled to be operational in third-quarter 2016, the regional technology center will be equipped to undertake fundamental research and develop new coating applications, including the latest generation paint formulations, colors, resin development, dispersion technology, spray application […]
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