Axalta Coating Systems (NYSE:AXTA) officially opened its newly expanded European Technology Centre (ETC) in Wuppertal, Germany today. The center will be home to the company’s liquid coating research facilities for the Europe, Middle East and Africa (EMEA) region. “Axalta is making this considerable investment in its EMEA research and development facilities to expand, to upgrade […]
Axalta Launches Nason Brand in Russia
Axalta Coating Systems (NYSE:AXTA) announced it is launching its Nason Finishes refinish brand in Russia. “By adding Nason Finishes to our stable of refinish brands in EMEA, we are able to meet our customers’ requirements, regardless of their size, or whether they require a premium brand, something more mainstream or an economy solution. But whatever […]
Awards Announced at Axalta Customer Business Council Meeting
Nearly 200 of Axalta Coating Systems (NYSE:AXTA) collision repair customers from across the U.S. gathered together to learn from subject matter experts on a variety of topics including hiring, technology and performance on May 19-21 in Chicago, Ill. Mike Anderson, owner of CollisionAdvice, led the combined Business Council symposium and presented on auditing with technology. […]
EstimateScrubber Adds Real-Time Sales Mix Reporting
VehicleOwnersGuide.com announced the inclusion of real-time sales mix analysis to its EstimateScrubber.com. The program was developed in conjunction with experts from Collision Advice and Axalta Coating Systems. The sales mix analysis continuously updates labor, refinish labor, replacement parts and refinish materials metrics. When scrubbing individual estimates, metrics are available to estimators, along with a new […]
Axalta Reports Sales Up on Constant Currency Basis
Axalta Coating Systems Ltd. announced its financial results for the first quarter ended March 31, 2016. The company reported net sales of $955.6 million for the first quarter of 2016 increased 3.0 percent year-over-year excluding unfavorable foreign currency translation. Sales decreased 3.4 percent as-reported. Net sales growth was driven by 5.1 percent higher average selling […]
Refinish Distributors Alliance Adds New Member
The Refinish Distributors Alliance (RDA) announced that Automotive Supply Associates d.b.a. Sanel Auto Parts, with headquarters in Concord, N.H., is its newest member. With this addition, RDA has membership across 30 states. Automotive Supply Associates is a fourth-generation family-owned business that was started over 96 years ago. The company operates a central distribution center in […]
Axalta, BASF, Cunningham Brothers Receive GM Supplier of the Year Awards
General Motors recognized 110 of its best global suppliers during its 24th annual Supplier of the Year awards ceremony held at Cobo Center. The announcement represents the most suppliers GM has recognized since debuting the Supplier of the Year event in 1992. Among those receiving awards were companies that also supply the collision repair industry […]
Axalta Opens Renovated Cromax Training Center in Belgium
Axalta Coating Systems announced it has recently opened its renovated Cromax training headquarters for the Europe, Middle East and Africa (EMEA) region, in Mechelen, Belgium. Extensive work was carried out at The Cromax Training Centre (CTC) in two phases over two years and has seen the facility being completely overhauled – both cosmetically and technologically […]
Axalta Launches Learning Campus in Canada
Axalta Coating Systems (NYSE:AXTA) announced it recently launched the Axalta Learning Campus in Canada, a web-based portal that serves as a gateway to Axalta’s Learning and Development programs. The campus allows customers to register online for in-person technical training at a Learning and Development Center or take courses online by accessing a comprehensive library of […]
Axalta Releases Fourth Quarter and Full Year 2015 Financial Results
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 […]