Axalta Coating Systems Ltd. (NYSE:AXTA) has expanded its support of Pennsylvania College of Technology in Williamsport, Pa. by committing to an annual $15,000 donation of paint and related supplies for the next five years. This represents an increase from the $7,500 that Axalta has provided annually since 2019 to support the college’s collision repair and […]
Axalta Reports First Quarter Sales of $1.26 Billion
Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales decreased 3% year-over-year to $1.26 billion in the first quarter of 2025, inclusive of a 3% headwind from foreign currency translation. Contributions from the CoverFlexx acquisition and favorable price-mix were offset by volume declines primarily in Performance Coatings. Net income increased by 154% year over year to […]
Axalta Receives Two Edison Awards
Axalta Irus Scan and MyColor recognized among most innovative new products in the world. Axalta Coating Systems (NYSE: AXTA) announced that it has won two 2025 Edison Awards. Axalta Irus Scan won Silver in the Automotive Materials category and Axalta’s MyColor won Bronze in the Automotive Materials category. This is the seventh consecutive year that […]
ASE April 1 Webinar Examines Color Theory and Spray-Out Techniques
The National Institute for Automotive Service Excellence (ASE) will host a free webinar on Tuesday, April 1 at 4:00 p.m. (EDT) titled Color Theory and Creating Proper Spray-Outs. Matthew Moore from Axalta Coating Systems will present an introduction to the three dimensions of color and other factors necessary for successful color matching. The session will […]
Axalta Acquires Three Distributors in Europe
Will become part of Axalta Axcess, its European direct-to-customer sales and distribution network. Axalta announced in February the acquisition of three distributors in Europe, which will become part of the Axalta Axcess network. Axalta Axcess is Axalta’s direct-to-customer sales and distribution solution designed to make ordering, delivery and aftersales support for European customers convenient, reliable […]
Axalta Reports Record Fourth Quarter and Full Year Sales
Axalta Coating Systems Ltd. (NYSE:AXTA) announced Record fourth quarter net sales of $1.3 billion for the fourth quarter ended December 31, up 1% versus the fourth quarter of 2023. Sales for the full year were a record $5.3 billion. Axalta’s Performance Coatings segment fourth quarter 2024 net sales, which includes refinish, were $843 million, down […]
Tim Bowes Named President, Global Industrial Coatings at Axalta
Axalta Coating Systems Ltd. (NYSE: AXTA) announced that Tim Bowes has been appointed President, Global Industrial Coatings, effective January 27. Bowes will succeed Shelley Bausch who will be stepping down from her role. Most recently, Mr. Bowes served as Axalta’s Senior Vice President and Chief Transformation Officer. Prior to joining Axalta, he served as Senior […]
Axalta and Dürr Partner on Automotive OEM Digital Paint Technology
Axalta Coating Systems (NYSE: AXTA) and Dürr Systems AG, a mechanical and plant engineering firm, have entered into a partnership to provide a digital paint solution, combining Axalta’s NextJet technology with Dürr’s robotics integration. Digital paint, also referred to as overspray-free application, is an advanced paint application that allows for precise paint placement. Under the […]
Axalta Named as a Global Partner to BMW Group in Over 50 Countries
Axalta (NYSE: AXTA) has been named as a recommended refinish supplier for BMW Group where BMW private paint label, ColorSystem, is not present. The new agreement, effective from January 2025, is valid for several years and includes BMW Group’s network of dealerships and collision repair shops in over 50 countries worldwide. BMW Group has also […]
Axalta Marks 10 Years as a Public Company by Ringing the NYSE Opening Bell
Chris Villavarayan, CEO and President of Axalta Coating Systems (NYSE: AXTA) and Rakesh Sachdev, chair of the board, yesterday commemorated 10 years as a publicly traded company by ringing the opening bell at the New York Stock Exchange (NYSE). Axalta’s senior leadership team and employees from the Philadelphia area also participated in this highly respected […]
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