Company reports improved operating results despite continued supply chain challenges. Persistent inflation was partially offset by continued pricing gains. Axalta Coating Systems Ltd. (NYSE: AXTA) announced net sales of $1,137.2 million increased 5.8% year-over-year for its fourth quarter ended December 31. Net sales for the full year were $4,416.2 million, an increase of 18.2% year-over-year; […]
Axalta Commits to New Sustainability Goals for 2030 and Carbon Neutrality by 2040
Axalta (NYSE:AXTA) announced its commitment to an absolute reduction of 50 percent of Scope 1 and 2 greenhouse gas (GHG) emissions by 2030, on its way to becoming carbon neutral in its operations by 2040 – one decade ahead of the deadline set by the Paris Agreement on Climate Change. In addition, the company has […]
Dr. Keith Silverman to Lead Operations and Supply Chain at Axalta
Axalta Coating Systems (NYSE:AXTA) today announced that Dr. Keith Silverman is joining Axalta as Senior Vice President & Chief Operations and Supply Chain Officer, effective immediately. “Keith is an outstanding leader with an impressive track record in leading operational excellence with a strong focus on safety and sustainability. He will lead Operations and Supply Chain, […]
Axalta Reports Preliminary Fourth Quarter and Full-Year 2021 Earnings
Axalta Coating Systems Ltd. (NYSE:AXTA) provided preliminary selected fourth quarter and full-year 2021 unaudited financial updates. Results in the period reflect impacts from greater than previously forecasted raw material inflation and supply chain constraints relative to guidance initially provided on October 25, 2021. Axalta expects Net Sales growth of 5.8% for Q4, ~7% excluding foreign […]
CIECA Announces New Members of Board of Trustee
The Collision Industry Electronic Commerce Association (CIECA) announced today that several CIECA Board of Trustees member companies named new representatives to sit on the board in 2022. “We welcome all of the new representatives to CIECA’s Board of Trustees,” said Paul Barry, CIECA’s executive director. “Their diverse backgrounds will enable them to best support CIECA’s […]
Axalta’s Jim Ocampo Elected to Collision Industry Foundation Board of Trustees
The Collision Industry Foundation (CIF) announced the election of Jim Ocampo, Industry Relations / Strategic Sales Manager at Axalta Coating Systems, to the CIF Board of Trustees. CIF provides emergency relief by securing and distributing donations to collision repair professionals who have experienced significant losses due to natural disasters or other catastrophic events. During his […]
Axalta Net Sales Up 6% in Third Quarter
Supply chain challenges continue to impact results, particularly within mobility coatings. Axalta Coating Systems Ltd. (NYSE:AXTA) announced net sales of $1,088.6 million increased 6.0% for the third quarter ended September 30 compared to the previous year, including a 1.3% foreign currency benefit, driven by 4.5% higher average price and product mix and a 1.8% M&A […]
Axalta Announces Prepper to Painter Training Course
Refinish North America introduced a new Prepper to Painter Application Course. Offered through online and in-person blended learning, the new program teaches refinish fundamentals to individuals who have some body shop experience. Upon course completion, an existing shop prepper will be able to transition into a painting role to help busy collision centers get more […]
Axalta Opens New Refinish Facility in the Netherlands
Axalta (NYSE: AXTA) has officially opened its new, state-of-the-art, sustainable facility in the Netherlands to strengthen its Dutch refinish business further. The ultramodern, strategically located facility in the Tiel municipality enables Axalta to provide more customers with its industry-leading refinish paint and non-paint products and services. The Axalta global refinish brands in the Netherlands – […]
Axalta Announces Inaugural Bright Futures Scholarships Recipients
Axalta Coating Systems (NYSE:AXTA) announced the winners of its first-annual Bright Futures Scholarship Program. The 19 recipients represent a group of students who have demonstrated academic excellence, leadership, and active participation in school and community activities. The 2021 Axalta Bright Futures Scholarship recipients are: Aman Agrawal – University of Houston; Alejandro Alberto – Universal Technical […]
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