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 […]
Axalta Breaks Ground on New Coatings Facility in Northern China
Axalta (NYSE:AXTA) broke ground for construction of a state-of-the-art coatings facility in Jilin City, Jilin Province, North China. The 46,000-square-meter new plant will produce mobility coatings to support growing customer demand in China for light vehicles, commercial vehicles, and automotive plastic components. “Our new plant in Jilin is another building block supporting our ambitious growth […]
Axalta Completes U-POL Acquisition
Axalta Coating Systems (NYSE:AXTA) announced that it has successfully completed the previously announced acquisition of U-POL Holdings Limited. The acquisition of U-POL, a supplier of paint, protective coatings and accessories primarily for the automotive aftermarket, strengthens Axalta’s global refinish leadership position and supports its broader growth strategy. “The acquisition of U-POL is another step in […]
Bill Cook Assumes Chair Role on Axalta Board of Directors
Mark Garrett steps down from board. Axalta Coating Systems (NYSE:AXTA) announced that Mark Garrett has stepped down as a member and Chair of its Board of Directors, effective August 26 due to his increasing professional commitments in Europe. The Board has appointed William M. Cook as its new Chair, effective upon Mr. Garrett’s resignation. “It […]
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