Axalta Worldwide

press-releases

Press Releases

DateTitle
Axalta Employees Serve as Judges at Rutgers University Information Technology and Informatics Showcase December 21, 2016
Last week, IT professionals from Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, served as judges for the Information Technology and Informatics (ITI) Showcase held by the School of Communication and Information at Rutgers University in New Brunswick, New Jersey . Presentations from more than 40 student teams featured IT-based solutions to business challenges faced by organizations. The majority of participants came from Rutgers’ ITI Capstone course, which challenges small teams to create IT products. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161221005500/en/ Pictured front, Axalta's Clayton Beale serves as judge during the Information Technology and Informatics Showcase at Rutgers University . (Photo: Axalta) Karla Viglasky, Axalta Chief Information Officer-North America, Chris Davis, Axalta IT Operations and Technology Manager-North America, and Clayton Beale Jr.,...
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Axalta Coating Systems Paints World Famous “Embracing Peace” Sculptures December 16, 2016
Axalta products chosen exclusively from primer to finished product Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, was selected to coat multiple “Embracing Peace” sculptures from primer to finished product. The sculptures were created by American artist Seward Johnson and are now owned by The Seward Johnson Atelier, Inc., a New Jersey-based nonprofit foundation which promotes the appreciation of, and education about, sculpture and public art through the creation, maintenance, sale and public placement of Seward Johnson’s sculptures. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161216005385/en/ © 2004, 2005 The Seward Johnson Atelier, Inc. Photo by David W. Steele The 25 foot tall Embracing Peace by sculptor Seward Johnson on view in Times Square, New York City, where the original "kiss" took place. (Photo: Axalta) Axalta products were chosen exclusively to coat the...
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Axalta Welcomes Deborah J. Kissire to Its Board of Directors December 15, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, is pleased to announce that Deborah J. Kissire has joined the company’s Board of Directors on which she will Chair the Nominating and Corporate Governance Committee and serve on the Compensation Committee. Ms. Kissire currently serves on the boards of directors and audit committees for Cable One, Inc. , a leading American cable service provider, and Omnicom Group, Inc. , a global marketing and corporate communications holding company based in the U.S. In 2015, she retired as Vice Chair and Regional Managing Partner from Ernst & Young, L.L.P. (EY), where she also served as a member of their Americas Executive Board and Global Practice Group . EY is a leading multinational professional services firm that offers assurance, tax, and transaction advisory services to companies around the world. “Deborah’s financial expertise and experience in governance will enable her to make significant...
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Axalta Introduces Voltaprem Impregnating Resin for Medium- and High-Voltage Motors December 14, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, introduces Voltaprem TM 5000, a new one-component impregnating resin. It has been specifically developed for the insulation of medium- and high-voltage equipment, such as generators for the wind, rail and energy industries or rail traction motors and motors for general industrial applications. “Voltaprem is a first for us, as we can now also provide a solution to our customers within the medium- and high-voltage segment. The new high-quality brand is a perfect complement to our existing Voltatex® product portfolio,” says Andrea Busch, Global Marketing Manager for Axalta’s Energy Solutions business. With its exceptionally low viscosity, Voltaprem 5000 is ideally suited for vacuum-pressure impregnation. Its unique chemical characteristics enable the users to optimize the impregnation process and utilize efficiency gains. With its exceptional viscosity and surface tension, Voltaprem 5000 is able...
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Axalta Coating Systems Returns as Presenting Sponsor of 2017 North American International Auto Show Charity Preview December 9, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is excited to announce that it is the Presenting Sponsor of the 2017 North American International Auto Show (NAIAS) Charity Preview for the second consecutive year. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161209005477/en/ Axalta will unveil its Automotive Color of the Year 2017 during NAIAS preview week. Pictured is Axalta's 2016's Color of the Year, Brilliant Blue. (Graphic: Axalta) The NAIAS Charity Preview, to be held on Friday, January 13, 2017, at the Cobo Center in Detroit, is consistently the largest single night fundraiser in the United States, having raised more than $5.2 million last year. Proceeds directly benefit a wide range of children's charities including The Boys & Girls Clubs of Southeastern Michigan, Boys Hope Girls Hope of Detroit, The Children’s Center, Children’s Hospital of Michigan Foundation,...
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Axalta’s “Global Automotive 2016 Color Popularity Report” Shows Strong Preference for Neutrals …. but Color Coming Back December 8, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today released its Global Automotive 2016 Color Popularity Report which confirms a continued global preeminence by white, while hints of colorful hues enliven traditional neutral colors to bring color back into the mainstream. “We are seeing a clear preference for the neutral shades, but there is a catch,” explains Nancy Lockhart, Axalta’s Color Marketing Manager. “We are seeing colorful hues being added to these neutrals to create eye-catching tones. Watch for tints and effects to add depth and beauty to these neutrals in the future.” Regional highlights from Axalta’s 2016 Color Popularity Report include: Worldwide: White stays in first place on nearly four of every 10 new vehicles. Africa: Light colors are most favored here: silver and white combined make up 63 percent of new purchases. Asia: In China, more than half of vehicles sold are white. Solid white is more popular than pearl white...
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Axalta Introduces Procor HP Line for Mexico and Central America December 6, 2016
In Mexico and Central America , Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has introduced the new Procor ® HP line of protective coatings for architectural and industrial applications. The Procor HP family of high solids products are designed to deliver superior performance and provide long term protection for materials exposed to harsh environments. The new products include Procor HP Red label and Procor HS Blue label coatings. Procor HP Red label coatings includes zinc, epoxy and polyurethane-rich technologies in a variety of packaging formats. The Procor HS Blue label line, which adds high-performance features to the current Procor product range, can be used on diverse applications and provides both superior protection and a great finish. Procor HS Blue label is available in 16-liter buckets to facilitate mixing and optimize application time. “We’re excited to offer our industrial and architectural customers the new Procor HP line...
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Axalta Invests to Expand its Powder Coatings Production Capacity in Germany December 6, 2016
Investment supports global growth strategy Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, has invested to expand and to optimize manufacturing capabilities for its Alesta® brand at its powder coatings production facilities in Landshut, Germany due to growing market demand. The investment supports Axalta’s powder coatings growth strategy and follows progress in its powder coating business in Eastern Europe coupled with increased demand from Central Europe . It is the second investment to expand powder production in the Europe , Middle East and Africa (EMEA) region this year. The first was at Axalta’s Montbrison, France , facility in April 2016 , which saw lean automation and upgraded production technology appreciably increase line capacity and productivity. “Minimal supply time is very important to our customers, and that’s one of the reasons we chose to invest in the Landshut site. Once complete, the additional production facilities...
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Axalta Coatings Specified in First Project for Berlin’s Drinking Water Pipes December 5, 2016
Sustainable and Maintenance-free Corrosion Protection with Abcite Coating Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, is supplying its Abcite® thermoplastic powder coating to protect pipes and fittings of Berliner Wasserbetriebe, Germany’s largest municipal drinking water supply company. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161205005817/en/ Axalta coatings have been specified in first project for Berlin’s drinking water pipes (Photo: Axalta) Berliner Wasserbetriebe supplies drinking water to Berlin’s 3.5 million inhabitants via a complex network of nine waterworks, eight pumping stations and roughly 7,900 km of pipes. Reliable water transport and safety are key issues for drinking water companies, as it is vital for the water to remain safe when it comes out of the tap. The reliable, lasting corrosion protection Abcite provides made it the ideal choice for...
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Axalta Introduces New, High Temperature Protective Internal Pipe Coatings December 2, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to introduce two new high temperature, corrosion-resistant internal pipe coatings to its Nap-Gard ® Functional Coatings collection. The new Nap-Gard 7-0017HT and 7-0017VHT Black Beauty FBE products are thermosetting epoxy powders designed to provide excellent chemical resistance when operating in temperatures up to 200 o C (392 o F). This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161202005448/en/ Axalta introduces two new high temperature, corrosion-resistant internal pipe coatings to its Nap-Gard Functional Coatings collection. (Photo: Axalta) “Axalta is excited to bring these highly effective functional products to the oil and gas industry,” said Meghan Hodge, Axalta Global Product Marketing Manager, Functional Coatings. “Our new high temperature internal pipe coatings are formulated to provide superior corrosion...
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Axalta Paints Cars for Championship Drivers Nico Rosberg of the MERCEDES AMG PETRONAS Formula One Team and Jimmie Johnson in the NASCAR series December 1, 2016
Axalta Coating Systems (NYSE: AXTA) is proud that its paints helped carry driving greats, MERCEDES AMG PETRONAS Formula One TM Team Driver Nico Rosberg and Jimmie Johnson to victory at their recent championship season finale wins on the Formula One TM and NASCAR circuits, respectively. Axalta’s innovative automotive coatings contribute to race car performance and aerodynamics, as well as maximize the visibility of both team and driver brands with colorful designs and effects. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161201006482/en/ Nico Rosberg in the MERCEDES AMG PETRONAS Formula OneTM team car. (Photo: Axalta) “We congratulate Jimmie and Nico on their tremendous accomplishments this year,” said Axalta Chairman and CEO Charlie Shaver. “The tough environments of the racetrack are the ultimate test of the endurance and durability of our coatings. The technology that stands behind the coating performance we deliver...
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Axalta Coating Systems Mesmerizes with New Alesta Illusion Collection November 28, 2016
Innovative and Durable Collection Available in 12 Smooth Colors Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is excited to introduce its new Alesta® Illusion collection that features super-durable polyester powder coatings in 12 high-gloss colors. When viewed at different angles, especially in direct sunlight, the colors produce a mesmerizing effect and create the illusion of changing color. This technology is designed not only to transform the look of substrates but also help ensure their protection. “Axalta is driven to provide the most cutting-edge solutions for our customers, both functionally and aesthetically,” said Kristen Boyd , Axalta Marketing Manager. “This collection can be used to beautify and protect a wide range of material in the general industrial finishing business.” Due to its weatherability and durability, the Alesta Illusion collection is the perfect choice for exterior projects such as fencing, patio furniture,...
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Axalta Employees Give Back During National Hunger and Homelessness Awareness Week November 23, 2016
In every community across the United States , there are people who do not know where they will sleep each night or where their next meal will come from. To recognize and help raise awareness for National Hunger and Homelessness Awareness Week, observed on November 12-20, 2016 , employees from Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, swapped their laptops for ladles and fulfilled the Ministry of Caring’s lunch service needs at its Emmanuel Dining Room in Wilmington, Delaware . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161123005645/en/ Axalta employees volunteered to serve lunch at the Ministry of Caring to recognize National Hunger and Homelessness week. (Photo: Axalta) The Ministry of Caring is a nonprofit organization dedicated to supporting those living in poverty in the greater Wilmington area. Its Emmanuel Dining Room helps combat hunger and serves hundreds...
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Axalta Schedules 2017 Financial Outlook Conference Call November 23, 2016
Axalta Coating Systems Ltd. (NYSE: AXTA) will host a conference call to review its 2017 Financial Outlook at 11:00 a.m. EST on Thursday, December 15, 2016 . Charles W. Shaver , Chairman and Chief Executive Officer, and Robert W. Bryant , Executive Vice President and Chief Financial Officer, will review key aspects of the company's financial outlook for 2017 and take questions. The U.S. dial-in phone number for the conference call is (877) 407-0784 and the international dial-in number is +1.201.689.8560. A live webcast of the conference call will also be available online at www.axaltacs.com/InvestorCall. For those unable to participate in the call, a replay will be available through December 22, 2016 . The U.S. replay dial-in number is (844) 512-2921 and the international dial-in number is +1.412.317.6671. The replay passcode is 136 50 683. About Axalta Coating Systems – Celebrating 150 Years in the Coatings Industry Axalta is a leading global company focused solely on coatings and...
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Axalta Honored by Institutional Investor in All-America Executive Team Ranking November 23, 2016
Axalta Team Recognized in All Six Defined Categories Institutional Investor, an international business to business publication focused on global finance, released its annual All-America Executive Team ranking last week. Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is proud to be recognized among the leaders in the 2017 Midcap rankings, as selected by a broad survey of investment professionals, garnering the top position in the chemicals sector. Axalta received honors in all polled categories including Best CEO, Best CFO, Best IR Professional, Best IR Company, Best Analyst Days, and Best Website. “We are very honored to receive this recognition from the investor community – especially considering that we completed our initial public offering only two years ago. The Axalta team is delighted to be ranked among the most effective corporate executive teams in the chemicals industry,” said Christopher Mecray , Axalta’s Vice President of...
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Axalta Coating Systems to Support Children’s Education in Gujarat, India November 22, 2016
Partners with NGO Akshay Patra’s food program to support the local community Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has partnered with Akshaya Patra’s food program for the second consecutive year to provide better education by serving meals to children in the community surrounding Axalta’s Savli manufacturing plant in Gujarat state. This program aligns with Axalta’s global corporate social responsibility (CSR) initiatives to support education and the communities in which it operates. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161122006154/en/ The Axalta team serving mid-day meals to children in the community surrounding Axalta's Savli manufacturing plant in Gujarat state. (Photo: Axalta) Akshaya Patra is the world’s largest nonprofit mid-day meal program serving wholesome food to more than 1.6 million children from 13,210 schools across 11 states in India ....
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Axalta Expert Discusses How to Win in the Modern Competitive Marketplace November 21, 2016
Steve Trapp , North America Services Manager at Axalta Coating Systems (NYSE: AXTA), addressed industry professionals at the recent Specialty Equipment Market Association (SEMA) tradeshow at the Las Vegas Convention Center in Las Vegas, Nevada . Trapp’s presentation titled, Selling and Marketing in an Increasingly Competitive Marketplace, was part of the Society of Collision Repair Specialists’ (SCRS) Repairer Driven Education series, which featured SCRS-selected courses that focused on issues relevant to today’s collision repair professionals. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161121005711/en/ Axalta's Steve Trapp presented "Selling and Marketing in an Increasingly Competitive Marketplace at SEMA." (Photo: Axalta) Trapp discussed effective marketing strategies for the collision repair industry and shared tips on how to build, execute and track a marketing strategy to attract customers instead of waiting...
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Spies Hecker Wins British Repairers' Choice Award for Most Highly-Rated Paint Brand November 21, 2016
Voted on by Repairers Across the UK Spies Hecker, one of the global refinish brands of Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, has won the British Repairers’ Choice Award for most highly-rated paint brand of the year 2016 – 2017. The honor was announced at the ABP (Auto Body Professionals) Night of Knights annual awards ceremony held on November 16, 2016 at Resorts World, Birmingham. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161121006032/en/ Anthony Cashel, Axalta Marketing Manager, UK and Ireland, accepts British Repairers' Choice Award for Spies Hecker from (L) Jo Salter, first female RAF fighter pilot, and (R) Kevern Thompson, UK Operations Manager, CAPS. (Photo: Axalta) In this year, the eighth of the awards, a record number of repairers across the UK voted for their most highly-rated paint brand. The voters were asked to rate the brands from excellent...
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Axalta Coating Systems Announces New, Super Durable BK08 Powder Coating November 21, 2016
New powder coating produces smooth appearance with excellent UV resistance Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to introduce Alesta® BK08 20 Gloss, a new semi-matte powder coating is designed to offer an extremely smooth appearance while providing exceptional weatherability on a variety of surfaces. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161121005645/en/ Axalta Coating Systems debuts new BK08 20 Gloss powder coating. (Photo: Axalta) “Our customers have requested a very smooth, low gloss polyester, which exhibits a consistent appearance and affords excellent abrasion and corrosion resistant properties,” said Craig Dietz , Axalta Market Product Manager. “The addition of this product illustrates our commitment to meeting our customers’ needs.” Designed for strength and durability, Alesta BK08 20 Gloss is the perfect choice for a multitude of...
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Axalta Shines with New Artist Signature Series at the 2016 SEMA Show November 18, 2016
Axalta Coating Systems (NYSE: AXTA) , a leading global supplier of liquid and powder coatings, launched its latest Artist Signature Series of custom refinish colors at the annual Specialty Equipment Market Association (SEMA) tradeshow in Las Vegas, Nevada . The collection called, Axalta Artist Signature Series – Cromax ® Mobsteel Midnight CFX ™ Candy Colors , is a vibrant set of custom colors designed by Mobsteel ® and Axalta color designers. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161118005568/en/ Axalta launched its latest Artist Signature Series of custom refinish colors at the SEMA tradeshow in Las Vegas, Nevada . The collection called, Axalta Artist Signature Series – Cromax Mobsteel Midnight CFX Candy Colors, is a vibrant set of custom colors designed by Mobsteel and Axalta color designers. (Photo: Axalta) Mobsteel owner Adam Genei, artist Ron Coan, and the rest of the team from Mobsteel, a design / build...
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Axalta Introduces Next-Generation Voltatex 7145A Wire Enamel Coating November 16, 2016
Improved for outstanding application and thermal properties Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, has recently introduced Voltatex® 7145A, a new generation of its THEIC-modified polyester wire enamel series. The new product offers improved application on both horizontal and vertical application lines, as well as on high-speed enameling machines. Voltatex 7145A is suitable for magnet wires used in everything from electrical motors, pump motors and refrigeration equipment, to transformers and ballast for fluorescent lamps. “The advanced properties of Voltatex 7145A make a difference for our partners in the magnet wire industry,” says Andreas Vendler, Global Product Manager for Axalta’s Energy Solutions business. “Conductors coated with Voltatex 7145A and polyamide-imide (PAI) added as a top coat combine to provide high thermal stability, excellent mechanical properties, good chemical resistance and a high level of flexibility...
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Iconic Car from American Graffiti Gets a Facelift with Axalta Paint November 16, 2016
Axalta Coating Systems (NYSE: AXTA) brings the classic 58’ Impala from the movie American Graffiti back to its original glamour with its ChromaPremier ® paint. The solventborne base coat is formulated to make coverage fast, and easy with a smooth finish. Axalta, a leading global supplier of liquid and powder coatings, revealed the recently restored car at its Engineered for Speed booth at SEMA 2016 aftermarket tradeshow at the Las Vegas Convention Center . Ray Evernham – TV show host and three-time NASCAR ® champion crew chief, along with award-winning actress from the American Graffiti film, Candy Clark , helped Axalta executives unveil the car during a press conference. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161116006147/en/ Axalta's Mike Carr ; Painter Dan Baker; Actress Candy Clark ; and TV Host Ray Evernham pose with 1958 Impala from the film, "American Graffiti," that was recently restored with Axalta's...
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Axalta Adapts Alesta Architectural Powder Coatings to Building Information Modelling (BIM) Format November 15, 2016
Collections available for greater ease of specification Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, has made its Alesta® AP powder coating line of products for metal substrates available as Building Information Modelling (BIM) objects. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161115006758/en/ Axalta powder coatings are specified by architects for aesthetic reasons and because of their functional properties (Photo: Axalta) BIM is a method of optimizing the design, execution and management of building construction, and is required for use increasingly by governments around the world on public construction projects. The European Union Public Procurement Directive (EUPPD), of January 15, 2014 , allowed the EU member states to make the BIM method mandatory from January 1, 2016 . By using BIM, all relevant building data is digitally recorded, combined and...
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Jeff Gordon to Promote Axalta’s New Powder Coating Learning and Development Center November 15, 2016
Motorsports Champion Will Address Crowd at FABTECH 2016 Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, and four-time NASCAR® Cup Series champion and Axalta Global Business Advisor, Jeff Gordon will discuss Axalta’s new Powder Coating Learning and Development Center at FABTECH 2016 at booth #C48019 at 1:00 PT on November 16, 2016 at the Las Vegas Convention Center in Las Vegas, Nevada. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161115006685/en/ Four-time NASCAR Cup Series champion and Axalta Global Business Advisor, Jeff Gordon, will speak at Axalta's booth at FABTECH 2016 in Las Vegas. (Photo: Axalta) Axalta will showcase the benefits of its industry-first powder coating Learning and Development Center located on-site at its Houston, Texas manufacturing facility. The presentation on Wednesday, November 16 includes a talk by Gordon that will illustrate Axalta’s...
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Axalta Will Thrill Customers with Color and Quality at Amusement Park Conference November 14, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings celebrating its 150th anniversary in the coatings industry, will feature its premium line of liquid and powder coatings at the International Association of Amusement Park and Attractions (IAAPA) conference at the Orange County Convention Center , in Orlando, Florida on November 15-18 . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161114006582/en/ Axalta will highlight liquid and powder coatings at booth #278 at International Association of Amusement Park and Attractions conference. (Photo: Axalta) At booth #278, Axalta will highlight top corrosion resistant products, including premium quality Imron® Elite polyurethane and Rival™ economy finishing systems, which provide customers with a great value and are offered in thousands of solid and metallic colors. Axalta will also feature its Imron Industrial Strength premium quality...
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Axalta to Exhibit Functional Coatings Developments at AMI Pipe Coating & Protection 2016 in Houston November 14, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will exhibit at the Applied Market Information, LLC’s (AMI) inaugural Pipe Coating & Protection 2016 conference at the Hilton Post Oak in Houston, Texas , on November 15-16, 2016 . Axalta will also showcase innovative updates to its functional pipeline portfolio, which includes its Nap-Gard ® fusion bonded epoxy (FBE) powder coating line, at booth number 15. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161114006090/en/ Axalta will exhibit its Nap-Gard line of functional powder coatings at the upcoming AMI Pipe Coating & Protection 2016 conference. (Photo: Axalta) “Axalta is thrilled to exhibit at the first AMI Pipe Coating & Protection 2016 conference,” said Meghan Hodge, Axalta Global Product Marketing Manager for Functional Coatings. “We are pleased to present our functional line and to emphasize the important...
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Axalta Coating Systems Announces Houston Plant Advancement Project November 11, 2016
Facility Will Increase Output, Efficiency and Sustainability Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announces a modernization project to advance sustainability at its powder manufacturing center in Houston, Texas. Anticipated to finish by the end of 2018, the project aligns with Axalta’s commitment to sustainability and environmentally responsible manufacturing practices. Axalta’s plan aims to streamline the powder coating manufacturing process and will include the installation of latest generation processing equipment including dosing systems designed to improve quality and reduce waste, water consumption and cleaning time. Additional implementation of packaging systems will lead to productivity improvements. Production throughout the facility will continue at full capacity during the installation of the new equipment. “We are excited to initiate these sustainable growth initiatives for our powder coating business,” said Keith...
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Axalta To Build New Coating Manufacturing and Logistics Facility in Nanjing, China November 11, 2016
The facility will expand Axalta’s manufacturing network to support market growth across south and central China and the wider Asia-Pacific region Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced today that a new manufacturing plant for high-performance automobile, commercial vehicle and industrial coatings will be constructed in Nanjing, China. The facility will be built on more than 170,000 m2 of land located at Nanjing’s National Chemical Industrial Park (NCIP). The plant is expected to be fully operational by the end of 2020 with a product distribution center and initial manufacturing capability expected to come online by early 2019. The project will build on Axalta’s total investments in China to date of close to $100 million since 2013. The project is subject to final approvals by the company and by government and local authorities. This Smart News Release features multimedia. View the full release here:...
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Axalta’s Global Refinish Brand Spies Hecker Coats Iconic Formula One Racing Helmets November 10, 2016
They look good yet withstand very harsh environments Helmets are vital in Formula OneTM. The regulations require them to be designed to withstand high stresses and temperatures of up to 900°C (1652°F). But ensuring that they also look great is the job of the driver and their helmet designer. Jens Munser works with the MERCEDES AMG PETRONAS Formula One driver Nico Rosberg to design his helmet and uses the Hi-TEC Performance System from Spies Hecker®, one of the global refinish brands of Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161110006662/en/ Jens Munser works with MERCEDES AMG PETRONAS Formula One(TM) driver Nico Rosberg to design his helmet using the Spies Hecker® Hi-TEC Performance System from Axalta Coating Systems. (Photo: Axalta) Helmets offer protection, but also share the limelight with the Formula One race...
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Axalta and NAPA Canada Celebrate 60-Year Relationship November 10, 2016
Distributor Relationship Dates to 1956 In the ever-changing marketplace, companies recognize the value and scarcity of lasting partnerships, especially those exceeding half a century. Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, recently honored its 60-year partnership with NAPA Canada at its Canadian headquarters in Montreal, Quebec. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161110006519/en/ Left to Right: Representing NAPA Canada, Alain Masse, President of UAP Inc.; Eric Léveillé, Vice President, CMAX and Paint & Body Supplies; Tom Hunt, Vice President, Product Development; Representing Axalta, Robert Searle, Refinish Product & Marketing Manager-Axalta Canada; Benoit Goulet, Regional Sales Manager, Quebec/Atlantic-Axalta Canada; Brent Jamieson, Axalta North America Sales Director; and Troy Weaver, Axalta Business Director pose with Axalta's gift to NAPA...
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Axalta to Address Rising Coatings Performance Standards in ACE Market at European Coatings Technology Forum November 9, 2016
Providing the Right Technology for Challenging Environments Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, will attend the European Coatings Technology Forum Coatings for Agriculture and Construction Equipment (ACE), taking place in Berlin, Germany, on November 24, 2016 at 11:45 a.m. Dr. Carlos Rodriguez Santamarta, Marketing and Strategy Manager for Axalta’s Industrial Coatings business in Europe, Middle East and Africa, will discuss trends and technological advances in coatings for the ACE market, which has an estimated worth of US$1.5 billion annually. Agricultural, construction and earthmoving equipment is often operated in harsh environments and exposed to humidity, wind, weather and UV radiation, which places tough demands on the coatings used to protect and to enhance it. Santamarta’s presentation, ACE coating technologies – the key to choosing the right system, will explore not only the key requirements of current ACE coatings...
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Axalta Expert Focuses on Fundamentals at Fabtech 2016 November 8, 2016
Mike Withers Will Present Technical Session Titled, The Basics of a Successful Powder Coating Operation Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is excited to announce that Mike Withers, responsible for Axalta’s architectural powder coatings in North America, will lead a technical session at the Fabtech 2016 tradeshow. Fabtech 2016, held November 16-18, at the Las Vegas Convention Center in Las Vegas, Nevada, is consistently one of the largest tradeshows in the powder coatings industry and attended by thousands of powder coating industry professionals. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161108005848/en/ Axalta's Mike Withers to present at Fabtech on November 16, 2016 in Las Vegas, Nevada. (Photo: Axalta) Along with Greg Dawson , Nordson Corporation , and John Sudges , Midwest Finishing Systems Inc. , Withers will present a technical session titled, The...
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Axalta’s Distinguished Lecture Series at the University of Pennsylvania Features Presentation on Artificial Photosynthesis for Generating Liquid Fuels and Biomass from Water and CO2 November 7, 2016
Harvard Professor Daniel Nocera Develops Artificial Leaf for Conversion of Sunlight to Storable Energy Professor Daniel G. Nocera, the Patterson Rockwood Professor of Energy at Harvard University, was the honored speaker at this year’s Axalta Distinguished Lecture Series. Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, sponsored the event which was hosted by the Department of Chemistry at the University of Pennsylvania last week. Professor Nocera’s lecture titled, A Complete Artificial Photosynthesis, explained his breakthrough research that led to the development of a highly efficient, artificial device that converts water and carbon dioxide into biomass and liquid fuels using sunlight. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161107005902/en/ Left to right: Dan Nocera, Lecture Speaker and Patterson Rockwood Professor of Energy at Harvard University; Ivan Dmochowski,...
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Axalta’s Nap-Gard wins Top 10 China Powder Coating Product Award November 3, 2016
Axalta-Huajia Coatings, a joint-venture company of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, recently won the renowned “Top 10 China Powder Coating Product” award for its Nap-Gard ® epoxy powder coatings products, for the innovation behind their durability, anti-corrosion properties and ability to help meet sustainability goals. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161103006394/en/ Mr. Dai Mengyuan, General Affairs Director from Axalta-Huajia Coatings and Mr. Sunyi, Board Director from Huajia Group (No. 4 and No. 5 from left) received the "Top 10 China Powder Coating Product” award. (Photo: Axalta) The Society of Coatings and Finishing, an affiliated organization to the Chemical Industry and Engineering Society of China (CIESC), organized a committee of industry professionals to select the winners based on several criteria, including market advantage, product...
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Axalta Announces “Paint Outside the Can” Contest Winners November 1, 2016
Submissions Judged on Creativity, Execution and Degree of Difficulty Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to announce its 2016 Paint Outside the Can contest winners. The contest invited professional auto body painters in Canada and the United States to unleash their creativity, using any Axalta-branded coating system, to paint and decorate an unused, standard one-gallon paint can. Celebrity judges selected six winning entries based on creativity, execution and degree of difficulty. In addition, six fan favorites were identified based on the number of “likes” that entries received during a four-day period on Axalta’s Refinish Instagram page. Finally, one grand prize winner was selected from the six celebrity picks. The winning entries will be displayed in Axalta’s booth #61009 at the 2016 Specialty Equipment Market Association’s (SEMA) Show November 1-4, 2016 at the Las Vegas Convention Center in Las Vegas, Nevada ....
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MEDIA ADVISORY: Axalta and Ray Evernham to Unveil Restored Iconic American Graffiti 1958 Chevrolet Impala October 31, 2016
Axalta Coating Systems , a leading global supplier of liquid and powder coatings (NYSE: AXTA), will hold a press conference to unveil TV Host and NASCAR ® Champion Crew Chief, Ray Evernham’s fully restored 1958 Chevrolet Impala from the award-winning movie, American Graffiti . Evernham will discuss the meticulous restoration process from preparation to paint job and share why the vehicle sparked a lifelong passion for cars. American Graffiti star, Candy Clark who played Debbie Dunham, will discuss her role in the movie and her affinity for the Impala. Evernham and Clark will be available for photo opportunities and autographs. Who: Axalta Coating Systems North America Representatives; Ray Evernham, TV Host and three-time NASCAR Champion Crew Chief; Candy Clark, Actress What: Unveiling of the 1958 Chevrolet Impala American Graffiti car When: Tuesday, November 1, 2016 at 3:30 p.m. Where: Las Vegas Convention Center 3150 Paradise Road Las Vegas, NV 89109 Axalta’s outdoor booth #61009  ...
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Axalta Coating Systems Opens Powder Coating Learning and Development Center October 31, 2016
Grand Opening Features American Restoration’s Rick Dale, Special Scholarship and Tours Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, celebrated the Grand Opening of its first-in-the-industry Powder Coating Learning and Development Center on October 28, 2016. Situated adjacent to Axalta’s powder manufacturing headquarters in Houston, Texas, the facility serves Axalta’s customers as well as those interested in learning more about powder coatings or advancing their application skills. Classes are available in both English and Spanish. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161031006127/en/ Michael Cash, Axalta President, Industrial Coatings, Michael Bollan, Business Director for Axalta's North America powder business, and Rick Dale, star of History Channel show American Restoration, open the Powder Coating Learning & Development Center in Houston, TX. (Photo:...
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Axalta Unveils New Brand Identity for its Imron Polyurethane line of coatings for Commercial Vehicles in China October 27, 2016
New logo embodies the trust and confidence customers have in Imron’s premium quality, durable and reliable products Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has introduced a new logo and brand identity for its iconic Imron® brand of polyurethane coatings and sustainable Imron solutions that are available to China’s commercial vehicle manufacturers. More than 80 leading commercial vehicle manufacturing companies whose representatives were drawn from technical, R&D and purchasing departments attended the special event hosted by Axalta to celebrate and introduce the new look of Imron. The Imron portfolio offers premium quality products for original equipment manufacturers (OEMs) and aftermarket repair of commercial vehicles across the globe. For five decades, Imron polyurethane enamel has been the finish of choice for leading heavy-duty truck, bus, and rail manufacturers. Imron boasts excellent durability, outstanding graffiti...
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Axalta Releases Third Quarter 2016 Results October 27, 2016
Third Quarter 2016 Highlights: Net sales of $1,023.4 million driven by volume and pricing growth of 4.4%, offset by unfavorable foreign currency translation Net loss attributable to Axalta of $10.7 million including refinancing charges of $81.9 million versus net income attributable to Axalta of $35.1 million in Q3 2015; Adjusted net income attributable to Axalta of $77.5 million for Q3 2016 versus $64.2 million in Q3 2015 Adjusted EBITDA of $233.2 million versus $216.9 million in Q3 2015 Debt refinancings will reduce annual cash interest expense by $20.6 million. USD term loan prepayment in October of $150 million will save an additional $5.6 million in annual cash interest expense Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the third quarter ended September 30, 2016. “Third quarter results demonstrated strong top line and Adjusted EBITDA performance thanks to ongoing base business development, recent...
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Axalta Announces Celebrity Line-up for the 2016 SEMA Show October 26, 2016
Axalta Coating Systems (NYSE: AXTA) , a leading global supplier of liquid and powder coatings, will have a star-studded presence at the annual Specialty Equipment Market Association (SEMA) tradeshow in Las Vegas, Nevada on November 1-4, 2016 at the Las Vegas Convention Center in outdoor booth #61009. This year’s celebrity line-up includes: This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161026006264/en/ Actress Candy Clark who appeared in the film American Graffiti will visit Axalta booth #61009 at SEMA 2016 to unveil restored ’58 Chevy Impala featured in the movie and participate in a press conference. (Photo: Axalta) Justin Allgaier – NASCAR® Xfinity Series driver of the No.7 Chevrolet Camaro for JR Motorsports. Pinstripe Practice and Autograph Session – Wednesday, November 2 from 9:00 a.m. to 1:00 p.m. Alex Bowman - NASCAR ® Xfinity Series driver for JR Motorsports (JRM) and one of the substitute drivers for Dale...
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Dura Coat Partners with Coated Metal Group to Deliver Innovative Roofing Solutions October 25, 2016
New Ceranamel XT40S Product Designed to Show 3-Dimensional Appearance Dura Coat Products Inc. , an Axalta Coating Systems (NYSE: AXTA) company, is partnering with Coated Metal Group (CMG) to combine innovative engineering and the advanced technology of Dura Coat coil products to produce state-of-the-art roofing and siding materials. CMG is a leading manufacturer of pre-finished steel products for the commercial and residential property construction industry. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161025006578/en/ Coated Metal Group’s innovative roofing designs finished with Dura Coat Durapon 70 coatings. (Photo: Axalta) Dura Coat coating technologies being used on CMG construction projects include Durapon™ 70, a premium PVDF coating that is harder and more flexible than other PVDF coatings, and Ceranamel™ XT40S-SMP, a smooth, durable polyester resin formulated to provide superior resistance to chalking, fading...
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From the Classroom to the Stream - Axalta Helps Students Get Hands-on Experience at Stroud Water Research Center October 25, 2016
Fresh water is one of Earth’s most precious resources, but also one of its most scarce. Water covers two-thirds of our planet, but fresh water accounts for only one percent of that total, making it a critical resource to conserve for future generations. Axalta Coating Systems (NYSE:AXTA), a leading global supplier of liquid and powder coatings, recently partnered with Stroud Water Research Center to host the Serviam Girls Academy , a tuition-free, independent middle school serving girls in grades five through eight, for a day of learning focused on freshwater conservation at Stroud’s headquarters in Avondale, Pennsylvania . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161025006105/en/ Axalta Coating Systems and Stroud Water Research Center host Serviam Girls Academy students during Stroud's Stream program. (Photo: Axalta) During the program, the girls donned wading boots and got hands-on with stream life, collecting...
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Axalta Coating Systems Hosts and Presents at Powder Coating Institute’s Workshop–Powder Coating 101: Basic Essentials October 24, 2016
Axalta and Industry Experts Share Powder Coating Fundamentals Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, shared coating expertise at the Powder Coating Institute’s (PCI) Powder Coating 101: Basic Essentials workshop held October 18-20, 2016 at Axalta’s powder manufacturing plant in Houston, Texas. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161024006133/en/ Axalta's Mike Withers presents at PCI's Powder Coating 101: Basic Essentials Workshop. (Photo: Axalta) The two-day workshop provided an introduction to powder coating and focused on the fundamentals of the powder coating process. The event featured expert-led instruction on a variety of subjects including pretreatment, powder application, booth recovery systems and system loading, and offered a hands-on lab demonstration of powder coating equipment. Michael Withers, Axalta’s Architectural Segment Leader presented...
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Axalta Launches New Self-bonding Electrical Steel Coating October 24, 2016
Voltatex 1175W-1K offers longer shelf life and improved handling Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, has developed a new one-component self-bonding electrical steel varnish called Voltatex® 1175W-1K. The new varnish offers longer shelf life and significantly improved handling with the same technical performance as standard two-component systems. Self-bonding characteristics have become increasingly important in the production of high-quality magnetic cores for stators and rotors. Self-bonding products offer decisive manufacturing benefits as they deliver precise and reproducible adhesion and ensure that the varnish is not squeezed out of bonded stacks. Self-bonding properties are therefore in high demand, particularly for the production of wind-turbine generators, but also in the manufacture of motors for electric vehicles (EVs)and hybrid electric vehicles (HEVs). “Voltatex 1175W-1K provides users with increased product...
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Dura Coat to Showcase High Performance Coatings at METALCON in Baltimore October 21, 2016
NASCAR® champion Jeff Gordon will greet attendees and sign autographs Dura Coat Products Inc., an Axalta Coating Systems (NYSE: AXTA) company, will display its line of premium quality, high performance coil, extrusion and tube coatings at METALCON, the premier trade exhibit bringing together professionals in the metal construction sector, held at the Baltimore Convention Center in Baltimore, Maryland on October 26-28. NASCAR® champion Jeff Gordon will make a special appearance in the Dura Coat booth (2207) to meet customers and attendees on Wednesday, October 26 from 2:00 p.m. to 4:00 p.m. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161021005710/en/ Innovative rooftop finished with Dura Coat Durapon 70 coatings. (Photo: Axalta) Dura Coat, a leading supplier of industrial coatings formulated to be environmentally responsible, offers an extensive range of coil coatings for use in building components and aluminum...
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Axalta Promotes Science Leadership with its Partner Stroud Water Research Center October 20, 2016
Axalta Sponsors and Presents at Science Seminar Series Marc Goldfinger, Axalta Global Technology Manager, provided insights into Axalta’s sustainable products and initiatives during Stroud Water Research Center’s Science Seminar Series event at the Union League of Philadelphia last night. Axalta Coating Systems (NYSE:AXTA), a leading global supplier of liquid and powder coatings, is a proud supporter of Stroud Water Research Center and its award-winning environmental education programs. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161020006289/en/ Axalta's Marc Goldfinger presents during Stroud Water Research Center's Science Seminar Series. (Photo: Axalta) “I was honored to kickoff the Stroud Water Research Center Science Seminar lecture,” said Goldfinger. “Axalta and Stroud have a great partnership and a similar belief in the power of sustainable initiatives, products and programs. Stroud’s tireless research on...
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Axalta-sponsored Wolfast UniOvi MotoStudent IV Motorbike Unveiled October 19, 2016
Axalta supports the team with application technology and coatings Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, supplied the Wolfast UniOvi student team with the latest technology waterborne refinish paint, and helped them paint their motorbike prototype in preparation for the MotoStudent IV competition held recently at the University of Oviedo. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161019006325/en/ Axalta-sponsored Wolfast UniOvi MotoStudent IV motorbike finished with waterborne paint technology (Photo: Axalta) Every year, MotoStudent challenges university students around the world to design and to manufacture motorbike prototypes in one of two categories - 250cc four-stroke engine and fully electric - which then go head to head in a race at the Motorland World Championship Aragón Circuit in Spain . This year’s competition has attracted 55 entrants from...
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Axalta Announces 2016 Custom Finishes Calendar Competition Winners October 19, 2016
The Best of the Best Will Be Featured in 2017 Edition of Historic Publication Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to announce the winners of its 2016 Custom Finishes Calendar Competition who will appear in the 2017 calendar. Custom car owners and builders from across the United States and Canada vied to have their vehicles featured in the custom calendar that Axalta has produced annually since 1993. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161019005911/en/ Axalta’s Custom Finishes calendars can be customized with your business name. Order now at www.axaltacalendars.com. (Photo: Axalta) Axalta experts looked for motorized passenger vehicles including automobiles (imported or domestic), motorcycles, aircraft or watercraft that are finished with Axalta’s custom Cromax ® , Nason ® , Spies Hecker ® , Standox ® brands, or Hot Hues TM products. Entrants...
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Discovery Channel’s New Season of Texas Trocas Features Axalta’s Paint October 18, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings celebrating its 150th anniversary in the coatings industry, is pleased to announce its partnership with Texas Chrome heavy duty truck body shop for its upcoming season on Discovery Channel’s television show, Texas Trocas. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161018006723/en/ A 2000 Kenworth W900 built by Texas Chrome Shop and finished with Axalta Imron® 6600 CT™ won Best of Show at the Great American Trucking Show and will appear on Discovery Channel's Texas Trocas TV show. (Photo: Axalta) The show features project builds including a 2000 Kenworth W900 heavy duty truck that was recently finished with Axalta’s Imron® 6600 CT polyurethane basecoat. The Kenworth, owned by Omar Ruiz of Midland, Texas won the coveted Best in Show–Builders Class award in its first public appearance at the Great American Trucking Show (GATS)...
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Axalta Coating Systems Working with Bombardier on Two Important London Rail Contracts October 18, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, has been working with Bombardier Transportation on two major railway projects in London, England . Bombardier Transportation is a global leader in the rail industry, with 61 production and engineering sites and 18 service centers in 28 countries. Both projects will utilize products from Axalta’s leading Imron ® Hydro portfolio of coatings. Elizabeth Line (previously known as Crossrail) Steve Wilson , Axalta’s Rail Business Development and Key Account Manager for EMEA, and his team have been working for more than two years on the Elizabeth Line (previously known as the Crossrail project), which involves 669 rail cars. From improving journey times across London , to easing congestion and offering better connections, The Elizabeth Line will provide easier, quicker and more direct travel opportunities across London . The project is among the most significant infrastructure projects ever...
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Axalta Coating Systems Debuts New Alesta Illusion Powder Coatings During Auction of Restored Pedal Car October 18, 2016
Axalta to Auction Powder-coated, 1950s Pedal Car Using New Alesta Illusion Peerless Pink Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has found a unique way to debut its new line of Alesta® Illusion powder coatings while giving back to the community. Axalta’s soon-to-be released Peerless Pink powder coating, from its new Alesta Illusion line of coatings, covers a fully restored 1950s pedal car that will be auctioned on October 28, 2016 at Axalta’s new powder coating Learning and Development center in Houston, Texas to benefit the Susan G. Komen breast cancer foundation This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161018006150/en/ Axalta Coating Systems Debuts New Alesta Illusion Powder Coatings During Auction of Restored Pedal Car. (Photo: Axalta) “We are thrilled to introduce our new Illusion color line that is both attractive and effective,” said Kristen Boyd , Axalta...
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Axalta Presents Advancements in Business Intelligence Integration and Sustainability at the 20th Annual EtQ User Conference October 17, 2016
Information Technology Applications Architect, Rob Elkins and Global Data Manager, Stan Nickle of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, presented Axalta’s innovations in areas concerning global environment, health and safety (EHS) and quality data management at the 20th Annual EtQ User Conference held October 10-14 in Nashville, Tennessee . The EtQ User Conference draws EHS and quality professionals from numerous industries worldwide to share experiences and learnings using the EtQ Reliance Software Platform for managing EHS and quality processes and data. “The EtQ Reliance platform provides a globally consistent view of our EHS and quality data which helps manage global policy and programs in EHS and quality systems,” noted Mr. Elkins in describing the advantages of the platform. Thorough and accurate quality data helps the company improve processes providing benefits to its customers. His presentation focused on integrating...
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Axalta’s Imron Paint Shines on Fishing Boat Featured on TV Hit Wicked Tuna October 17, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings celebrating its 150th anniversary in the coatings industry, is excited to announce its sponsorship of the Hot Tuna fishing boat featured on National Geographic Channel’s hit show, Wicked Tuna . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161017005912/en/ Hot Tuna boat painted with Axalta Imron marine finishes to be featured on “Wicked Tuna” television show. (Photo: Axalta) Axalta’s Imron® MS600™ Single Stage polyurethane topcoat protects and beautifies Captain T.J. Ott’s 39-foot, Hot Tuna boat. The boat is painted in a custom color aptly named Hot Tuna Blue. The boat will be featured in next season’s episodes in winter 2017. Imron MS600 is scientifically engineered to achieve long-lasting high gloss appearance, performance, and corrosion protection specifically for the marine segment. The durability and abrasion resistance of...
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Axalta Experts to Present at Society of Collision Repairers Specialists’ Program During SEMA Education Days October 14, 2016
Sessions Focus on Issues Relevant to Today’s Collision Repair Professionals GLEN MILLS, Pa.-(BUSINESS WIRE)- Experts from Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will speak at the annual Specialty Equipment Market Association (SEMA) tradeshow on November 1-4, 2016 at the Las Vegas Convention Center (LVCC), in Las Vegas, Nevada. Both presentations are part of the Society of Collision Repair Specialists’ (SCRS) Repairer Driven Education series (RDE). The RDE series features courses that are individually selected or crafted by SCRS and specifically focused on issues relevant to collision repair professionals operating in today’s marketplace. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161014005446/en/ 11:30 a.m. in the LVCC Upper North Hall, N241, Steve Trapp, Axalta's Services Manager-North America will present, Selling and Marketing in an Increasingly Competitive...
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Axalta Lays Strategic Foundation for Middle East Expansion October 13, 2016
Global Coatings Leader Celebrates 150 Years of Industry Innovation with New Regional Office and Refinish Training Centre in Dubai Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has formally opened its regional office in Dubai’s Jebel Ali Free Zone Authority (JAFZA). Designed to expand its regional sales and customer service capability, Axalta’s investment responds to the region’s continued growth that is outperforming other global markets in automotive industry sales. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161013006100/en/ Charlie Shaver, Axalta Chairman and CEO (center), Sobers Sethi, Axalta Vice President, South and East Asia and Middle East and North Africa (MENA) Region (right), and Fadi Medlej, Axalta Managing Director of MENA (left) and others open Axalta MENA Regional Office in Dubai (Photo: Axalta) In addition to this strategic milestone in Axalta’s...
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Axalta to Highlight the Need for Speed at the 2016 SEMA Show October 11, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will exhibit at the Specialty Equipment Market Association (SEMA) tradeshow November 1-4, 2016 at the Las Vegas Convention Center in Las Vegas, Nevada . The SEMA show is regarded as the premier automotive and specialty products event worldwide. Axalta is proud to offer live product and skill demonstrations, introduce new custom colors, and reveal an iconic classic car restoration within Axalta’s 5,200+ square feet of indoor and outdoor exhibit space. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161011006635/en/ Axalta Coating Systems outdoor booth rendering. (Photo: Axalta) Themed “Engineered for speed,” Axalta’s outdoor space (#61009) features a fully-functional Global Finishing Solutions paint booth with infrared technology that allows visitors to experience the speed of Axalta’s highly-productive, wet-on-wet waterborne...
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Axalta congratulates the MERCEDES AMG PETRONAS Formula OneTM Team on achieving #TheTriple October 10, 2016
The MERCEDES AMG PETRONAS Formula One TM Team has followed up on its successes in 2014 and 2015 by winning the 2016 FIA Formula One TM World Constructors’ Championship 1 . Securing the title at the Japanese Grand Prix in Suzuka on Sunday, October 9, 2016 , Mercedes-Benz becomes only the fifth constructor to win three consecutive titles. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161010006146/en/ Nico Rosberg's win at Japanese Grand Prix gives Mercedes AMG Petronas Formula One Team the World Constructors' #TheTriple (Photo: Axalta) As an Official Team Supplier, Spies Hecker, one of the global refinish brands of Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, is responsible for the paint of the high-impact, instantly-recognizable livery on the most recent Silver Arrow – the Mercedes F1 W07 Hybrid car. “Massive congratulations to the MERCEDES AMG PETRONAS Formula One TM...
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Axalta Coating Systems Partners with the Powder Coating Institute to Offer Axalta Achievement Scholarship October 7, 2016
Axalta Coating Systems (NYSE:AXTA), a leading global supplier of liquid and powder coatings, is proud to announce the Axalta Achievement Scholarship award presentation for the 2016-2017 academic year in partnership with the Powder Coating Institute (PCI). Axalta will present its inaugural scholarship to Zhongzheng Cai, University of Houston PhD Chemistry student. Who: Mike Cash, Axalta President-Industrial Coatings and Zhongzheng Cai, scholarship recipient What: Axalta Achievement Scholarship award presentation When: October 28, 2016, at 11:30 a.m. Where: Axalta’s Powder Learning and Development Center 9800 Genard Rd. Houston, TX 77041   About Axalta Coating Systems – Celebrating 150 Years in the Coatings Industry Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our...
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Axalta Presents Apprentice Checklist at FenderBender Conference October 6, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, attended the FenderBender Conference recently held in Chicago . Steve Trapp , Axalta’s North America Services Manager, presented a session titled, Recruiting, Hiring and Management, which addressed the growing concern regarding technical and administrative staff shortages and talent poaching in the collision repair industry. Trapp also introduced an apprentice checklist designed to tackle challenges within the recruitment process, new hire orientation, mentorship and employee development. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161006006000/en/ Axalta's Steve Trapp leads a working group that will develop an apprentice checklist. (Photo: Axalta) “The purpose of the checklist is to help body shops and their teams succeed,” said Trapp. “The checklist will serve as a roadmap for businesses and employees alike. For...
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Axalta’s Powder Coatings Expand with New Architectural-grade Alesta AR400 Champagne Metallic Color October 5, 2016
New Color Provides Flexibility and UV Resistance to Beautify and Protect Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to announce the expansion of its architectural-grade, AR400 powder coating palette, with the new–Alesta® AR400 Champagne Metallic color. This addition offers powder coating customers even more premium color options that are designed to have exceptional color quality and weatherability. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161005005236/en/ Axalta introduces a new addition to its AR400 Color Collection, AR400 Champagne Metallic. (Photo: Axalta) “We are very excited about the debut of our new AR400 Champagne Metallic color,” said Craig Dietz , Axalta Product Manager. “The addition of this beautiful hue to our AR400 collection demonstrates our commitment to expand our color offerings, with coatings that are durable and deliver high...
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Shelby Cobra Wins Axalta’s “Best in Blue” Award at Hagley Car Show October 4, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, turned the Hagley Car Show blue to celebrate its North American Automotive Color of the Year 2016-Brilliant Blue. Axalta’s booth featured a pedal car and mini hoods painted in Brilliant Blue, giveaways that featured the chromatic color, and a five foot trophy for the winner of Axalta’s “Best in Blue” award. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161004006456/en/ Dennis Whitaker drives his award-winning 1965 Superformance Shelby Cobra replica in the Hagley Car Show parade with Axalta's Nancy Lockhart . (Photo: Axalta) The car show, held in Wilmington earlier in the month hosted more than 500 automobiles including antiques, restored cars, and trucks. Many displayed an impressive use of the color blue, but the standout vehicle and “Best in Blue” winner was Dennis Whitaker’s 1965 Superformance Shelby Cobra replica from...
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Axalta to Feature its Celebrated line of Voltatex Energy Solutions Products at Coil Winding, Insulations and Electrical Manufacturing Exhibition in Chicago October 3, 2016
Axalta Coating Systems (NYSE: AXTA) continues to celebrate its 150 th anniversary in the coatings industry with its display of Voltatex ® family of Energy Solutions coatings at the Coil Winding, Insulations and Electrical Manufacturing Exhibition (CWIEME) October 4-6 at the Donald E. Stephens Convention Center in Chicago, Illinois . For more than 70 years, Axalta has offered an extensive line of Voltatex electrical insulation products including wire enamels, impregnating resins and core sheet varnishes that are designed to work together to improve operating efficiencies of the materials they coat. Voltatex core sheet insulation varnishes, mainly applied by coil coating technology, are formulated for fast curing in a tunnel oven that allows for increased production at a high quality level. Voltatex core sheet varnishes are suitable for high speed curing. The Axalta Energy Solutions coatings utilize unique materials and processes to offer products designed for high heat-resistance, high...
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Axalta India wins two Quality Circle Golden Awards at QCFI 27th Annual Convention September 30, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, won the Quality Circle Forum of India (QCFI) Golden award in Six Sigma and 5S categories at the QCFI 27th Annual Convention held September 18 in Vadodara. QCFI, a national body of professionals committed to assisting individuals and organizations implement quality concepts, recognized and awarded Axalta India at the event. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160930005851/en/ From left to right the Axalta Savli Plant team included: Tanveer Shaikh , Vijay Parashar , Mr. Piyush Bansal (Plant head - Apollo Tyres ) and Ajinkya Joshi (Photo: Axalta) The convention invited more than 190 organizations from across India to present case studies on quality concepts such as Quality Circle, Lean, Six Sigma 5S and Kaizen integrated with Total Productive Maintenance or TPM. Two project teams from Axalta India presented best...
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Axalta’s Sustainable Coating Systems Wins Top Recognitions at SURCAR International Awards 2016 September 23, 2016
Winning technologies designed to help auto makers simplify paint processes and reduce environmental footprint Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, won two industry awards for its sustainable High Solids 3-Wet and Eco-Concept waterborne coating systems at the SURCAR International Awards 2016. Both advanced technologies received awards in the Environmental Footprint category: the High Solids 3-Wet case study received the Air Emission Award, while the Eco-Concept primerless waterborne case study received the Energy Saving Award. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160923005810/en/ James Chen, Axalta's Business Director, China, Transportation (far left) and members of Axalta's winning light vehicle coatings organization in China. (Photo: Axalta) SURCAR, the world’s leading automotive body finishing congress, has been active for more than 50 years. Each...
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Axalta Launches New Generation of Waterborne Impregnating Resins September 21, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announces the introduction of the Voltahyd ® 2250 series T, M and E electrical insulation coatings, the company’s first waterborne impregnating resins available in China . This new series of Energy Solutions products, whose waterborne formulation is designed to be more environmentally responsible than conventional products, is suited to a number of specialized applications. Axalta scientists located at the company’s research center in Shanghai have developed a product line that substantially reduces emissions of volatile organic compounds typically associated with the impregnation of transformers, motors and generator windings, as well as electronic components. Risks from fire are reduced as a result of the waterborne formulation and Voltahyd 2250E and 2250M are also formaldehyde-free. Aside from significantly improved environmental, health and safety properties compared to solvent based...
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Axalta Employees’ Back-to-School Drive Helps Thousands of Philadelphia-area Students September 1, 2016
With thousands of children on their way back to school, many without basic tools such as pens, pencils and notebooks, employees of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, organized a school supply drive at Axalta’s North American headquarters in Glen Mills, Pennsylvania . The drive took place over a three-week period in July and August. Employees donated hundreds of items including notebooks, rulers, calculators and more. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160901006087/en/ Families wait in line in Chester, Pennsylvania at City Team's Backpack Day to receive backpacks filled with school supplies from donors including Axalta employees who organized a Back-to-School drive. (Photo: Axalta) Axalta is dedicated to giving back to the communities in which we work and live. In this spirit, we partnered with City Team, a nonprofit in Delaware County, Pennsylvania...
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Axalta Reveals New Imron Polyurethane Global Brand Identity August 31, 2016
New logo symbolizes attributes of Imron coatings Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, is pleased to announce a new visual identity for its iconic Imron® brand of polyurethane coatings, a portfolio of premium quality products for original equipment manufacturers (OEMs) and, in selected markets, for the aftermarket repair of commercial vehicles. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160831006558/en/ Axalta reveals new global logo and brand identity for Imron polyurethane product line. (Graphic: Axalta) For decades, Imron polyurethane enamel has been the number one finish of choice for leading heavy-duty truck, bus, and rail manufacturers. Imron boasts excellent durability, outstanding graffiti-resistant performance on topcoats and clears, reliable corrosion protection, and excellent resistance to chemicals and weathering, as well as shock and impact....
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Axalta’s Spies Hecker and Standox Gain Re-approval August 26, 2016
Two Axalta Coating Systems global premium refinish brands are recommended for use in 39 countries BMW AG has renewed its approval for 2016 of Spies Hecker and Standox - two of the global premium refinish brands of Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings. The agreements with the two brands include use of Spies Hecker® and Standox® refinish technologies, including comprehensive technical body shop support and targeted training, across BMW AG’s service network in 39 countries across Europe, Middle East, Africa, Eastern Europe and Asia-Pacific. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160826005800/en/ Axalta gains re-approval for Spies Hecker and Standox from BMW AG (Copyright: BMW AG) Jürgen Knorr, Director, Key Accounts, Refinish Systems in Axalta’s Europe , Middle East and Africa region, says, “Our refinish paint technologies and services have once again...
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Axalta Coating Systems Earns Daimler Trucks North America Masters of Quality Supplier Award August 23, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has received its 17th Daimler Trucks North America (DTNA) Masters of Quality Supplier Award. Selected suppliers are top quality providers of components and services for Daimler’s Freightliner and Western Star truck brands. The annual program, now in its 29th year, recognizes outstanding suppliers that have received high scores on their quality, delivery, technology and cost performance as measured on a balanced scorecard basis. According to DTNA, these suppliers demonstrate an on-going commitment to continuously improving the quality of their products, support to DTNA and overall performance of their businesses. “Daimler’s recognition is a great honor for the entire Axalta Coating Systems team,” said Joseph Wood , Axalta’s Vice President–Commercial Transportation Coatings. “The award acknowledges our commitment to put our customers first, one of our company’s values. We strive to do this...
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Axalta Researchers Present Developments for Producing Advanced Coatings at 252nd American Chemical Society National Meeting in Philadelphia August 22, 2016
Better polymerization catalysts and micro-scale coating characterization help to develop advanced coatings Senior Chemist Dr. Andrew Lewis and Senior Scientist Dr. Kyle Price, of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, each presented their developments in polymerization catalysts and micro-scale coating characterization at the 252nd American Chemical Society (ACS) National Meeting held in Philadelphia, Pennsylvania on August 21-25. The ACS National meeting draws researchers and experts in multiple chemistry disciplines from academic and industrial institutions worldwide. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160822005523/en/ Axalta's Senior Chemist Dr. Andrew Lewis (Photo: Axalta) Polymer resins help to achieve desired structural, performance and visual aesthetic appearance properties in liquid and powder coatings. Catalysts are essential for producing many...
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Axalta Powder Coatings Expert Presented at the International Congress of Aluminum and Exposition August 19, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, presented during the International Congress of Aluminum Exposition 2016 (CIAYyE2016) held August 10-13, 2016 at the Fiesta Americana in Queretaro, Mexico . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160819005356/en/ Axalta's Michael Withers presents at the Fiesta Americana in Queretaro, Mexico . (Photo: Axalta) Mike Withers, Axalta Architectural Segment Leader, gave a technical session on August 12 titled, Coating Technologies in the Architecture Segment. It explained powder coating applications, levels of powder coating performance and he presented an in-depth look at Axalta’s aluminum-applicable primers and coatings. The presentation also highlighted international architectural paint specifications for aluminum use as well as Axalta’s innovations for the aluminum coatings industry. “This event allows Axalta to showcase...
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Axalta to Display its Brilliant Paint for Marine Industry August 17, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings celebrating its 150th anniversary in the coatings industry, will exhibit at the 12 th Annual Virginia Beach Billfish Tournament (VBBT) that will be held at Southside Marina in Virginia Beach, Virginia on August 24-27 . The VBBT is a member of Virginia Beach Billfish Foundation , a non-profit organization dedicated to giving back to the community with a focus on youth and marine-related charities. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160817005746/en/ The beauty and protection of Axalta's Imron Marine Coatings will be on display at the Virginia Beach Billfish Tournament.(Graphic: Axalta) Axalta offers a premium quality line of coatings designed to deliver the industry’s best appearance, performance, and corrosion protection specifically for the marine segment. Axalta’s booth will feature Imron® MS600™ Single Stage...
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Axalta Coating Systems launches Syrox, a new refinish brand August 16, 2016
Syrox is a complete and compact refinish paint system for passenger cars Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, has launched SyroxTM, the latest brand in its refinish portfolio. Designed with new European formulations specifically for the mainstream aftermarket segment, Syrox is a complete and compact refinish paint system, including a waterborne basecoat, developed for passenger car repairs. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160816006179/en/ Axalta introduces Syrox refinish system in Europe. (Photo: Axalta) The Syrox refinish system provides a cost-effective alternative to premium product offerings. With a compact yet complete portfolio of paint products, Syrox is easy to use and to apply. New users will find the application technique of single coats with intermediate flash-off times reassuringly familiar. Coverage can be achieved in two coats plus...
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Axalta North America Launches Refinish Sustainable Star Awards August 15, 2016
Program Celebrates Body Shops Who Implement Sustainable Practices Individuals and businesses are increasingly taking responsibility to help preserve our future. Recognizing good stewardship is an essential part of the equation. Today, Axalta Coating Systems, (NYSE: AXTA) a leading global supplier of liquid and powder coatings, launched the Axalta Sustainable Star Awards program for body shops who use sustainable practices. The contest runs until 11:59 p.m. on November 15, 2016. The launch follows Axalta’s recent release of its 2014-2015 Sustainability Report. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160815006146/en/ Axalta Coating Systems launches Sustainable Star Awards program in North America. (Graphic: Axalta) As a coatings company, we produce products that are designed to improve durability, increase productivity and add beauty, while reducing our environmental footprint and reducing our energy intensity...
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Renault presents Axalta Coating Systems with Supplier Award for Innovation August 12, 2016
Axalta Coating Systems (NYSE:AXTA), a leading global manufacturer of liquid and powder coatings, has been honoured with a supplier award for innovation for its new refinish fast-cure clearcoat technology by French car maker Renault, at a ceremony in Paris, France , which took place on 20 June 2016 . Axalta is the only company this year to receive an award from Renault in the innovation category. Adrien Schrobiltgen, Axalta’s Vice President of Refinish Systems for Europe , Middle East & Africa , and Laurent Oliveras , Axalta’s Country Business Manager of Refinish Systems for France , received the award from M. Gaspar GASCON ABELLAN – Product Engineer Director for Renault, on behalf of Axalta. Schrobiltgen says, “We are very honoured to have been selected by Renault for this award. Axalta is a company driven by the desire to help its customers achieve their goals, and that means we continually invest in developing new innovations to meet specific customer needs. We have just...
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Axalta Coating Systems and the Philadelphia Eagles Seek Remarkable Teachers August 10, 2016
Axalta All-Pro Teachers program recognizes 6 th through 12 th grade teachers for educational drive, innovative use of technology, and community commitment in schools across the Delaware Valley The Philadelphia Eagles and Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, have partnered to recognize exceptional middle school and secondary school teachers specializing in STEM (science, technology, engineering, mathematics) education across the region in the 2nd Annual Axalta All-Pro Teachers program. Ten teachers will receive special recognition for their educational drive, innovative use of technology, and community commitment inside and outside of their classrooms. A call for nominations is now open at http://www.philadelphiaeagles.com/AxaltaAllProTeachers/. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160810006207/en/ A teacher may be nominated by current or former...
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Axalta Attends 33rd Annual Pirate’s Cove Billfish Tournament August 10, 2016
Axalta Coating Systems (NYSE: AXTA) will be on deck at the 33 rd Annual Pirate’s Cove Billfish Tournament held in North Carolina’s Outer Banks on August 16-19 . Axalta, a leading global supplier of liquid and powder coatings, offers a premium quality line of coatings designed to deliver the industry’s best appearance, performance, and corrosion protection specifically for the marine segment. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160810005690/en/ Axalta will feature the beauty and brilliance of its Imron Marine Coatings at the Pirate's Cove Billfish Tournament in the Outer Banks . (Photo: Axalta) The Pirate’s Cove tournament pavilion will hold exhibits from supporters and sponsors promoting their sport-fishing products, services, and accessories. Axalta’s booth will celebrate its 150th anniversary in the coatings industry and feature Imron® MS600™ Single Stage Polyurethane Topcoat, Imron MS100™ Polyurethane...
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Axalta Publishes Sustainability Report 2014 – 2015 August 9, 2016
Reviews Progress and Initiatives in Operations, R&D, Human Resources and CSR Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has published its sustainability report covering the company’s progress against a range of sustainability metrics measured over the course of 2014 and 2015. The report reviews accomplishments in operations and environmental compliance, technology and product innovations, talent acquisition and development that will provide the foundation for sustained growth, and corporate social responsibility initiatives that give back to the communities in which Axalta operates. The report was prepared using the Global Reporting Initiative’s (GRI) G4 guidelines and includes a completed GRI Index. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160809006431/en/ Employees at Axalta's operations center in Tlalnepantla, Mexico, among the many people of Axalta around...
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Axalta to Display Its Brilliance at the Danchuk Tri-Five Nationals August 4, 2016
The Largest Celebration Ever of the Tri-Five Chevrolets Comes to Bowling Green The American Tri-Five Association will hold its second annual celebration of the iconic Tri-Five (1955, 1956 and 1957) Chevrolets, on August 12-13 at the Beech Bend Raceway in Bowling Green, Kentucky. Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will showcase Jerry and Lorrie Jacobs' 1957 Chevrolet Bel Air at the event. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160804005788/en/ Axalta Coating Systems will be in Bowling Green with Jerry and Lorrie Jacobs' 1957 Chevrolet Bel Air painted with Axalta's Hot Hues Candy Brandywine and Candy Charcoal. (Photo: Axalta) The Bel Air is painted with Axalta's Hot Hues TM Candy Brandywine and Candy Charcoal. It features a 573 cubic inch, blown-and-injected polished aluminum engine; a hand-built, all-aluminum hood; a sectioned top; a shaved body; a...
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Axalta Prices Notes Offering August 2, 2016
Axalta Coating Systems Ltd. (NYSE: AXTA) (the “Company”) today announced that its indirect, wholly owned subsidiary, Axalta Coatings Systems, LLC (the “Issuer”), priced its offering of $500.0 million in aggregate principal amount of 4.875% Senior Notes due 2024 (the “Dollar Notes”) and €335.0 million in aggregate principal amount of 4.250% Senior Notes due 2024 (the “Euro Notes” and, together with the Dollar Notes, the “Notes”). The Notes are being offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States in compliance with Regulation S under the Securities Act. The Notes will be fully and unconditionally guaranteed by Axalta Coating Systems Dutch Holdings B B.V., an indirect, wholly owned subsidiary of the Company (“Dutch Parent”) and each of Dutch Parent’s existing restricted subsidiaries, subject to certain exceptions, but will not be guaranteed by the Company. The Issuer...
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Axalta opens Europe, Middle East and Africa management headquarters in Basel, Switzerland August 2, 2016
Move creates truly regional-focus strategic management centre Axalta Coating Systems (NYSE:AXTA), a leading global manufacturer of liquid and powder coatings, has opened its new Europe, Middle East and Africa (EMEA) headquarters in Basel, Switzerland. Members of Axalta’s EMEA leadership team, who had been located in different offices, have all been in the new Swiss premises as of July 1 when the regional headquarters became fully operational. Matthias Schönberg, Axalta Vice President and President of EMEA, says, “This move reflects our commitment to have a truly regional vision. By having our EMEA leadership team, who set the strategic direction of the EMEA businesses, in one location, we can leverage synergies and focus fully on driving growth in our markets. This in turn allows our country management teams to concentrate on the all-important daily local operations. But ultimately, this change is designed to make all of us in the region even more focused on our customers through...
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Axalta Coating Systems Completes Acquisition of Coil and Spray Coatings Manufacturer Dura Coat Products August 1, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has completed its acquisition of a majority stake in Dura Coat Products, a leading manufacturer of coatings for metal coil and aluminum extrusion markets in North America . Financial terms of the transaction were not disclosed. Dr. Myung Ki Hong will remain Chairman and Chief Executive Officer of Dura Coat to ensure a smooth transition of the business. Founded in 1986, Dura Coat has developed a leadership position in the market via its singular focus on overcoming customer challenges through innovation. Well-known Dura Coat brands include Durapon™, Ceranamel™ and the XT series of specialty coatings. Dura Coat’s innovative product lines have been formulated to suit a variety of building construction needs, general industrial applications, and treatment of aluminum extrusions. About Dura Coat Products – Best Paint Solutions for You and the Environment Since its entrepreneurial start in 1986 by...
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Axalta’s Annual Latin America Distributor Convention – Cancún, México – Platform for Growth August 1, 2016
NASCAR Legend Jeff Gordon Addresses More Than 600 Participants Axalta Coating Systems (NYSE: AXTA), a leading global provider of liquid and powder coatings, concluded its annual Latin America regional distributor convention in Cancún, México with more than 600 attendees participating in business presentations and strategic planning meetings. The five-day event offered opportunities for distributors and other customers to hear from Axalta management about the latest global developments from investments in new facilities and R&D capabilities to acquisitions and new products. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160801005748/en/ NASCAR legend Jeff Gordon addresses Axalta Latin America distributors convention. (Photo: Axalta) “This event is a unique opportunity to come together with our distribution partners and customers from across the Latin America region to celebrate our business achievements over the past...
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Axalta Still Cruisin’…Next Stop Is Louisville, Kentucky August 1, 2016
Axalta to Showcase Automotive Art Created With Its Brilliant Paints How hot will this summer get? How about checking out one of the hottest hot rod shows in the Midwest? Consider stopping by the 47th Annual NSRA Street Rod Nationals Plus at the Kentucky Exposition Center in Louisville, Kentucky on August 4-7. Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is proud to support this show as well as more than a dozen other custom car shows across the country this year. We’ll be cruisin’ into Louisville with five dazzling vehicles including: This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160801005707/en/ Axalta and Richard Broyles’ 1941 Ford Truck “Mirage” painted with Axalta’s Cromax® ChromaPremier® primer, Sunset Mirage basecoat and clearcoat are headed to Louisville, Kentucky. (Photo: Axalta) Richard Broyles’ 1941 Ford Truck “Mirage” painted with Axalta’s Cromax ®...
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Axalta Coating Systems Acquires Geeraets Autolak Business August 1, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, has acquired the business of Geeraets Autolak, a distributor of Axalta’s Cromax ® refinish coating products in the Netherlands for nearly 40 years. The operations of Geeraets Autolak will be integrated into the Axalta organization, operating under the Cromax name. The acquisition takes effect immediately. Financial terms of the agreement were not disclosed. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160801005648/en/ From left: Han Verschoor , Axalta Sales Manager Netherlands, and Gerard Geeraets, owner Geeraets Autolak (Photo: Axalta) Cromax, one of Axalta’s global premium refinish brands, is designed to increase the productivity of its body shop customers with coatings systems engineered for fast and accurate application, coupled with business solutions, advanced color measurement technology, marketing support and...
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Axalta Commences Notes Offering August 1, 2016
Axalta Coating Systems Ltd. (NYSE:AXTA) (the “Company”) announced that its wholly owned subsidiary, Axalta Coatings Systems, LLC (the “Issuer”), intends to offer $875.0 million (equivalent) in aggregate principal amount of senior unsecured notes comprised of one tranche of dollar-denominated senior unsecured notes and one tranche of euro-denominated senior unsecured notes (collectively, the “Notes”), subject to market conditions, to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States in compliance with Regulation S under the Securities Act. The Notes will be fully and unconditionally guaranteed by Axalta Coating Systems Dutch Holdings B B.V., an indirect, wholly owned subsidiary of the Company (“Dutch Parent”) and each of Dutch Parent’s existing restricted subsidiaries, subject to certain exceptions, but will not be guaranteed by the Company. The Issuer expects to use the net proceeds...
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Axalta Coating Systems Has Carbon Fiber Covered July 29, 2016
From helping car manufacturers meet light-weighting goals, to making carbon fiber sculptures look fantastic Axalta Coating Systems (NYSE:AXTA), a leading global manufacturer of liquid and powder coatings, is working with automotive manufacturers in their quest to make vehicles lighter in order to reduce emissions and fuel consumption by replacing standard steel with composites such as carbon fiber. Axalta applies the technology behind its OEM coatings and refinish paint brands, including one of its three premium global refinish brands Spies Hecker, to develop effective coating systems for car manufacturers using carbon fiber and other light-weight substrates. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160729005501/en/ Alastair Gibson's "Carbon King" piece, which is made from carbon fiber and finished with Axalta's Spies Hecker. (Photo: Axalta) But the Axalta coating technology has, for one artist, even wider...
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Axalta Announces Pricing of Secondary Public Offering by Affiliates of The Carlyle Group July 28, 2016
Axalta Coating Systems Ltd. (NYSE: AXTA) has announced the pricing of the previously announced sale of 41,621,996 common shares on an underwritten basis by affiliates of The Carlyle Group (“Carlyle”), at a price to the public of $28.25 per share. The last reported sale price of Axalta’s common shares on July 27, 2016 was $28.97 per share. Axalta will not receive any of the proceeds from the offering of shares by Carlyle. Closing of the offering is expected to occur on or about August 2, 2016 , subject to customary closing conditions. Goldman, Sachs & Co. is acting as the sole underwriter for the offering. Following the offering, Carlyle will not beneficially own any of Axalta’s common shares. As a result, Axalta’s principal stockholders agreement will terminate pursuant to its terms and Carlyle will no longer have the right to designate members to Axalta’s Board of Directors in accordance with the terms of the principal stockholders agreement. Axalta has filed an automatically...
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Axalta Opens its Doors to Serviam Girls Academy July 28, 2016
Students Visit Axalta’s Coatings Technology Center for a STEM-Filled Day You may know the sentimental song with the lyrics, “Once when I was a little girl, I asked my mother, what will I be.” Axalta Coating Systems (NYSE: AXTA) hopes to help some girls answer that question. Earlier this week, Axalta invited the middle school students of Serviam Girls Academy to visit its Coatings Technology Center in Wilmington, Delaware to spend time with researchers who regularly use science, technology, engineering and mathematics (STEM) to help develop and advance Axalta’s products. The experience is part of Serviam’s exploration project during the school’s summer program. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160728006081/en/ Serviam Girls Academy middle school students commemorate their visit to Axalta's Coatings Technology Center. (Photo: Axalta) "Serviam Girls Academy strives to provide exceptional educational...
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Axalta Announces Sale of 41,621,996 Common Shares by Affiliates of The Carlyle Group July 28, 2016
Axalta Coating Systems Ltd. (NYSE:AXTA) has announced the sale of 41,621,996 common shares on an underwritten basis by affiliates of The Carlyle Group (“Carlyle”). Axalta will not receive any of the proceeds from the offering of shares by Carlyle. Closing of the offering is expected to occur on or about August 2, 2016 , subject to customary closing conditions. The last reported sale price of Axalta’s common shares on July 27, 2016 was $28.97 per share. Goldman, Sachs & Co. is acting as the sole underwriter for the offering. Goldman, Sachs & Co. proposes to offer the common shares to the public at a fixed price. Following the offering, Carlyle will not beneficially own any of Axalta’s common shares, other than de minimis amounts held or owned from time to time in the ordinary course of business. As a result, Axalta’s principal stockholders agreement will terminate pursuant to its terms and Carlyle will no longer have the right to designate members to Axalta’s Board of Directors...
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Axalta Releases Second Quarter 2016 Results July 26, 2016
Second Quarter 2016 Highlights: Strong net sales of $1,065.1 million driven by volume and pricing growth of 4.2%, offset by foreign currency translation Net income attributable to Axalta of $48.5 million versus a net loss attributable to Axalta of $25.1 million in Q2 2015; Adjusted EBITDA of $252.6 million versus $255.5 million in Q2 2015 Operating cash flow of $197.3 million in Q2 versus $103.7 million in the same quarter last year Announced three tuck-in acquisitions in June and July which extend product technology and geographic reach with strong anticipated returns on investment Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2016 . “Our strong second quarter results demonstrated solid execution and ongoing fundamental strength in our key end-markets in the face of ongoing demand challenges in certain emerging economies,” said Charles W. Shaver, Axalta’s Chairman...
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Axalta joins hands with Shanghai Jiao Tong University Design Institute to share latest automotive color trends July 25, 2016
New collaboration between Axalta and Jiao Tong University Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has been invited to present the latest automotive color trends at “Color Changes Future” - the 6th Color Training Session organized by Shanghai Jiao Tong University’s Design Trend Institute. This color training session marks the start of a collaboration between Axalta and Shanghai Jiao Tong University on automotive color’s research and application. The Design Trend Institute of Shanghai Jiao Tong University is an organization dedicated to research and development of design trends and color trends for the automotive industry in China . “It’s our honor to be given this opportunity to share Axalta’s leading innovation concept, insights and solutions on automotive color to OEMs during the color training session,” said Luke Lu, Axalta Vice President and President, Greater China. “Collaborating with the Design Trend Institute of Shanghai...
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Axalta Coating Systems Receives Worthington Industries 2015 Certified Supplier Award July 21, 2016
Axalta Earns Award for Eighth Consecutive Year Axalta Coating Systems (NYSE:AXTA), a leading global supplier of liquid and powder coatings, was recognized as a certified supplier for the eighth consecutive time by Worthington Industries at their recent supplier event in Columbus, Ohio. The award recognizes Axalta’s tough, durable and environmentally responsible coatings in conjunction with excellent service and support to Worthington Industries in 2015. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160721005708/en/ Worthington Industries' David Cepek, Director of Cylinders Purchasing (left) and Paul Lilko, Director of Cylinders Quality (right) present 2015 Certified Supplier Award to Michael Stuhldreher, Axalta Market Development Manager. (Photo: Axalta) To become a Worthington Certified Supplier, Axalta was required to meet or exceed a number of product performance standards as well as quarterly on-time delivery...
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Axalta Coating Systems Acquires United Paint’s Automotive Interior Rigid Thermoplastics Coatings Business July 20, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has announced the acquisition of the automotive interior rigid thermoplastics coatings business of Michigan -based United Paint and Chemical Corporation . Production will temporarily remain at United Paint’s Southfield, Michigan facilities and will transfer to Axalta’s facilities in a phased manner. Financial terms of the transaction were not disclosed. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160720006491/en/ J. Geoff Piceu , CEO of United Paint (left), and David Grimes , Axalta Vice President, Global Automotive Plastic Components, announcing Axalta’s acquisition of the automotive interior rigid thermoplastics coatings business of Michigan -based United Paint and Chemical Corporation . (Photo: Axalta) “United Paint’s interior rigid thermoplastics coating technology is a great fit for Axalta as we fulfill our commitment...
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Axalta Racing Proudly Sponsors the No. 88 Chevrolet SS at the 23rd Annual Spring Cup Series in Indianapolis July 20, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, will sponsor the No. 88 Axalta Chevrolet SS at the Brickyard 400, part of the 23 rd annual Spring Cup Series held on July 24, 2016 at Indianapolis Motor Speedway . Axalta will cheer on the No. 88 car at the race, hoping to see an exciting victory! This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160720006229/en/ The No. 88 Axalta Chevrolet SS will race in the Brickyard 400, at Indianapolis Motor Speedway on July 24, 2016 . (Photo: Axalta) “These races are a great chance for Axalta to come together and cheer on a great ambassador of the Axalta brand,” says Michael Cash, President of Industrial Coatings at Axalta. “Drivers on the NASCAR circuit are inspired each week to apply the latest technology to enable them to perform at their peak during every race. At Axalta we bring that same combination of technology and performance to...
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Axalta Schedules Second Quarter 2016 Results Conference Call July 11, 2016
Axalta Coating Systems Ltd. (NYSE: AXTA) will host a conference call for its second quarter 2016 financial results at 8:00 a.m. EDT on Tuesday, July 26, 2016 . Charles W. Shaver , Chairman and Chief Executive Officer, and Robert W. Bryant , Executive Vice President and Chief Financial Officer, will review the company's financial performance for the period. The U.S. dial-in phone number for the conference call is (877) 407-0784 and the international dial-in number is +1 (201) 689-8560. A live webcast of the conference call will also be available online at http://ir.axaltacs.com. For those unable to participate in the conference call, a replay will be available through August 2, 2016 . The U.S. replay dial-in phone number is (877) 870-5176 and the international replay dial-in number is +1 (858) 384-5517. The replay passcode is 13641405. About Axalta Coating Systems – Celebrating 150 Years in the Coatings Industry Axalta is a leading global company focused solely on coatings and...
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Body Shop Painters - Get the Credit You Deserve July 7, 2016
Earn a Master Refinish Certification from Axalta Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has launched a Master Refinish Certification program as part of its Learning and Development offering in North America. The Master Refinish Certification program provides a path for refinish customers to advance skills and abilities from industry standard to expert through four educational stages. Students can earn the Master Refinish Certification using Axalta’s refinish brands, including Cromax®, Spies Hecker® and Standox®. In addition, many of the courses that lead to certification qualify for I-CAR credit hours. I-CAR is the international, not-for-profit Inter-Industry Conference on Auto Collision Repair and is dedicated to providing the information, knowledge and skills required to perform complete, safe and quality repairs. This Smart News Release features multimedia. View the full release here:...
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Axalta Hitting the Road on the Rev’n Rods & Heartland Music Tour July 5, 2016
Six Cities, Six Days, Six Car Shows and Six Concerts to Make for an Unforgettable Summer Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to announce its participation in the inaugural Rev’n Rods & Heartland Music Tour presented by Chevrolet Performance and produced by Luken Communications, LLC, Rev’n, LLC and The Heartland Network, LLC. Join Axalta in six cities for six days of the hottest rides, the coolest cars and the brightest stars! The event, a thrilling combination of car shows, a driving tour and nightly concerts, will kick off in Nashville, Tennessee on Sunday, July 17. The Rev’n Rods & Heartland Music Tour will have additional daily stops in Southaven, Mississippi; Cape Girardeau, Missouri; Bowling Green, Kentucky and Bean Blossom, Indiana before the final stop in Indianapolis, Indiana on July 22, 2016. Owners of hot rods, street rods, motorcycles and classic automobiles are encouraged to go on the tour for one...
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Axalta Coating Systems Supports SkillsUSA National Leadership and Skills Conference with Official Partnership July 1, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, was a proud supporter of SkillsUSA’s 52nd Annual National Leadership and Skills Conference (NLSC) in Louisville, Kentucky from June 20 - 24, 2016 . The Partnership provided support to the event’s Automotive Refinishing Technology Contest that contributes to SkillsUSA’s mission to improve the quality of America’s skilled workforce through a structured program of citizenship, leadership, employability, technical and professional skills training. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160701005847/en/ “As a longtime partner of SkillsUSA, we are very pleased to continue our official partnership to help cultivate interest in the refinish industry,” said Patrice Marcil , Axalta’s North American Learning and Development Director. “The conference provides the unique opportunity for young people to experience the art of refinish...
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Axalta Coating Systems Helping to Extend Free Admission to Michigan Science Center for entire July 4th Weekend July 1, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is assisting the Michigan Science Center in offering free general admission on July 2 and 3 in honor of veterans, first responders and in recognition of the overwhelming response to their Ford Motor Company sponsored “July 4th Ford Fun Free Day” which received 5,000 pre-registrations within 24 hours. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160701005801/en/ Axalta sponsors a "fun free day" at Michigan Science Center . Support from Axalta, General Motors, Chemico Mays, Marathon Petroleum Company, OHorizons Global and Toyota is allowing MiSci to extend free admission for the entire holiday weekend and provide hands-on, interactive science, technology, engineering and math (STEM) experiences to individuals who may not have access otherwise. “As a long-standing supporter of the Michigan Science Center , we are proud to...
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Axalta Coating Systems Completes Acquisition of High Performance Coating in Southeast Asia June 30, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has completed its acquisition of High Performance Coating Sdn . Bhd., a leader in refinish coatings in Southeast Asia . The acquisition will strengthen Axalta’s capability to serve refinish customers in the region with additional product offerings and an expanded sales and service network. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160630006107/en/ From left: Mr. Sobers Sethi, Axalta Vice President, East and South Asia and Mr. Kee Seong Ng , Managing Director, High Performance Coatings completing Axalta’s acquisition of the High Performance Coatings. (Photo: Axalta) “The acquisition of High Performance Coating expands Axalta’s product portfolio further and will allow us to offer a much broader range of products and value propositions to our customers,” explained Sobers Sethi, Vice President of Axalta’s South and East Asia...
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Axalta to Bring Chrome, Color and Classics to Columbus June 28, 2016
Axalta to Showcase Automotive Art Created With Its Brilliant Paints Are you ready for one of the hottest hot rod shows in the Midwest? The Goodguys 19th PPG Nationals will turn up the heat at the Ohio Expo Center in Columbus, Ohio, on July 8-10. Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will support this show as well as several other custom car shows across the country this year. Axalta will be in Columbus with Paul Quinn of Design Brilliance, who will faux paint chrome moldings on Joe Hall’s 1966 Chevrolet C-10 short bed pickup truck that was painted with Axalta’s Spies Hecker® basecoat. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160628005949/en/ Axalta will be in Columbus with Paul Quinn of Design Brilliance, who will faux paint chrome moldings on Joe Hall’s 1966 Chevrolet C-10 shortbed pickup truck painted with Axalta’s Spies Hecker® basecoat. (Photo: Axalta) If...
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Axalta Coating Systems to Acquire Coil and Spray Coatings Manufacturer Dura Coat Products June 27, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced today that it has entered into a definitive agreement to acquire Dura Coat Products, a prominent manufacturer of coatings for metal coil and related markets in North America . Pursuant to the agreement, Axalta will initially purchase a majority stake in Dura Coat at the closing which is expected to occur in the third quarter of 2016 and the remaining outstanding shares by January 2019 , subject to required regulatory approvals and other customary closing conditions. Financial terms of the transaction were not disclosed. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160627006364/en/ From left: Charlie Shaver , Axalta Chairman and CEO; Dr. Myung K. Hong , founder, President and Chairman of Dura Coat; Mrs. Lorrie Hong , Member of the Board of Directors of Dura Coat; and Michael A. Cash , Axalta Senior Vice President and...
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Axalta showcases sustainable offerings for China’s automotive market at SURCAR Shanghai 2016 June 27, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, shared its industry-leading insights and sustainable offerings for the automotive market at SURCAR Shanghai 2016. SURCAR has been dedicated to car body finishing for over 50 years and, as the world’s leading automotive body finishing congress, it now attracts the most important industry auto body finishing experts and decision-makers. This year’s event features four separate themed workshops designed to allow visitors to share innovations, experiences and insights. During the first workshop on Waterborne Technologies, Dr. Fucheng Yan , Product and Technology Director of Axalta China, participated in a panel discussion as one of the industry experts. He shared Axalta’s views on global automotive coating trends and Axalta’s sustainable water-based products and solutions. “In addition to rich and vivid color, sustainability has become a very important factor for consumers, car makers, as well as...
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Axalta Coating Systems Supports 2016 EyesOn Design Summer Activities June 27, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, played a major role in the EyesOn Design program that took place June 17-19, 2016 at prominent southeast Michigan venues. EyesOn Design is an annual benefit supporting the visual research program at Henry Ford Health System’s Detroit Institute of Ophthalmology (DIO). This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160627006291/en/ During EyesOn Design events, Axalta displayed the No. 88 Axalta/ University of Michigan Chevrolet SS racecar that Dale Earnhardt Jr. will drive in August during the Pure Michigan 400 at Michigan International Speedway . (Photo: Axalta) Axalta was the lead sponsor at the Vision Honored black-tie event held on June 17 at the Grosse Pointe War Memorial in Grosse Pointe, Michigan. Stewart Reed, chair of the Transportation Design Department at the ArtCenter College of Design in Pasadena, California,...
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Axalta Coating Systems Celebrates 150 Years of Coating Innovation June 24, 2016
Event in Germany marks major milestone in company’s history Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is marking its 150 years in the coating industry in 2016. To celebrate, Axalta’s Europe, Middle East and Africa (EMEA) region recently hosted a number of events in Wuppertal, Germany, where the company originated. Axalta’s first products were developed in the city in 1866. Since then, Axalta has grown into a driving-force in the industry, with advanced coatings, application systems and technology for transportation, vehicle repair, and industrial and architectural applications. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160624005616/en/ Axalta's celebrations for its 150-year anniversary included a European road show, designed specifically for employees. The road show started in April and visited 13 Axalta sites in eight countries over two months, from Västervik in...
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Axalta Racing’s Solar Flare Paint Scheme to Heat Up Sonoma June 24, 2016
Axalta Coating Systems (NYSE: AXTA) is excited to return to the racetrack with its “Solar Flare” paint scheme. Axalta’s radiant paint will shine on the No. 88 Axalta Chevrolet SS driven by Dale Earnhardt Jr. on June 26, 2016 at Sonoma Raceway . The race will air live on FOX Sports 1 at 3:00 p.m. ET . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160624005458/en/ (Photo: Axalta) Sonoma is the first of two road courses that NASCAR® drivers will have to tackle during the Sprint Cup Series 2016 season. In the heart of relaxing wine country, the Sonoma track is anything but. The two-mile course has 12 turns that require great skill and concentration. “We used to test really hard to figure out how to get better at road courses. Now we just show up and race and that’s really been refreshing. It’s made the race weekends a lot more enjoyable," said Earnhardt. “We’ve had great racecars at the road courses and we’ve gotten better...
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Axalta AquaEC 6100 Product Portfolio Available Globally June 20, 2016
As part of the company’s year-long celebration of its 150 th anniversary in the coatings industry, Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, announces the complete global rollout of its AquaEC™ 6100 portfolio of electrodeposition coatings for customers in Europe , Asia-Pacific and Latin America . The most recent AquaEC innovation, AquaEC 6100 was introduced in North America earlier this year. Formulated to offer excellent mechanical properties, superior corrosion resistance, improved throw power and enhanced edge protection, AquaEC 6100 offers customers improved productivity benefits and reduced application costs. The tin-free technology used in AquaEC 6100 also helps meet environmental goals. “We set a goal with AquaEC technology to go beyond developing and delivering a great product by focusing as well on ways to increase the profitability of each customer,” says Michael Cash , President Industrial Coatings at Axalta. “We’ve...
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Axalta Appoints Mark Garrett to Board of Directors June 20, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global provider of liquid and powder coatings, is pleased to announce that Mr. Mark Garrett has joined the company’s Board of Directors. Mr. Garrett is Chairman of the Executive Committee and Chief Executive of Borealis AG , a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers with headquarters in Vienna, Austria . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160620005638/en/ Mr. Mark Garrett , Chairman of the Executive Committee and Chief Executive of Borealis AG , joins Axalta’s Board of Directors. (Photo: Axalta) “Mark’s broad experience and senior leadership positions in the petrochemical industry will enable him to make a strong contribution to the Board,” explained Charlie Shaver, Axalta’s Chairman and CEO. “Mark will provide superb insights into ways we can enhance our supply chain which rely in significant measure...
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Axalta Adds Speed and Color for the Second Consecutive Year in the Category of Freightliner Trucks June 17, 2016
Axalta Coating Systems (NYSE: AXTA) joined efforts for the second year in a row with its business partner Daimler to reinforce and leverage its brand positioning in the Freightliner-sponsored Super Copa Telcel tractor-trailer Championship Series 2016, alongside Michel Jourdain , Jr., one of the most popular and recognized Mexican racing drivers. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160617005824/en/ Axalta Coating Systems joined efforts for the second year in a row with its business partner Daimler to reinforce and leverage its brand positioning in the Freightliner-sponsored Super Copa Telcel tractor-trailer Championship Series 2016. (Photo: Axalta) "To Axalta, racing is a sport that reflects teamwork and performance,” explained Jesus Jara, Axalta Mexico’s Director for its business with transportation vehicle customers. “Michel Jourdain exhibits his passion in every race and consistently demonstrates the...
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Axalta Debuts University of Michigan No. 88 Chevrolet SS during GM Supplier of the Year Celebration June 14, 2016
Mayor Issues Proclamation Declaring June 13 "Axalta Day" in Mt. Clemens Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, yesterday celebrated its second consecutive Supplier of the Year Award from General Motors (GM) during a luncheon at the company’s Mount Clemens, Michigan, research and manufacturing facility. Also during the celebration, representatives from Axalta and the University of Michigan (U-M) unveiled the joint paint scheme on the No. 88 Axalta Chevrolet SS racecar that Dale Earnhardt, Jr. will drive on August 28 during the Pure Michigan 400 at the Michigan International Speedway (MIS). This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160614006461/en/ From left, Axalta's Joseph Campbell and Steven Markevich join GM's Randall Pappal and the University of Michigan's Brian Noble after unveiling the No. 88 Chevrolet SS that Dale Earnhardt, Jr., will drive during the...
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Axalta to Celebrate 150th Anniversary at CWIEME 2016 with Demonstration of Energy Solutions Products June 13, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will display its entire Energy Solutions product family and newly developed industry applications at the Coil Winding, Insulations & Electrical Manufacturing Exhibition (CWIEME) taking place at the Shanghai World Expo Exhibition Convention Center in Shanghai on June 28-30, 2016 , booth number D23 in Hall 2. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160613005915/en/ Axalta Coating Systems will display its entire Energy Solutions product family at the Coil Winding, Insulations & Electrical Manufacturing Exhibition (CWIEME) taking place at the Shanghai World Expo Exhibition Convention Center in Shanghai on June 28-30, 2016 , booth number D23 in Hall 2. (Photo: Axalta) This year’s participation at CWIEME in Shanghai will also help celebrate Axalta’s 150th anniversary in the coatings industry. Axalta developed its first...
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Axalta opens expanded European Technology Centre in Wuppertal, Germany June 8, 2016
Center to lead region’s liquid coating research Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, officially opens 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. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160608005855/en/ Opening Axalta’s expanded European Technology Centre in Wuppertal, Germany are (from left to right) Robert K. Roop, Axalta Vice President of Refinish Technology, and Head of Technology Europe, Middle East and Africa; Barry Snyder, Axalta Senior Vice President and Chief Technology Officer; Charles Shaver, Axalta Chairman and CEO; and Matthias Schönberg, Axalta Vice President, and President Europe, Middle East and Africa. (Photo: Axalta) “Axalta is making this considerable investment in its...
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Axalta to Host Mike & Friends Collision Repair Industry Event in Chicago June 7, 2016
Event Expands to the Midwest Education and preparation are often thought of as the keys to success. If you want to be the best, you have to work hard and continue to perfect your craft. Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, is offering an opportunity to do just that with the launch of Mike & Friends. The auto body repair seminar will take place in Chicago, Illinois on June 17 and 18. Mike & Friends is part of a series designed by automotive industry expert Mike Anderson, President of Collision Advice. The inaugural meeting was held last year in Atlanta, Georgia. The event promises to be an engaging experience that will provide attendees with the opportunity to learn from industry experts. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160607006636/en/ Mike Anderson (Photo: Axalta) Anderson, Ray Chew of CCC Information Services, Inc. and other guests...
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Axalta Headlines at the 2016 International Forum on Automobile Materials in China: How Coating Technology Innovations Drive Environmentally Sustainable Growth in the Auto Industry June 3, 2016
Representatives from Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, were invited to attend and speak at the 2016 International Forum on Automobile Materials hosted by the China Automotive Technology & Research Center in Beijing on June 2 . Representing the Association of International Chemical Manufacturers , Dr. Fucheng Yan , Product Director of Axalta Greater China, gave a presentation on how innovations such as Axalta’s high-performance coating systems and future technologies are formulated help automotive companies meet the industry’s increasingly strict standards for fuel economy and environmental protection and support a sustainable future. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160603005775/en/ Dr. Fucheng Yan , Product Director of Axalta Greater China presents at the 2016 International Forum on Automobile Materials in Beijing, China . (Photo: Axalta) The...
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Axalta Coating Systems launches its Nason Finishes brand in Russia June 2, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, is launching its Nason Finishes refinish brand in Russia . With its clear focus on its customers, Axalta has identified a requirement in Russia for a cost-competitive, easy-to-use refinish paint system that’s suitable for straight-forward spot, panel and overall repairs. “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 they choose, they know they have Axalta’s innovation behind it,” says Matthias Schönberg, Vice President of Axalta and President of its Europe, Middle East and Africa (EMEA) region. Nason Finishes’ regionally-specific product portfolios are well-established in the economy refinish paint sectors in the US, Canada , Australia and Asia Pacific , where the brand has been delivering...
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Axalta Is Revved Up and Headed to Bowling Green June 2, 2016
Axalta to Showcase Automotive Art Created With Its Brilliant Paints Are you revved up for one of the hottest hot rod shows in the Midwest? The 14th Annual Holley National Hot Rod Reunion®, presented by AAA Insurance, will bring the heat to the Beech Bend Raceway in Bowling Green, Kentucky, on June 16–18. Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, will support this show as well as several other custom car shows across the country this year. Axalta will be in Bowling Green with Mickey Smith’s all-numbers-matching, one-owner, 340 cubic inches, automatic 1973 Dodge Dart Sport painted with Axalta’s Nason® Ful-Base® basecoat. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160602005022/en/ Axalta will be at the 14th Annual Holley National Hot Rod Reunion with Mickey Smith's all-numbers-matching, one-owner, 340 cubic inches, automatic 1973 Dodge Dart Sport painted with...
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Axalta Coating Systems takes part in global Qualicoat and Qualideco Congress in London, England June 1, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, was a gold sponsor at the Qualicoat and Qualideco Congress 2016, held in London, England , recently. The global event aims to present past, present and future aspects of coating and decorating and is billed as the aluminum finishing event of the year. Franck Derouen, Axalta’s global segment director for architectural powder coatings, presented to over 120 delegates alongside Cristobal Bernal, Bimetica’s Chief Technical Officer, about the impact of building information modelling (BIM) digital management processes on aluminum finishing. BIMs are digital files that can be exchanged or networked to support decision-making during a project. Their main advantage is that they integrate technical information and allow the ability to create a virtual construction of a facility before its physical construction. This increase in functionality promotes efficiency and sustainability, and reduces...
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Axalta Coating Systems Provides a Glimpse into the Future of Coatings for Lightweight Automotive Design May 31, 2016
At the 23 rd annual German Research Organisation for Surface Treatment (DFO – Deutsche Forschungsgesellschaft für Oberflächenbehandlung) European Automotive Coating Conference held in Bonn, Germany , in May 2016 , Sven Radek , Group Leader for Process and Application for Axalta Coating Systems (NYSE: AXTA) in its Europe , Middle East and Africa (EMEA) region, examined the challenges and opportunities that lightweight automotive design brings to coatings systems used by car manufacturers (OEMs). This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160531006283/en/ Sven Radek , Group Leader for Process and Application for Axalta Coating Systems in its Europe , Middle East and Africa (EMEA) region. (Photo: Axalta) “Lightweight vehicle construction is definitely driving innovation in low-bake coatings,” Radek said. “Over the next 15 years, automotive manufacturers will be replacing standard steel with high-performance steel,...
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Axalta Partners With Ray Evernham to Preserve Iconic “American Graffiti” 1958 Chevrolet Impala May 31, 2016
Axalta Will Reveal Refurbished Car in the Axalta Booth at the 2016 SEMA Show in November For TV host and former NASCAR® champion crew chief, Ray Evernham, the featured car in the movie, American Graffiti, is the holy grail of hot rods – a car that inspired his life-long passion for cars, rock and roll, and the American car culture. Now, after pursuing the car for most of his adult life and finally acquiring it, he faces an even bigger challenge – preserving it for the enjoyment of generations to come. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160531006066/en/ Ray Evernham has partnered with Axalta Coating Systems to bring this piece of movie history and Americana back to life. The car will be unveiled in Axalta’s booth #22391 at the 2016 Specialty Equipment Market Association (SEMA) Show in Las Vegas on November 1-4. (Photo: Axalta) Ray Evernham has partnered with Axalta Coating Systems (NYSE: AXTA) , a leading...
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Axalta’s Customer Business Councils Deliver May 26, 2016
Key takeaways include trifecta of thought leadership, networking and awards Nearly 200 of Axalta’s collision repair customers from states across the U.S. gathered together to learn from subject matter experts on a variety of industry topics including hiring, technology and performance on May 19-21 in Chicago, Illinois. Automotive expert Mike Anderson – Owner of CollisionAdvice, led the combined Business Council symposium and presented on “auditing with technology.” This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160526005716/en/ First row: Troy Weaver-Axalta, Mike Anderson-CollisionAdvice, Steve Kendrick-Kendrick Paint & Body, Charel Lock-Five Star Collision of Stone Mountain, Lisa Luke-Axalta Back row: Greg Lobsiger-Loren’s Body Shop, Jimmy Lefler-Lefler Collision & Glass, Matt Dewalt-Scott’s Collision Center, Tracy Bryant-Kendrick Paint & Body (Photo: Axalta) Axalta’s Business Councils seeks to promote an...
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Axalta Coating Systems in Belgium cycles 1,000 km for cancer charity May 25, 2016
From May 5 to May 8, 2016 , teams from Axalta Coating Systems (NYSE:AXTA), a leading global manufacturer of liquid and powder coatings, took part for the sixth consecutive year in a 1,000 km (~622 mile) bike ride to raise money for Kom op tegen Kanker (KOTK), a leading Belgian cancer charity. The teams cycled 250 kilometers (~155 miles) on each of the four days, with the routes all ending in Mechelen, Belgium, where the Belgian Axalta office is based. Luc van den Hemel , Axalta’s Mechelen Site Manager and Belgium Country Manager, says, "It was a very special experience to feel the solidarity of our colleagues as we went through this event. The atmosphere was fantastic. Our cyclists and all the Axalta supporters who worked so hard during the KOTK fundraising initiatives really made this weekend extraordinary. We raised €10,000 and we’ve already started fundraising for next year to ensure we can try to maximize our donation amount.” The charity said the proceeds would be used on...
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Axalta Announces Sale of 25,000,000 Common Shares by Affiliates of The Carlyle Group May 24, 2016
Axalta Coating Systems Ltd. (NYSE: AXTA) has announced the sale of 25,000,000 common shares on an underwritten basis by affiliates of The Carlyle Group (“Carlyle”). In addition, the underwriter will have a 30-day option to purchase up to 3,750,000 additional common shares from Carlyle. Axalta will not receive any of the proceeds from the offering of shares by Carlyle. Closing of the offering is expected to occur on or about May 31, 2016 , subject to customary closing conditions. The last reported sale price of Axalta’s common shares on May 24, 2016 was $28.11 per share. Credit Suisse Securities (USA) LLC is acting as the sole underwriter for the offering. Credit Suisse Securities (USA) LLC proposes to offer the common shares from time to time to purchasers directly or through agents, or through brokers in brokerage transactions on the New York Stock Exchange, or to dealers in negotiated transactions or in a combination of such methods of sale, at a fixed price or prices, which may be...
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Axalta Advances Its Color Technology May 24, 2016
Color Experts Produce State-of-the-Art Fan Decks Paint chips are small samples of color, each different, some with subtle variations that are often unnoticed until held side-by-side. To the untrained eye, it is hard to believe that a vehicle painted in silver, red or even the most basic black or white can have so many variations. Fan decks, a traditional color tool comprised of a series of related paint chips, highlight these slight differences by creating an array of color in one tool. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160524006018/en/ Axalta Coating Systems advances color technology with the launch of new and improved fan decks. (Photo: Axalta) Knowing the importance of this long-established resource, Axalta Coating Systems (NYSE: AXTA), a leading manufacturer of liquid and powder coatings, worked to produce one of the most sophisticated fan deck systems available on the market today. With the launch of...
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MERCEDES AMG PETRONAS Formula One Team relies on Spies Hecker to “work to smooth” May 23, 2016
MERCEDES AMG PETRONAS, the reigning World Constructors’ Champions based in Brackley, England , is passionate about the Spies Hecker paint used on its race cars and team trucks. Spies Hecker is one of the three global premium brands of Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160523006121/en/ A few members of the MERCEDES AMG PETRONAS Formula One Paint and Graphics Team. (Photo: Axalta) “It’s important that the race cars look great on the track and that our sponsors’ logos are displayed clearly. But what is exceptionally critical for us are the weight of the paint, the speed of its application and the ability of the entire paint system to be used over and over again, all season, season after season, with the same great results. Spies Hecker delivers that for us,” says Andrew Moody, Head of Paint and Graphics, MERCEDES...
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Axalta Coating Systems’ Color Marketing Manager Shares Key Insights at 2016 Paint, Body and Equipment Specialists Conference May 17, 2016
Dan Benton , Axalta Coating Systems’ Color Marketing Manager, participated in a panel discussion at Auto Care Association’s 2016 Paint, Body and Equipment Specialists (PBES) conference last week in Denver, Colorado . Benton shared his perspectives during a session titled, Trends and Challenges of OEMs Specialty Coatings . During the event, hundreds of PBES professionals including distributors and manufacturers collaborated to identify and define challenges and share perspectives on a variety of topics like color match, styling and refinish repair techniques. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160517006077/en/ Dan Benton-Axalta's Color Marketing Manager (Photo: Axalta) “It’s a sincere pleasure to participate as a panelist in the PBES conference,” said Benton. “Axalta values its partnership with our distributors. We invite them to our online learning campus and in-person training centers for continued...
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Axalta Coating Systems Receives Initial Accreditation from American Association for Laboratory Accreditation May 16, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to announce that its Houston Technical Services Laboratory has received ISO/IEC 17025 accreditation awarded by the American Association for Laboratory Accreditation (A2LA). Many global original equipment manufacturers (OEMs) that require product approval will now accept the data generated by Axalta’s Houston laboratory which will reduce the cycle time for obtaining global product approvals. A2LA accreditation reflects the capabilities of Axalta’s quality management systems overall and its ability to perform specific activities defined by its A2LA Scope of Accreditation (A2LA Certificate # 4024.01). These activities include mechanical testing of coatings to evaluate effects on color, gloss, appearance and overall functionality before and after exposure to corrosive environments. “Our Houston Technical Services Laboratory and its personnel have many years of experience with the...
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Axalta Coating Systems Launches Alesta Master Color at Expo COATech Mexico May 16, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, launched its Alesta ® Master Color Technology, an extension of its industrial and architectural coatings portfolio, during the Expo COATech tradeshow in Mexico City . Expo COATech is the only exhibition and business forum nationwide specializing in paint and powder coatings. During the forum, new alternative coatings from the Alesta family used for both indoor and outdoor application were introduced. Alesta Master Color is noted for its unique ability to combine durability and appearance, offering a range of 67 colors and highly competitive pricing. The line is free from both mercury and heavy metals and contains environmentally responsible organic pigments. “At Axalta, we put customers first and that is why as part of the celebration of our 150 years in the coatings industry we reiterate our commitment by offering innovative products, services and solutions,” explained Alfredo Villalobos ,...
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The Association of Corporate Counsel Names Axalta Coating Systems a 2016 ACC "Value Champion" May 11, 2016
Enhancing productivity and reducing costs in procurement The Association of Corporate Counsel (ACC) announced today that Axalta Coating Systems (NYSE:AXTA), a leading manufacturer of liquid and powder coatings, was named a 2016 ACC Value Champion for the manner in which it was able to help the procurement department transform its procedures, saving time and reducing legal fees. A component of the ACC Value Challenge , which promotes reconnecting the cost and value of legal services, the ACC Value Champions initiative recognized Axalta as one of twelve corporate legal departments and law department/law firm or legal service provider collaborations that delivered substantial value to their client organizations by cutting spending, improving predictability and achieving better legal outcomes. “This year’s ACC Value Champions demonstrate the positive impact a strong law department has on the business and its bottom line,” said Veta T. Richardson, president and CEO of ACC. “The law...
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Axalta Coating Systems Signs On As Final Founding Partner For Daytona International Speedway’s Motorsports Stadium May 9, 2016
* Company To Also Serve As Official Finishes, Coatings And Paint Of Daytona International Speedway International Speedway Corporation (NASDAQ Global Select Market: ISCA; OTC Bulletin Board: ISCB) (“ISC”) and Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, announced today a multi-year partnership that will make Axalta the fifth Founding Partner at Daytona International Speedway’s (DIS) new motorsports stadium. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160509006433/en/ From left to right: Joe McDougall , Senior Vice President, Axalta Coating Systems ; International Speedway Corporation CEO Lesa France Kennedy ; Axalta Chairman and CEO Charlie Shaver ; Daytona International Speedway President Chip Wile ; Mike Carr , President, Axalta North America , and Mike Cash , Senior Vice President and President, Industrial Coatings at Axalta stand alongside the rendering of the...
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Axalta Releases First Quarter 2016 Results April 28, 2016
First Quarter 2016 Highlights: Net sales of $955.6 million, a 3.0% year-over-year increase before unfavorable foreign currency translation of 6.4% Adjusted EBITDA of $194.8 million, up 7.0% compared to Q1 2015; Adjusted EBITDA margin of 20.4% versus 18.4% in Q1 2015 Operating cash flow use of $18.0 million versus $98.7 million in the same quarter last year; $100 million debt prepayment made subsequent to quarter end Continued focus on innovation with the global launch of AquaEC 6100, Axalta’s newest cathodic epoxy electrocoat product, offering the next evolution of technology with improved performance and productivity Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the first quarter ended March 31, 2016 . “We are pleased that our first quarter results met our expectations and that our core markets continued to perform well,” said Charles W. Shaver, Axalta’s Chairman and Chief Executive Officer. “Our team...
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Axalta Schedules First Quarter 2016 Results Conference Call April 18, 2016
Axalta Coating Systems Ltd. (NYSE: AXTA) will host a conference call for its first quarter 2016 financial results at 8:00 a.m. EDT on Thursday, April 28, 2016 . Charles W. Shaver , Chairman and Chief Executive Officer, and Robert W. Bryant , Executive Vice President and Chief Financial Officer, will review the company's financial performance for the period. The U.S. dial-in phone number for the conference call is (877) 407-0784 and the international dial-in number is +1 (201) 689-8560. A live webcast of the conference call will also be available online at http://ir.axaltacs.com. For those unable to participate in the conference call, a replay will be available through May 5, 2016 . The U.S. replay dial-in phone number is (877) 870-5176 and the international replay dial-in number is +1 (858) 384-5517. The replay passcode is 13635701. About Axalta Coating Systems – Celebrating 150 Years in the Coatings Industry Axalta is a leading global company focused solely on coatings and providing...
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Axalta Inaugurates Expanded Resin Production Facility in Mexico April 11, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, inaugurated production at its expanded resin manufacturing facility located at its Tlalnepantla campus outside Mexico City . The investment to expand infrastructure will enable the company to support its customers with the latest coating technologies that are used in a wide variety of the company’s liquid coatings. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160411005941/en/ From left to right: Francisco X. Gonzalez , President Axalta Mexico; Undersecretary of Industrial Development of the State of Mexico , Laura Gonzalez ; Charles W. Shaver , Axalta Chairman and CEO; Tatjana Heinrich , Managing Partner of the German-Mexican Chamber of Commerce and Industry ; Aurora Denisse Ugalde , President of the Municipality of Tlalnepantla ; Ana Lopez , Executive Vice President and General Director of the American Chamber; Jorge Cossio...
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Axalta to Enhance Powder Coating Capabilities and Technology in Montbrison, France Facilities April 4, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, will invest in its powder coatings manufacturing facility in Montbrison, France , to improve manufacturing capabilities substantially. Significant improvements will be achieved throughout the site, including the use of smart automation and upgraded production technology on the bonded metallics lines. As part of the enhancement, the workflow in the facility will undergo a transformation designed to improve efficiency, productivity and overall quality. “The goal of our investment to innovate in our industrial business is to create a better experience for our customers,” stated Michael Cash , President of Industrial Coatings at Axalta. “With lean automation and upgraded production technology in Montbrison, we will be able to provide customers with improved lead times and greater flexibility. The upgrades on the bonded metallics production lines will contribute to higher quality powders, and...
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Axalta Coating Systems to Present at Barclays Global Cross-Asset Class Materials Conference March 22, 2016
Axalta Coating Systems Ltd. (NYSE: AXTA) announced today that Charles Shaver , Chairman & Chief Executive Officer, and Christopher Mecray , Vice President Investor Relations, will present at the following event: Global Cross-Asset Class Materials Conference Barclays 745 Seventh Avenue New York City Tuesday, March 29, 2016 Presentation: March 29, 2016 at 10:30 AM EDT There will be no audio webcast of the presentation available; however presentation slides will be posted and can be accessed on the Events and Presentations page of Axalta’s Investor Relations website. About Axalta Coating Systems – Celebrating 150 Years in the Coatings Industry Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings are designed to prevent corrosion, increase productivity and enable...
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Axalta Coating Systems Recognized by General Motors as a 2015 Supplier of the Year Winner March 16, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, was named a GM Supplier of the Year by General Motors during its 24th annual Supplier of the Year awards ceremony held Thursday, March 10 , at Cobo Center in Detroit . GM recognized 110 of its best suppliers from 17 countries who consistently exceeded GM’s expectations, created outstanding value, or brought new innovations to the company. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160316006116/en/ From left: Greg Warden , Executive Director and Global Functional Leader - Body Engineering, General Motors ; David Powell , Axalta Global Business Director - GM; Steven Markevich , Axalta Executive Vice President and President of Transportation Coatings and Greater China ; and Randy Pappal , Executive Director, Global Purchasing and Supply Chain, General Motors . (Photo: Axalta) “We are focused on building positive supplier...
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Axalta Coating Systems Earns Daimler Supplier Award March 2, 2016
Axalta Coating Systems (NYSE: AXTA) was among ten suppliers honored by Daimler AG for outstanding performance during the past financial year with the 2015 Daimler Supplier Award. A leading global supplier of liquid and powder coatings, Axalta was awarded in the Global Procurement Trucks and Buses category for the supply of top quality painting materials. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160302005790/en/ Albrecht Luick , Axalta Business Director-EMEA (center) receives Daimler Supplier Award from Dr. Wolfgang Bernhard , Member of the Board of Management and Head of Daimler Trucks & Buses (left) and Dr. Marcus Schoenenberg , Daimler Vice President Global Procurement Trucks and Buses (right). Source: Daimler AG “On behalf of the global Axalta team, we are very proud to be recognized by Daimler,” said Joseph Wood, Axalta Coating Systems Commercial Transportation Vice President. “This award is proof positive...
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Axalta Coating Systems to Present at J.P. Morgan Industrials Conference 2016 March 1, 2016
Axalta Coating Systems Ltd. (NYSE: AXTA) announced today that Charles W. Shaver, Chairman and Chief Executive Officer, Robert W. Bryant , Executive Vice President and Chief Financial Officer, and Christopher Mecray , Vice President Investor Relations, will present at the following event: Aviation, Transportation and Industrials Conference J.P. Morgan 282 Madison Avenue New York, NY March 8-9, 2016 Presentation: March 9, 2016 at 3:30 PM EST There will be no audio webcast of the presentation available; however the presentation slides will be available at the time of the event and can be accessed on the Events and Presentations page of Axalta’s Investor Relations website. About Axalta Coating Systems – Celebrating 150 Years in the Coatings Industry Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors,...
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Axalta Releases Fourth Quarter and Full Year 2015 Results February 10, 2016
Fourth Quarter 2015 Highlights: Net sales of $1.0 billion, a 4.5% year-over-year increase before unfavorable foreign currency translation of 11.5% Adjusted EBITDA of $212.8 million up 4.0% compared to Q4 2014 with an Adjusted EBITDA margin of 21.2% versus 19.0% in Q4 2014 Free cash flow generation of $191.5 million Pre-payment of $100.0 million on Term Loans Full Year 2015 Highlights: Net sales of $4.1 billion, a 5.3% increase in local currency before unfavorable foreign currency translation of 11.6% Adjusted EBITDA of $867.2 million, up 3.2% despite substantial negative currency translation impacts. Adjusted EBITDA margin of 21.2% versus 19.3% in 2014 $52 million in combined savings from productivity improvement initiatives and on track for $200 million goal for total savings exiting 2017 Free cash flow generation of $261.5 million Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the fourth...
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Axalta Coating Systems to Attend Morgan Stanley Chemicals Corporate Access Day February 1, 2016
Axalta Coating Systems Ltd. (NYSE: AXTA) announced today that Robert Bryant , Executive Vice President and Chief Financial Officer, and Christopher Mecray , Vice President Investor Relations, will attend at the following event: Morgan Stanley Chemicals Corporate Access Day Morgan Stanley Headquarters 1585 Broadway New York City Thursday, February 11, 2016 Format: One-on-One / Small Group Meetings There will be no audio webcast of the presentation available; however presentation slides will be posted and can be accessed on the Events and Presentations page of Axalta’s Investor Relations website. ABOUT AXALTA COATING SYSTEMS – CELEBRATING 150 YEARS IN THE COATINGS INDUSTRY Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings are designed to prevent corrosion,...
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Axalta Announces Dan Key Joins as Head of Global Operations January 20, 2016
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has appointed Dan Key as Senior Vice President, Operations and Supply Chain. In this capacity, Mr. 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. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160120006217/en/ Dan Key Joins Axalta Coatings Systems as SVP of Operations (Photo: Business Wire) “I’m very excited to have Dan join Axalta in such a key global position,” explained Charlie Shaver, Axalta Chairman and CEO. “Our customers depend on Axalta to deliver quality products that are manufactured to the highest standards and delivered on time. Dan’s extensive operations experience will enable us to continue to meet customer expectations and enable them to rely on...
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Axalta Schedules Fourth Quarter 2015 Results Conference Call January 19, 2016
Axalta Coating Systems Ltd. (NYSE: AXTA) will host a conference call for its fourth quarter 2015 financial results at 8:00 a.m. EST on Wednesday, February 10, 2016 . Charles W. Shaver , Chairman and Chief Executive Officer, and Robert W. Bryant , Executive Vice President and Chief Financial Officer, will review the company's financial performance for the period. The U.S. dial-in phone number for the conference call is (877) 407-0784 and the international dial-in number is +1 (201) 689-8560. A live webcast of the conference call will also be available online at http://ir.axaltacs.com. For those unable to participate in the conference call, a replay will be available through February 17, 2016 . The U.S. replay dial-in phone number is (877) 870-5176 and the international replay dial-in number is +1 (858) 384-5517. The replay passcode is 13629062. About Axalta Coating Systems – Celebrating 150 Years Axalta is a leading global company focused solely on coatings and providing customers with...
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Axalta Celebrates 150 Years in the Coatings Industry January 7, 2016
In 2016, Axalta Coating Systems (NYSE: AXTA) celebrates 150 years of creating innovative industrial coatings. Axalta’s heritage dates back to 1866 when its first products were developed in Germany and since then the company has grown into one of the world’s leading manufacturers of liquid and powder coatings. “All of us at Axalta are excited to reach this important milestone in the history of our company,” explained Axalta Chairman and CEO Charlie Shaver. “Over the next 12 months we will celebrate our past and build on our extensive knowledge and experience for the next 150 years. With nearly 13,000 employees and 120,000 customers in 130 countries, we will continue to use advanced technologies to develop next generation coatings while providing outstanding quality and service in the years ahead.” From the earliest products that supplied European carriage manufacturers with colorful coatings in the nineteenth century, Axalta evolved to meet the needs of an automotive industry that...
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