BUENOS AIRES, Argentina--(BUSINESS WIRE)--
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid
and powder coatings, celebrated its first production and logistics
center in Argentina in the municipality of Escobar (province of Buenos
Aires). Axalta Chairman and CEO Charlie Shaver met with employees and
toured the new facility where initial production began in January 2017
and will continue to expand to provide a full range of next-generation
coatings for the automotive manufacturing, refinish, and industrial
markets.
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Axalta Chairman and CEO Charlie Shaver joins employees at celebration of new coatings production center in Escobar, Province of Buenos Aires, Argentina (Photo: Axalta)
Covering 27,000 square meters, the plant has the capacity to manufacture
Axalta’s products, and will also house a laboratory, storage and
distribution center, and administrative offices for customer service
representatives.
“We are excited about watching this investment already deliver results
for our customers in Argentina,” explained Axalta Chairman and CEO
Charlie Shaver. “The new operations center is a testament to Axalta´s
commitment to better support our customers’ business and contribute to
their success. For decades, we have provided innovative, beautiful, and
durable coatings to our customers in Argentina. Our new facility will
allow us to meet their emerging requirements quickly and utilize
important local content.”
Locally sourced raw materials will comprise, on average, 80 percent of
the materials that will be used to produce basecoats, clear coats, and
thinners for domestic markets and for export. Initially, the plant will
have a production capacity of more than eight million liters per year,
with the ability to grow in response to demand.
“The engineering and innovation applied in the construction, and that
will be used to operate this facility, reflect the capabilities of
Axalta,” highlighted Marcelo Cicchini, President of Axalta in Argentina.
“We will leverage these strengths to continue expanding our operations,
focusing on the evolution of our products and services, while delivering
the highest quality service and support to our customers.”
Axalta’s customers in Argentina include leading manufacturers of cars,
light trucks and commercial vehicles, as well as industrial customers
whose products range from oil and gas pipelines to architectural
fittings and facades, and vehicle repair body shops. Axalta’s brands
sold in the market include Standox®, Cromax® and
Duxone® refinish products and Alesta® and Nap-Gard®
powder products.
About Axalta Coating Systems
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 the
materials we coat to last longer. With more than 150 years of experience
in the coatings industry, the over 13,000 people of Axalta continue to
find ways to serve our more than 100,000 customers in 130 countries
better every day with the finest coatings, application systems and
technology. For more information visit axalta.com and
follow us @Axalta on Twitter and
on LinkedIn.
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Source: Axalta Coating Systems