International. Axalta confirmed the celebration of its 150th anniversary of making industrial coatings for automobiles. In 1866, its first products were developed in Germany, and since then the company has grown to become one of the world's leading manufacturers of liquid and powder coatings.
"We are excited to reach this important point in our company's history," said Charlie Shaver, Axalta President and CEO. "Over the next 12 months we will celebrate our trajectory and prepare to continue building on our extensive knowledge and experience for the next 150 years.
"With more than 13,000 employees and 120,000 customers in 130 countries, we will continue to bet on innovative technologies to develop coatings that provide quality and exceptional service in the coming years."
"We've been expanding both Axalta's capabilities and global reach," adds Shaver. "We accelerated our investments to expand production capacity in Germany, Brazil, China, Mexico and India. We also announced the construction of a new Global Innovation Center in Philadelphia, Pennsylvania, and started construction of an Asia-Pacific Technology Center in China, which will keep our technology at the forefront. In addition, we have taken strong regional brands presenting them worldwide. All of these measures, in addition to the many advances we are making in color technology, are focused on meeting the needs of our customers in the future."
