PHILADELPHIA, July 13, 2018 /PRNewswire/ -- Due to
continuing rising costs of raw materials, packaging and
transportation, Axalta (NYSE: AXTA) will introduce a price increase
for its industrial coatings technologies sold in North America. The increase will take effect
as permitted by contract and will be communicated directly to
affected customers.
"Axalta makes every effort to work closely with our suppliers to
combat rising input costs while ensuring that our products are
competitively formulated," said Michael
Cash, President Industrial Coatings. "These price increases
will help us continue to deliver on our promises to provide
customers with innovative products and world class level of support
and service that they and their customers have come to expect."
About Axalta
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
150 years of experience in the coatings industry, the over 13,300
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.
Contact
Heather Marter
D +215 255 7904
heather.marter@axaltacs.com
axaltacoatingsystems.com
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SOURCE Axalta