Axalta Celebrates the Opening of its Global Headquarters in the Philadelphia Navy Yard

Rhea-AI Summary

Axalta (NYSE: AXTA) has officially opened its global headquarters at the Philadelphia Navy Yard, marked by a ribbon-cutting ceremony and employee event. The strategic relocation from Delaware County integrates the headquarters with Axalta's Global Innovation Center, one of the region's largest coatings R&D facilities, advancing the company's ONE Axalta initiative.

The move centralizes operations, including the leadership team, in a remodeled office environment designed to enhance collaboration and innovation. The facility features modern meeting spaces and collaboration areas, serving as a hub for global research, product development, and technology initiatives. This relocation reinforces Axalta's commitment to Philadelphia and aims to streamline decision-making while facilitating interaction among employees, business partners, and customers.

Philadelphia location accelerates ONE Axalta journey

PHILADELPHIA, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, has announced its global headquarters at the Philadelphia Navy Yard, marked by a ceremonial ribbon-cutting and an employee appreciation event. This strategic relocation from Delaware County to the Navy Yard integrates the headquarters with Axalta's Global Innovation Center, unifying operations under the ONE Axalta initiative to enhance collaboration and streamline decision-making.

“We are thrilled to celebrate the Axalta headquarters and Global Innovation Center,” said Chris Villavarayan, CEO and President of Axalta. “As ONE Axalta, our priority is to create a collaborative environment that enhances teamwork and innovation. The Philadelphia Navy Yard is a convenient location for our employees, business partners, and customers, offering a vibrant space where we can come together to achieve our goals.”

Parts of the headquarters office environment were remodeled and enhanced, creating a flexible and effective space to achieve business goals, while boasting collaborative interaction. Axalta's Global Innovation Center is one of the largest coatings research and development facilities in the region. The move includes the relocation of local employees, including Axalta's leadership team, who will now operate from this centralized location.

As a premier hub for Axalta's global research, product development, and technology initiatives, the facility is designed to host a variety of employee meetings, business gatherings and collaborative events. Multiple large meeting spaces and modern collaboration areas will facilitate interaction and drive innovation, ensuring Axalta continues to deliver the most advanced coatings products to customers worldwide.

This move underscores Axalta’s ongoing commitment to Philadelphia, reinforcing the city's reputation as a world-class destination for global business.

About Axalta Coating Systems

Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful, and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity, and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 140 countries better every day with the finest coatings, application systems and technology. For more information, visit axalta.com and follow us on LinkedIn and @axalta on X.

Axalta 1050 Constitution Ave Philadelphia, PA 19112	Contact Chelsea Quilty 267.216.5603 Chelsea.quilty@axalta.com Axalta.com

 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3f3db3e4-54ca-4ecb-90b7-c04dbc11235c

 

FAQ

Where is Axalta's new global headquarters located?

Axalta's new global headquarters is located at the Philadelphia Navy Yard, Pennsylvania, where it's integrated with the company's Global Innovation Center.

Why did Axalta (AXTA) move its headquarters to Philadelphia Navy Yard?

Axalta relocated to unify operations under the ONE Axalta initiative, enhance collaboration, streamline decision-making, and create a more convenient location for employees, business partners, and customers.

What facilities are included in Axalta's new Philadelphia headquarters?

The new headquarters includes remodeled office spaces, multiple large meeting rooms, modern collaboration areas, and the Global Innovation Center, one of the region's largest coatings R&D facilities.

When did Axalta open its new global headquarters in Philadelphia?

Axalta opened its new global headquarters in the Philadelphia Navy Yard on November 7, 2024, marked by a ceremonial ribbon-cutting and employee appreciation event.