Axalta Coating Systems Acquires State of the Art Manufacturing and Distribution Site in Sacramento, CA

Facility Will Expand Axalta’s West Coast Presence and Support Growth
in Company’s Industrial and Refinish Businesses

PHILADELPHIA–(BUSINESS WIRE)–Axalta (NYSE: AXTA) announced today that it has acquired a state of the
art manufacturing and distribution facility in Sacramento, CA to support
growth in its North American Industrial and Refinish businesses.
Financial terms of the transaction were not disclosed.

“Axalta has built an industry-leading business based on listening to,
and reacting to, the increasing requirements of our customer-base,” said
Michael Cash, Axalta Senior Vice President and President, Industrial
Coatings. “Axalta will continue to make these necessary investments to
ensure we have the technologies our customers need to remain competitive
and the manufacturing capability to get those products to them as
quickly as possible.”

The 150,000 square foot facility has production capacity of more than 15
million gallons. Axalta will continue to produce products at the site
for its Industrial Wood Coatings business and, over time, will expand
production to include products for both its Industrial and Refinish
coatings businesses.

“In the past three years, we have seen tremendous growth on the West
Coast, at all levels of the collision repair customer base,” added Troy
Weaver, Axalta Vice President of Refinish Americas. “This investment in
capacity will enable our Refinish business to be closer to those
customers and differentiate our service offering.”

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 more
than 150 years of experience in the coatings industry, the 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.

Contacts

Axalta
Heather Marter, +215-255-7904
[email protected]
axalta.com