Axalta Coating Systems to Invest $10.5 Million in Mexico
PHILADELPHIA – Axalta Coating Systems announced a commitment to invest $10.5 million in Tlalnepantla, Mexico, to expand capacity to produce resins used in the manufacture of transportation coatings. The investment is intended to enhance and expand the capability of the Tlalnepantla operations center, one of three manufacturing locations for Axalta in Mexico and headquarters of the company’s businesses in Latin America.
“This investment underscores the company’s commitment to support our continued growth in Mexico with locally produced coatings,” explained Jorge Cossio, President, Latin America for Axalta. “The investment will support Axalta customers in the light vehicle OEM and commercial transportation markets. In addition to manufacturing products for Mexico, the expansion also allows Axalta to better serve the broader Americas market.”
The resin facility will use manufacturing technology designed to improve operational efficiencies, reduce waste and further reduce the environmental footprint from the company’s manufacturing operations.
The Tlalnepantla facility already manufactures coatings for some of the largest global automotive OEM and heavy duty truck manufacturers, as well as Axalta’s refinish brands including Standox®, Spies Hecker® and Cromax®.