PHILADELPHIA – Axalta Coating Systems has 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,” said 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 our manufacturing operations. The company said the need for additional resin production is a direct response to customers’ growing interest in Axalta’s environmentally responsible coatings that can meet their expanded production in Mexico.
“Investing in Mexico reflects not only our commitment to our customers but also our confidence in the country’s OEMs’ ability to produce world class vehicles for the global automotive market,” said Steven Markevich, senior vice president and president, OEM Automotive, Axalta. “Our decision to invest in Mexico also is a tribute to our employees and to their dedication both to our company and to our customers.”
