Move brings more than 100 new jobs to Center City.
Philadelphia, October 2, 2013 — Mayor Michael A. Nutter and Deputy Mayor for Economic Development Alan Greenberger announced that Axalta Coating Systems, a leading developer and manufacturer of high performance coatings, has relocated its global headquarters to Center City Philadelphia. The move will create more than 100 high-paying jobs over the next four years. Mayor Nutter will officially open Axalta’s new global headquarters at Two Commerce Square in a ribbon-cutting ceremony at 1:00 pm today.
“Axalta’s move is great news for our city with more than 100 jobs created and a major expression of confidence in Philadelphia,” said Mayor Nutter. “This announcement is just the latest in a long line of companies, large and small, that are doubling down on Philadelphia and creating jobs for Philadelphians. Over the next weeks and months we anticipate more exciting announcements with businesses that are starting here, staying here in, growing right here in Philadelphia.”
Attracting Axalta to Philadelphia was a major effort with a wide range of partners, including the Commonwealth of Pennsylvania, the Philadelphia Industrial Development Corporation and Select Greater Philadelphia. Leading the effort from city government was Deputy Mayor for Economic Development, Alan Greenberger.
“Today’s announcement is the culmination of many months of hard work from a number of people and I want to thank all of the partners involve,” said Deputy Mayor Greenberger. “Axalta’s move is further evidence that Philadelphia’s economy is on the rise across a number of sectors, including manufacturing, energy, chemicals and logistics. We look forward to welcoming Axalta to the region’s business community.”
Governor Corbett also announced that in addition to the establishment of the global headquarters in Philadelphia, Axalta is relocating its North American headquarters to a 55,000 square foot facility in Concord Township, Delaware County, creating more than 200 new jobs.
“My administration is working every day to bring new jobs to Pennsylvania – today we celebrate 332 new jobs coming to Philadelphia and Delaware County,” said Pennsylvania Governor Tom Corbett. “It’s a sign we are heading in the right direction and Pennsylvania’s economy is on the rise. Global companies like Axalta now want to come here, hire our workers and grow in the commonwealth.”
Axalta is a leading global developer, manufacturer, marketer and distributor of innovative, high performance coatings for the automotive, transportation, general industrial and architectural and decorative industries. Axalta is owned by The Carlyle Group and has more than 12,000 employees worldwide, in excess of 120,000 customers, revenues in 2012 of $4.3 billion, and does business in 130 countries around the world.
“All of us at Axalta are extremely excited to be able to call Philadelphia the home of our new corporate headquarters,” said Charles Shaver, Chairman and CEO of Axalta Coating Systems. “The city has so much to offer commercially, as the center of our global operations, and as a city with both a sense of history and a contemporary culture that makes it a great place to work.”