Axalta Coating Systems Locates Innovation Center at Philadelphia, Pennsylvania, Navy Yard
09/10/2015
“Innovation is central to Axalta’s growth and ability to meet the needs of our customers years into the future,” Axalta Chairman/CEO Charlie Shaver said.” Coatings are a critical component of so many everyday products…Our Global Innovation Center will ensure Axalta sets the pace for coating technology around the world.”
Axalta will relocate its existing research and development operations to the Navy Yard, where it will construct a new 175,000 square foot facility. The company received a funding proposal from the Pennsylvania Department of Community and Economic Development that includes a $400,000 Pennsylvania First Grant.
“The Axalta project demonstrates positive momentum for Pennsylvania’s ability to continue to attract new jobs,” said Governor Tom Wolf.
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