Due to continuing rising costs of raw materials, packaging and transportation, Axalta (NYSE: AXTA) will introduce a price increase for its industrial coatings technologies sold in North America. The increase will take effect as permitted by contract and will be communicated directly to affected customers.

“Axalta makes every effort to work closely with our suppliers to combat rising input costs while ensuring that our products are competitively formulated,” said Michael Cash, President Industrial Coatings. “These price increases will help us continue to deliver on our promises to provide customers with innovative products and world class level of support and service that they and their customers have come to expect.”

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