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Axalta Coating Systems
Axalta Coating Systems, Ltd., also known as simply Axalta, is an American company specializing in coatings in a wide variety of industrial applications, materials and sectors, such as for example automotive paints. The company is based in Philadelphia, Pennsylvania, and incorporated in Bermuda. Axalta develops and manufactures coatings for light and commercial vehicles, industrial, and refinish applications. The firm does business in 130 countries, has nearly 13,000 employees, and has more than 100,000 customers. Axalta traces its origins to the German firm Herberts Gmbh, which began in 1866 coating carriages before moving to automotive painting. Through later mergers the company became DuPont Performance Coatings (DPC), part of the American DuPont chemical empire, and was rebranded as Axalta Coating Systems after being purchased by The Carlyle Group in 2013. Axalta went public on the New York Stock Exchange in November 2014 and since then has become fully independent. Carly ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Hendrick Motorsports
Hendrick Motorsports (HMS) is an American professional auto racing organization that competes in the NASCAR Cup Series. The team was founded in 1984 as All Star Racing by Rick Hendrick. Hendrick Motorsports has won a NASCAR-record 291 Cup Series races and 14 Cup Series owners and drivers championships to go with three Truck Series owners and drivers titles and one Xfinity Series drivers crown. Additionally, the team has 26 Xfinity Series race wins, 26 Truck Series race wins, and 7 ARCA Racing Series race wins. For 2022, Hendrick Motorsports fields four full-time Cup Series teams with the Chevrolet Camaro ZL1; the No. 5 for Kyle Larson, the No. 9 for Chase Elliott, the No. 24 William Byron, and the No. 48 for Alex Bowman. In the Xfinity Series, the team currently fields the No. 17 Chevrolet Camaro SS part-time for Kyle Larson, Alex Bowman, and William Byron. The team formerly fielded teams in the now-NASCAR Xfinity Series before merging its efforts with JR Motorsports before ...
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Philadelphia Naval Shipyard
The Philadelphia Naval Shipyard was an important naval shipyard of the United States for almost two centuries. Philadelphia's original navy yard, begun in 1776 on Front Street and Federal Street in what is now the Pennsport section of the city, was the first naval shipyard of the United States. It was replaced by a new, much larger yard developed around facilities begun in 1871 on League Island, at the confluence of the Delaware and Schuylkill rivers. The Navy Yard expansion stimulated the development over time of residential and businesses in South Philadelphia, where many shipyard workers lived. During World War II, some 40,000 workers operated on shifts around the clock to produce and repair ships at the yard for the war effort. The United States Navy ended most of its activities there in the 1990s, closing its base after recommendations by the Base Realignment and Closure commission. In 2000, the Philadelphia Industrial Development Corporation, on behalf of the city of Ph ...
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Research And Development
Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existing ones. Research and development constitutes the first stage of development of a potential new service or the production process. R&D activities differ from institution to institution, with two primary models of an R&D department either staffed by engineers and tasked with directly developing new products, or staffed with industrial scientists and tasked with applied research in scientific or technological fields, which may facilitate future product development. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. However R&D is crucial for acquiring larger shares of the market through the marketisation ...
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Europe, The Middle East And Africa
EMEA is a shorthand designation meaning Europe, the Middle East and Africa. The acronym is used by institutions and governments, as well as in marketing and business when referring to this region: it is a shorthand way of referencing the two continents (Africa and Europe) and the Middle Eastern sub-continent all at once. It is particularly common among North American companies, and it is mostly used when dividing a company's operations by geography. As the name suggests, the region includes all of the countries found on the continents of Africa and Europe, as well as the countries that make up the Middle East. The region is generally accepted to include all European nations and all African nations, and extends east to Iran, including part of Russia. It may also include Kazakhstan and the rest of Central Asia. Typically, the acronym does not include independent overseas territories of mainland countries in the region, such as French Guiana. However, the term is not completely ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** ''Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel ***Bloomberg TV Canada ***Bloomberg TV Philippines ***Bloomberg TV Malaysia ** Bloomberg Terminal, desktop terminal and software widely used in the financial industry ** Bloomberg Data, API product using sftp or web service protocols to retrieve market data ** Bloomberg Government, online news service c ...
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Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ...
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Wilmington, Delaware
Wilmington ( Lenape: ''Paxahakink /'' ''Pakehakink)'' is the largest city in the U.S. state of Delaware. The city was built on the site of Fort Christina, the first Swedish settlement in North America. It lies at the confluence of the Christina River and Brandywine Creek, near where the Christina flows into the Delaware River. It is the county seat of New Castle County and one of the major cities in the Delaware Valley metropolitan area. Wilmington was named by Proprietor Thomas Penn after his friend Spencer Compton, Earl of Wilmington, who was prime minister during the reign of George II of Great Britain. At the 2020 census, the city's population was 70,898. The Wilmington Metropolitan Division, comprising New Castle County, Delaware, Cecil County, Maryland and Salem County, New Jersey, had an estimated 2016 population of 719,887. Wilmington is part of the Delaware Valley metropolitan statistical area, which also includes Philadelphia, Reading, Camden, and other urban are ...
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European Coatings Journal
The ''European Coatings Journal'' is an English-language trade magazine for the coatings industry. It is published by Vincentz Network. It was established in 1986. According to the Informationsgemeinschaft zur Feststellung der Verbreitung von Werbeträgern, it reached about 33.000 readers per issue in 2010. The ''European Coatings Journal'' is an official partner of the Conseil Européen de l'Industrie des Peintures, des Encres d'Imprimerie et des Couleurs d'Arts, the European coatings association. Content Professional articles Topics from research and development as well as topics from coatings production and raw materials are dealt with in extensive articles. There is always one main topic (e.g. powder coating, additives or water based coatings). The articles are written by external professionals and revised by the editorial team. Categories Next to professional articles which compose the main part of the journal, there are some permanent sections: * Market Watch (An ...
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Lacquer
Lacquer is a type of hard and usually shiny coating or finish applied to materials such as wood or metal. It is most often made from resin extracted from trees and waxes and has been in use since antiquity. Asian lacquerware, which may be called "true lacquer", are objects coated with the treated, dyed and dried sap of ''Toxicodendron vernicifluum'' or related trees, applied in several coats to a base that is usually wood. This dries to a very hard and smooth surface layer which is durable, waterproof, and attractive in feel and look. Asian lacquer is sometimes painted with pictures, inlaid with shell and other materials, or carved, as well as dusted with gold and given other further decorative treatments. In modern techniques, lacquer means a range of clear or pigmented coatings that dry by solvent evaporation to produce a hard, durable finish. The finish can be of any sheen level from ultra matte to high gloss, and it can be further polished as required. Lacquer finishes ...
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