Axalta, the paint business formerly known as DuPont Performance Coatings, is moving 100 headquarters jobs to Philadelphia and 230 marketing and support jobs to Glen Mills, in Concord Township, Delaware County, the company says here.
Research and development and production jobs will remain in Delaware, at the Chestnut Run office complex, where Axalta has leased space from DuPont, says Alan Levin, head of Delaware's economic development office. Axalta's new managers, who are Carlyle appointees, wanted to make a clear break with former owner DuPont, and moving the headquarters makes that easier. Glen Mills is a short commute for Axalta employees in Delaware, so they don't have to move, Levin added.
Read Chris Hepp's story in the Inquirer here. Axalta is moving from Barley Mill Plaza, an office complex in Greenville, Del. that is slated for redeveloment. The company was spun off to Carlyle Group, the Washington mega-buyout firm, in February as part of DuPont's attempt to exit aging industries,