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Advance Manufacturing

ATS announces automation systems Order Booking

Cambridge - ATS Automation Tooling Systems Inc. (ATS) announced yesterday it has received an enterprise Order Booking from a North American-based customer that is a global leader in its market. ATS has provided innovative core manufacturing solutions to the customer for a number of years.

The Order Booking is valued at approximately U.S. $100 million and involves delivery and installation of systems at several locations that will enable the customer to roll out a new global product. Multiple ATS divisions will be involved with delivery and the period of performance is expected to be approximately six quarters. Further details regarding the customer and the Order Booking cannot be provided due to confidentiality obligations and commercial considerations.

"This Order Booking is a reflection of ATS's growth strategy of providing comprehensive, value-based enterprise manufacturing systems for customers built on differentiating technological solutions and global capabilities," said Anthony Caputo, Chief Executive Officer. "It represents the culmination of months of collaboration between the customer and ATS teams and marks the continuation of a relationship that has produced many successful outcomes."

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