ATS Automation changes name to ATS Corporation

CAMBRIDGE — ATS Corporation has amended its articles in accordance with the Business Corporations Act to change its legal name from “ATS Automation Tooling Systems Inc.” to “ATS Corporation.”

As part of the name change, the ticker symbol of the company’s common shares on the Toronto Stock Exchange will also change from “ATA” to “ATS.”

The company expects the common shares to begin trading on the TSX under the new name and new ticker symbol at market open on or around Nov. 24, 2022.

“It was therefore important for us to respect our heritage by leveraging the equity present in our brand, but also to reflect the business we have evolved to become. The name ATS Corporation does both. It provides a great platform for the future and serves as the flagship for our many operating brands that will continue to lead the way for us in life sciences, transportation, food and beverage, energy and consumer,” said Andrew Hider, CEO of ATS Corporation in a statement.

One point of consistency with the original corporate identity is the use of three parallelograms, which represent the company’s core values. Those three parallelograms have more recently taken on additional meaning within the company’s business model, ABM, which serves as ATS Corporation’s business management system. The ABM emphasizes people, process, and performance.