ATS Automation books US$100M order
Ontario manufacturer to build systems for North American client
CAMBRIDGE, Ont.—ATS Automation Tooling Systems Inc. has signed an agreement to build a number of manufacturing systems for a North American client.
Though the Cambridge, Ont. manufacturer disclosed the deal’s value of approximately US$100 million, it released few others details of the significant order.
“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,” Anthony Caputo, the company’s CEO, said. “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.”
The order, which includes the delivery and installation of systems for several separate facilities, is expected to take approximately a year and a half to complete. The company’s North American client will use the new manufacturing system to roll out a new global product.
ATS noted several of its divisions will be involved in completing the project. The company has 24 manufacturing facilities worldwide, the majority of which are in Canada, the U.S. and Europe.