ATS Awarded US$7.7 Million Order to Automate Assembly of Electronic Security Devices
CAMBRIDGE, ON, July 24 / / - ATS Automation Tooling Systems Inc. today
announced it has been awarded a US$7.7 million order to design, build and
install an automated, high-volume assembly system for a leading global
provider of advanced electronic security products.
The five-zone manufacturing system, featuring ATS Supertrak(TM)
high-speed conveyance technology, will be built for this first-time customer
primarily at ATS facilities in Tucson, Arizona and Corvallis, Oregon and is
scheduled for delivery in early fiscal 2009 (spring of calendar 2008). The
name of the customer cannot be released due to customer confidentiality.
"We are delighted to have been selected by this customer to participate
in the production of this sophisticated electronic security device," said Ron
Jutras, ATS President and CEO. "This is an exciting project and an excellent
example of how ATS's advanced technology toolkit, our strategic sales focus
and our well-positioned manufacturing operations in the US have combined to
provide us with an entree into an important new customer account in a growing
niche market. We intend to build on this relationship."
About ATS
ATS Automation Tooling Systems Inc. provides innovative, custom designed,
built and installed manufacturing solutions to many of the world's most
successful companies. Founded in 1978, ATS uses its industry-leading knowledge
and global capabilities to serve the sophisticated automation systems needs of
multinational customers in healthcare, computer/electronics, automotive and
consumer products. It also leverages its many years of repetitive
manufacturing experience and skills to fulfill the specialized repetitive
equipment manufacturing requirements of customers. Through its solar business,
ATS participates in the growing solar energy industry and through its
precision components business it produces, in high volume, precision
components and subassemblies. ATS employs approximately 3,500 people at
24 manufacturing facilities in Canada, the United States, Europe, southeast
Asia and China. The Company's shares are traded on the Toronto Stock Exchange
under the symbol ATA. Visit the Company's website at www.atsautomation.com.
For further information: Carl Galloway, Vice President and Treasurer, Gerry
Beard, Vice President and Chief Financial Officer, ATS Automation Tooling
Systems Inc., (519) 653-6500
