- ATS Automation Tooling Systems (ATA) announced that its Industrial Automation business has received order bookings valued at approximately US$140 million from a global automotive customer
- These order bookings include the design, build, and installation of turnkey battery assembly systems
- ATS Automation Tooling Systems is a Canada-based company that provides automation systems
- ATS Automation Tooling Systems Inc. (ATA) opened trading at C$44.60
ATS Automation Tooling Systems (ATA) announced that its Industrial Automation business has received order bookings valued at approximately US$140 million.
The bookings are from an existing global automotive customer. These Order Bookings include the design, build, and installation of turnkey battery assembly systems. They will be recorded in the company’s third quarter of fiscal 2023 and are expected to be executed over the next 18-24 months.
“We are excited to continue our momentum in the complex and quickly evolving EV market,” said Andrew Hider, CEO of ATS.
“By building strong partnerships with key customers and with an unrelenting focus on continuous improvement, we continue to be able to provide leading solutions that leverage the latest technologies to meet demands in this dynamic space.”
ATS Automation Tooling Systems is a Canada-based company that provides automation systems. ATS addresses the manufacturing automation systems and service needs of multinational customers in life sciences, food & beverage, transportation, consumer products, and energy.
ATS Automation Tooling Systems Inc. (ATA) opened trading at C$44.60.
