ATS Automation Tooling Systems

ATS Automation Tooling Systems is a Cambridge, Ontario based Canadian company that designs and builds factory automation systems. It is listed on the Toronto Stock Exchange.

ATS Automation Tooling Systems Inc
Public
Traded asTSX: ATA
IndustryAutomated Machinery and Equipment
GenreEngineering and Manufacturing
FounderKlaus Woerner
Headquarters730 Fountain St N.,
Cambridge, Ontario
,
Canada
Key people
Andrew Hilder (CEO since 2017)
Revenue989.79M CAD[1]
60.25M CAD[1]
43.93M CAD[1]
Number of employees
3800 [2]
Divisions51 facilities worldwide:[2]
Websitewww.atsautomation.com

History

ATS was founded by Klaus Woerner in 1978.[3] Woerner, who immigrated to Canada from Germany in 1974, ran the company until his death in 2005, overseeing significant growth.[4] In 2007, ATS pulled the planned IPO of its solar division, Photowatt.[5] Partially as a result of this, two hedge funds, Goodwood and Mason Capital Management, led a proxy fight against the firm, leading to the a new board of directors and management team.[6] Anthony Caputo became CEO at this time.[7] Photowatt under-performed significantly in the years that followed;[6] the company eventually sold Photowatt's French operations to EDF Group.[8]

In 2011, ATS purchased Sortimat Group, a German life sciences automation firm, for $62 million.[6] In 2013, they purchased German packaging firm IWK for $144 million,[9] and in 2014, they purchased the automation business of German company M+W Group for $362 million.[10] In 2017, Andrew Hider took over as CEO.

Operations

ATS builds automation systems for the medical devices, pharmaceuticals, telecommunications, semiconductor, fiber optics, automotive, computers, solar energy and consumer products industries. As of 2018, they have designed and built 23,000 automation systems.[2] The total cost of ownership (TCO) over the entire machine lifecycle is at the heart of every process development. Extensive advisory and preautomation consulting is part of the success story of ATS and its worldwide customers.

ATS employs approximately 3900 people worldwide, with 21 facilities in North America, Europe and Asia.[2]

The ATS group is the world's technological leader in high-volume glass syringe assembly in ISO clean rooms.

Standard Products and Platforms
  • SuperTrack
  • OmniTrack
  • MicroTrack
  • Discovery
  • Spaceline
  • Jetwing
  • LogiTrack
  • Clearliner
  • Workliner


  • Illuminate
  • ATS Toolkit
  • ATS Cortex System
  • ATS Smartvision

Acquired companies - ATS affiliate


Worldwide sites
  • ATS Cambridge
  • sortimat Assembly and Feedertechnology GmbH Winnenden
  • sortimat Handlingsystems GmbH St. Georgen
  • sortimat Rowling Meadows
gollark: It's more "error rates increase" than "you slowly die", at least.
gollark: The logic gates operate at stupidly small scales, and are pretty sensitive.
gollark: Computers are still sensitive to radiation.
gollark: Australia did lose a war to emus, though, funnily enough.
gollark: If enough radiation is applied, the ship will no longer meaningfully exist.

References
  1. "Google Financials: ATS Automation Tooling Systems Inc. (Public, TSE:ATA)". Retrieved 2012-11-15.
  2. "10 Things to know about ATS Automation Tooling Systems Inc (CA;ATA)". Retrieved 2012-11-15.
  3. "100 years, 100 people: Business". KitchenerPost.ca. 2012-05-24. Retrieved 2018-11-09.
  4. "ATS founder Klaus Woerner passes away | ATS Automation". www.atsautomation.com. Retrieved 2018-11-09.
  5. "ATS Automation pulls its planned solar IPO". National Post. 2007-03-28.
  6. "ATS Automation starting to turn investors' crank". The Globe and Mail. 2011-07-06. Retrieved 2018-11-09.
  7. "ATS Automation Tooling cutting 150 jobs | The Star". The Toronto Star. 2008-11-12. Retrieved 2018-11-09.
  8. "French court approves sale of ATS solar division". TheRecord.com. 2012-02-27. Retrieved 2018-11-09.
  9. Howitt, Chuck (2013-09-03). "Cambridge company ATS to acquire German packaging firm for $144M". TheRecord.com. Retrieved 2018-11-09.
  10. "ATS acquires Germany's M+W Group for $362-million in bid to boost auto industry exposure". Financial Post. 2014-07-08. Retrieved 2018-11-09.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.