ATS Automation Tooling Systems has received an enterprise order from a company which it would only describe as “a North American-based customer that is a global leader in its market”.
ATS adds that it has provided core manufacturing solutions to the customer for a number of years.
The “Order Booking” is valued at approximately $100 million and involves delivery and installation of systems at several locations that will enable the customer to roll out a new global product.
Multiple ATS divisions will be involved with delivery and the period of performance is expected to be approximately six quarters. Further details regarding the customer and the Order Booking were not “due to confidentiality obligations and commercial considerations”.
ATS CEO Anthony Caputo says: “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.
“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.”