Robotics & Automation News

Market trends and business perspectives

automation tooling systems

ATS acquires intellectual property assets of Transformix for $10 million

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Automation Tooling Systems, an industrial automation solutions provider, says it has acquired “substantially all” of the intellectual property assets of Transformix Engineering.

Transformix’s CNCAssembly system, based on its patented Rapid Speed Matching technology, provides a method of linking and synchronizing the movements of devices and tooling to enable faster and more efficient assembly systems.

This enhanced capability is expected to provide higher speed, lower cost, energy efficient and more flexible assembly solutions for ATS’ customers, while utilizing a smaller footprint.  [Read more…] about ATS acquires intellectual property assets of Transformix for $10 million

ATS Automation receives $80 million order booking from electric vehicle maker

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Canadian company ATS Automation Tooling Systems says it has received an order booking from “a global automotive manufacturer” for a fully automated battery assembly system.

The total enterprise program is valued at approximately $80 million – that’s Canadian dollars, which equates to about $62 million US.

Approximately $7.6 million of this has already been received and recorded in order bookings for the first quarter of fiscal 2019.  [Read more…] about ATS Automation receives $80 million order booking from electric vehicle maker

ATS wins $100m automation deal

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ATS Automation Tooling Systems building
ATS Automation Tooling Systems building

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. [Read more…] about ATS wins $100m automation deal

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