ATS AUTOMATION COMPLETES ACQUISITION OF ATW AUTOMATION BUSINESSES IN USA AND EUROPE
TSX: ATA
CAMBRIDGE, ON, Jan. 5 /CNW/ - ATS Automation Tooling Systems Inc. ("ATS" or the "Company") today announced that the acquisition of the majority of Assembly & Test Worldwide, Inc.'s U.S.-based and German automation and test systems businesses (collectively "ATW"), previously announced on December 6, 2010, has been completed.
About ATS
ATS Automation 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 industries such as life sciences,
computer/electronics, energy, automotive and consumer products. It also
leverages its many years of experience and skills to fulfill the
specialized automation product manufacturing requirements of customers.
Through Photowatt, ATS participates in the growing solar energy
industry. ATS employs approximately 3000 people at 21 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.
Maria Perrella, Chief Financial Officer
Carl Galloway, Vice-President, Treasurer
519 653-6500