ATS Announces Life Sciences Order Booking

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[{"type":"text","content":"\n \n \n \n ATS Announces Life Sciences Order Booking\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n CAMBRIDGE, ON\n \n ,\n \n June 2, 2021\n \n /CNW/ - ATS Automation Tooling Systems Inc. (TSX: ATA) (\"ATS\" or the \"Company\"), an industry-leading automation solutions provider, today announced it has received an Order Booking from a global medical device company for a fully automated manufacturing solution.\n \n \n \n \n \n \n \n \n \n The Order Booking is valued at approximately\n \n $120 million\n \n , and includes the manufacturing, build, delivery, and installation of several fully automated manufacturing systems that will enable the customer to expand its operational footprint globally. The program is a follow-on order and builds on ATS' successful relationship with this key customer. The program scope involves staggered deliveries spanning over the next several months for multiple repeat machines and ATS is leveraging its Repetitive Equipment Manufacturing division to achieve the customer's capacity objectives. The program will incorporate a number of ATS' proprietary technologies and products, as well as post-installation training and support.\n \n \n \"This is an important award for ATS that fully leverages the differentiated capabilities, innovations and services of our proven life sciences business,\" said\n \n Andrew Hider\n \n , CEO of ATS. \"We look forward to delivering to plan. This is a strategic program for our customer, and we are proud to play an important role in its efforts to scale operations globally.\"\n \n \n The Order Booking will be recorded in ATS' first quarter of fiscal 2022 and is expected to be delivered over the next 12 months.\n \n \n \n About ATS\n \n \n ATS is an industry-leading automation solutions provider to many of the world's most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added services, including pre-automation and after-sales services, to address the sophisticated manuf...

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