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ATS Receives $11.4 Million in Repeat Automation Systems Orders
December 31, 1969 |Estimated reading time: Less than a minute
(September 28, 20040 Cambridge, Ontario — ATS Automation Tooling Systems Inc. announced it has received an additional follow-on automation systems order valued at US $11.4 million (CDN $14.8 million) from a leading manufacturer of self-use medical diagnostic products.
This latest assignment will use the resources of ATS's automation systems facilities in Canada and Germany to manufacture a number of virtually identical fully automated production lines for use in one of the customer's European manufacturing plants. The first system under this new order will be delivered in the summer of 2005 and the last is scheduled for delivery in the spring of 2006.
The systems to be supplied under this new order are also virtually identical to automation systems previously purchased by the customer during the past year. The first of these previously ordered systems is being installed at the customer's facility in the next few weeks. This newest assignment is part of a comprehensive program that began in May 2003 and has resulted in several orders, including those announced by ATS on August 5, 2004 valued at US $10.7 million. All of the production lines will feature high-speed motion control, vision inspection and rapid cycle rates and will support demand for the customer's leading proprietary self-use medical diagnostic products.