ATS AUTOMATION COMPLETES ACQUISITION OF ATW AUTOMATION BUSINESSES IN USA AND EUROPE
January 05 2011 - 6:28PM
PR Newswire (Canada)
CAMBRIDGE, ON, Jan. 5 /CNW/ -- 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. To view
this news release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/January2011/05/c8819.html
pMaria Perrella, Chief Financial Officerbr/ Carl Galloway,
Vice-President, Treasurerbr/ 519 653-6500/p
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