Editing ATS Automation Tooling Systems

{{Short description|Canadian factory automation company}}
{{Infobox company
| name = ATS Corporation<ref name="thestar.com">{{cite web | url=https://www.thestar.com/business/2022/11/21/ats-automation-tooling-systems-inc-changes-name-to-ats-corp.html | title=ATS Automation Tooling Systems Inc. Changes name to ATS Corp | website=[[Toronto Star]] | date=21 November 2022 }}</ref>
| logo = ATS-Corporation-Logo-2024.png
| type = [[Public company|Public]]
| traded_as = {{tsx|ATS}} <ref name="thestar.com">{{cite web | url=https://www.thestar.com/business/2022/11/21/ats-automation-tooling-systems-inc-changes-name-to-ats-corp.html | title=ATS Automation Tooling Systems Inc. Changes name to ATS Corp | website=[[Toronto Star]] | date=21 November 2022 }}</ref><br>{{NYSE|ATS}}
| genre = Engineering and Manufacturing
| foundation = 
| founder = [[Klaus Woerner]]
| location_city = [[Cambridge, Ontario]]
| location_country = [[Canada]]
| location = 730 Fountain St N.
| locations = 
| area_served = 
| key_people = Andrew Hider (CEO since 2017)
| industry = Automated Machinery and Equipment
| products = 
| services = 
| revenue = 1.4B CAD<ref>{{Cite web|url=https://www.newswire.ca/news-releases/ats-reports-fourth-quarter-and-fiscal-2020-results-805337404.html|title = ATS Reports Fourth Quarter and Fiscal 2020 Results}}</ref>
| operating_income = 
| net_income = 
| assets = 
| equity = 
| owner = 
| num_employees = 6500 <ref name=atswebsite>{{cite web |url=http://www.atsautomation.com/About%20Us/|title=About Us (CA;ATA) |accessdate=2020-11-16}}</ref>
| parent = 
| divisions = 20 facilities and 50 offices worldwide:<ref name="atswebsite"/>
| subsid = 
| homepage = {{URL|https://atsautomation.com/}}
| footnotes = 
}}

'''ATS Corporation''' is a Canadian company based in [[Cambridge, Ontario]], that designs and builds [[factory]] [[automation]] systems. It is listed on the [[Toronto Stock Exchange]].

== History ==
ATS was founded by [[Klaus Woerner]] in 1978.<ref>{{Cite news|url=https://www.kitchenerpost.ca/community-story/5907077-100-years-100-people-business/|title=100 years, 100 people: Business|date=2012-05-24|work=KitchenerPost.ca|access-date=2018-11-09|language=en-CA}}</ref>  Woerner, who immigrated to Canada from Germany in 1974, ran the company until his death in 2005, overseeing significant growth.<ref>{{Cite web|url=https://www.atsautomation.com/en/Investor%20Relations/News/2005%20-%20ATS%20founder%20Klaus%20Woerner%20passes%20away.aspx|title=ATS founder Klaus Woerner passes away {{!}} ATS Automation|website=www.atsautomation.com|language=en|access-date=2018-11-09}}</ref>  In 2007, ATS pulled the planned IPO of its solar division, Photowatt.<ref>{{Cite news|url=http://www.pressreader.com/canada/national-post-latest-edition/20070328/282621733265017|title=ATS Automation pulls its planned solar IPO|date=2007-03-28|work=National Post}}</ref>  Partially as a result of this, two hedge funds, Goodwood and Mason Capital Management, led a [[proxy fight]] against the firm, leading to the a new board of directors and management team.<ref name=":0">{{Cite news|url=https://www.theglobeandmail.com/globe-investor/investment-ideas/ats-automation-starting-to-turn-investors-crank/article625690/|title=ATS Automation starting to turn investors' crank|date=2011-07-06|work=The Globe and Mail|access-date=2018-11-09}}</ref>  Anthony Caputo became CEO at this time.<ref>{{Cite news|url=https://www.thestar.com/business/2008/11/12/ats_automation_tooling_cutting_150_jobs.html|title=ATS Automation Tooling cutting 150 jobs {{!}} The Star|date=2008-11-12|work=The Toronto Star|access-date=2018-11-09|language=en}}</ref>  Photowatt under-performed significantly in the years that followed;<ref name=":0" /> the company eventually sold Photowatt's French operations to [[EDF Group]].<ref>{{Cite news|url=https://www.therecord.com/news-story/2597216-french-court-approves-sale-of-ats-solar-division/|title=French court approves sale of ATS solar division|date=2012-02-27|work=TheRecord.com|access-date=2018-11-09|language=en-CA}}</ref>

In 2011, ATS purchased Sortimat Group, a German life sciences automation firm, for $62 million.<ref name=":0" />  In 2013, they purchased German packaging firm IWK for $144 million,<ref>{{Cite news|url=https://www.therecord.com/news-story/4060184-cambridge-company-ats-to-acquire-german-packaging-firm-for-144m/|title=Cambridge company ATS to acquire German packaging firm for $144M|last=Howitt|first=Chuck|date=2013-09-03|work=TheRecord.com|access-date=2018-11-09|language=en-CA}}</ref> and in 2014, they purchased the automation business of German company M+W Group for $362 million.<ref>{{Cite news|url=https://business.financialpost.com/transportation/ats-acquires-germanys-mw-group-for-362-million-in-bid-to-boost-auto-industry-exposure|title=ATS acquires Germany's M+W Group for $362-million in bid to boost auto industry exposure|date=2014-07-08|work=Financial Post|access-date=2018-11-09|language=en-US}}</ref>

In February 2017, Andrew Hider was appointed CEO of the company.<ref>{{Cite web |date=2017-02-10 |title=ATS Automation names Andrew Hider CEO |url=https://www.automationmag.com/6787-ats-automation-names-andrew-hider-ceo/ |access-date=2021-01-18 |website=Manufacturing Automation |language=en-US}}</ref>

In September 2023, ATS acquired Avidity Science, a biomedical research and life sciences water purification equipment provider, for $195 million.<ref>{{Cite web |last= |first= |title=ATS To Acquire Biomedical Research & Life Sciences Water Purification Equipment Provider Avidity Science |url=https://www.newswire.ca/news-releases/ats-to-acquire-biomedical-research-amp-life-sciences-water-purification-equipment-provider-avidity-science-830513684.html |access-date=2023-09-22 |website=www.newswire.ca |language=en}}</ref>

== Operations ==
ATS builds automation systems for the medical devices, [[pharmaceuticals]], [[telecommunications]], [[semiconductor]], [[fiber optics]], [[automotive]], [[computers]], [[solar energy]] and [[consumer]] products industries. As of 2018, they have designed and built 23,000 automation systems.<ref name="atswebsite" />

ATS employs approximately 6500 people worldwide, with 20 facilities in North America, Europe and Asia.<ref name="atswebsite" />

== References ==
{{reflist}}

== External links ==
*{{Official website|https://atsautomation.com/}}

[[Category:Companies listed on the Toronto Stock Exchange]]
[[Category:Manufacturing companies based in Ontario]]
[[Category:Manufacturing companies of Canada]]
[[Category:Companies based in Cambridge, Ontario]]
[[Category:Equipment semiconductor companies]]
[[Category:MES software]]


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