About ATS Automation Tooling Systems

ATS Corporation (ATS) engages in planning, designing, building, commissioning and servicing automated manufacturing and assembly systems – including automation products and test solutions – for a broadly diversified base of customers. ATS’ reputation, knowledge, global presence and standard automation technology platforms differentiate the company and provide it with competitive advantages in the worldwide manufacturing automation market for life sciences, food and beverage, transportation, consumer products, and energy. As of May 18, 2022, the company had worldwide across more than 50 manufacturing facilities and over 75 offices. On June 1, 2021, the company acquired BioDot, Inc., a leading manufacturer of automated fluid dispensing systems. The acquisition of BioDot expanded the company’s life sciences capabilities in precise, low volume fluid dispensing and enhances the company’s position in the point-of-care and clinical diagnostic lab automation end-markets. On June 2, 2021, the company acquired Control and Information Management Ltd. (CIM), an industrial automation system integrator based in Ireland. With the acquisition of CIM, ATS added to its automation and service capabilities for biopharma, pharmaceutical, and other manufacturing and services industries and enhanced its digitization strategy. On August 6, 2021, the company announced the acquisition of BLSG AG (BLSG), a consulting company specializing in process engineering and operational excellence. The acquisition of BLSG expanded the company’s Process Automation Solutions business’ ability to holistically serve customers from problem identification to solution implementation. On September 1, 2021, the company acquired NCC Automated Systems, Inc. (NCC), a provider of engineered-to-order sanitary automation solutions and stand-alone precision conveyance equipment. The acquisition of NCC expands ATS’ portfolio of precision conveyor technologies through the addition of adjacent and complementary products to ATS’ SuperTrak, addressing an important pillar of ATS’ automation products strategy while enhancing the company’s position in the food and beverage end-market. On December 3, 2021, the company acquired SP Industries, Inc. (SP), a designer and manufacturer of high-grade biopharma processing equipment, life sciences equipment, and lab apparatus products. SP offers a broad portfolio of research and commercial lyophilizers, aseptic fill-finish equipment and systems, life sciences equipment, and attractive and meaningful recurring revenues through its labware and glassware business. On January 7, 2022, the company announced the acquisition of HSG Engineering S.r.l. (HSG), an Italianbased industrial automation system integrator primarily serving the pharmaceutical sector. HSG joined ATS’ Process Automation Solutions business, deepens its domain knowledge in the biopharma and pharmaceutical sectors and strengthens its regional presence in Italy. On February 22, 2022, the company acquired the intellectual property assets of VASPAC Inc. (VASPAC), a Canadian-based organization that focuses on software quality assurance and specialized consulting to the nuclear industry. VASPAC joined ATS' Industrial Automation business and supports the company's nuclear strategy and creates new synergies through overlapping customers and expanded portfolio offerings. 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 solutions including pre automation and after-sales services. ATS and its subsidiaries serve customers in the following industrial markets life sciences, which includes medical devices, pharmaceuticals, radiopharmaceuticals and chemicals; food and beverage, which includes processing, packaging and filling for fresh produce and liquid food and beverage; transportation, which includes electric vehicles, automotive and aerospace; consumer products, which includes warehousing automation, cosmetics, electronics and durable goods; and energy, which includes nuclear and solar. With broad and in-depth knowledge across multiple industries and technical fields, ATS delivers single-source solutions to customers designed to lower their production costs, accelerate product delivery, and improve quality control. ATS engages with customers on both greenfield programs, such as equipping new factories, and brownfield programs, including capacity expansions, production relocations, equipment upgrades, software upgrades, efficiency improvements and factory optimizations. ATS is selective in its choice of markets and favours regulated industries where quality and reliability are mandatory. ATS engages at varying points in customers’ automation cycles. During the pre-automation phase, ATS offers comprehensive services, including discovery and analysis, concept development, simulation and total cost of ownership modelling, all of which help customers to verify the feasibility of different types of automation, set objectives for factors, such as line speed and yield, assess production processes for manufacturability and calculate the total cost of ownership. For customers that have decided to proceed with an automation project, ATS offers specialized equipment for specific applications or industrial markets, as well as automation and integration services, including engineering design, prototyping, process verification, specification writing, software and manufacturing process controls development, equipment design and build, standard automation products/platforms, third party equipment qualification, procurement and integration, automation system installation, product line commissioning, validation and documentation. Following the installation of custom automation, ATS may supply duplicate or similar automation systems that leverage engineering design completed in the original customer program. For customers seeking complex equipment production or build-to-print manufacturing, ATS provides value engineering, supply-chain management, integration and manufacturing capabilities, and other automation products and solutions. Post automation, ATS offers a number of services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits and equipment relocation. Service agreements are often attached at the time of new equipment sale or are available on an after-market basis on installed equipment. The company employs service strategies to serve customers and increase the revenue derived from these activities. Its Illuminate Manufacturing Intelligence serves as a connected factory floor management system that captures, analyzes and uses real-time machine performance data to quickly and accurately troubleshoot, deliver process and product solutions, prevent equipment downtime, drive greater operational efficiency and unlock performance for sustainable production improvements. ATS and its subsidiaries have locations in Canada, the United States, Italy Germany, Belgium, Thailand, the United Kingdom, the Netherlands, the Czech Republic, China, Slovakia, Ireland, India, Singapore, Mexico, Spain, France, Ukraine, Malaysia, Brazil, Switzerland and Austria. ATS can deliver localized service through its network of over 75 locations globally. In addition to foreign exchange risk, ATS is also subject to various other risks associated with operating in or servicing customers in foreign countries. The company is dependent upon its foreign subsidiaries to serve its multinational customer base. Expanding ATS’ business in emerging markets is an important element of its strategy and, as a result, ATS’ exposure to the risks of operating in foreign countries may be greater in the future. The company has physical presence and operations outside of North America as many of its subsidiaries are located in jurisdictions outside of North America. The recent and ongoing conflict in Ukraine and the global response to this conflict has resulted in significant uncertainty. Strategy The company’s strategy is to build, grow and expand. It applies the ATS Business Model (ABM), a management system developed by the company to enable these strategies, outpace the growth of its chosen markets and drive improvement year over year. To expand the company’s reach, management focuses on the development of new markets and business platforms, the expansion of service offerings, investment in innovation and product development, and strategic and disciplined acquisitions that strengthen ATS. The company will continue to seek growth organically and through acquisition. The company seeks to leverage its organizational structure, the ABM and related business processes and experience to successfully integrate acquired businesses. Regulations ATS is subject to compliance with various laws and regulations, including the Canadian Corruption of Foreign Public Officials Act (CFPOA), the United States Foreign Corrupt Practices Act (FCPA) and similar worldwide anti-bribery laws. History ATS Corporation was founded in 1978. The company was incorporated in 2003.