Welcome to our dedicated page for ATS news (Ticker: ATS), a resource for investors and traders seeking the latest updates and insights on ATS stock.
ATS Corp (ATS) delivers innovative automation systems for manufacturing and testing environments across key industries. This news hub provides investors and industry professionals with timely updates on the company's strategic developments, operational milestones, and market positioning.
Access comprehensive coverage of ATS's latest announcements including earnings reports, product innovations, and strategic partnerships. Our curated collection features official press releases and analysis of automation solutions serving life sciences, energy, and consumer goods sectors.
Key updates include system deployments, technology advancements, and service expansions across North American and European markets. Track the company's progress in delivering customized engineering solutions that enhance production efficiency and quality control processes.
Bookmark this page for direct access to verified information about ATS's automation technologies, client engagements, and industry leadership. Stay informed about developments impacting industrial manufacturing through our continuously updated news feed.
ATS (TSX: ATS, NYSE: ATS) has announced a definitive agreement to acquire Paxiom Group, a provider of packaging machines for the food and beverage, cannabis, and pharmaceutical industries. Paxiom, headquartered in Montreal, Quebec, includes companies like WeighPack Systems, EndFlex, Valtara, and Kang-Di, with operations in Canada, the US, Italy, and China. The acquisition will enhance ATS' product offerings and expand its footprint in regulated markets. For the year ending December 31, 2023, Paxiom generated $67 million in revenue with an adjusted EBITDA margin above 19%. The transaction, whose financial terms were not disclosed, is expected to close in Q3 2024 and will be funded through cash and ATS' revolving credit facility.
ATS (TSX: ATS) (NYSE: ATS) announced that Ryan McLeod, Chief Financial Officer, will participate in TD Cowen’s 2nd Annual Sustainability Conference on May 22, 2024. ATS will host a fireside chat and institutional investor meetings at the event. A webcast link will be available for the live event and a replay for 90 days.
ATS (TSX: ATS) (NYSE: ATS) will host its fourth-quarter earnings call on May 16, 2024, where it will report financial results for the quarter ended March 31, 2024. The call will include management's remarks, a Q&A session with analysts, and can be accessed via webcast or telephone.