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ATS Implements Next Phase of Automation Systems Group Organizational Development Program for North America
ATS Automation Posted 10/25/2006
CAMBRIDGE, ON - ATS Automation Tooling Systems Inc. today announced that its Automation Systems Group (ASG) has completed the next step in its North American organizational development initiative which is designed to improve management processes, optimize financial performance and resource utilization and advance its solutions-based strategy.
Implementation of this improvement program began at the end of August 2006 with the appointment of Jim Sheldon as President of ASG North America. As a result of completing this next step in the program, all North American-wide sales and business development for ASG now have centralized leadership; and the Group's largest division, Cambridge Systems, has
reorganized its operating structure around three key functions: project management, engineering and manufacturing.
As part of this implementation, four senior management appointments have been made as follows:
- Mike Fisher is appointed to the newly-created position of Vice President, Sales and Business Development, ASG North America with responsibility for enhancing customer account management and coordinating the market-leading sales coverage for ASG's eight operating locations in the US and Canada.
- Eric Kiisel is appointed to the newly created position of Vice President, Project Management - Cambridge Systems Division with responsibility for establishing and driving world-class project management methodology and standards in forecasting, scheduling, and project development.
- Peter Tang is appointed to the newly created position of Vice President, Engineering - Cambridge Systems Division with responsibility for all engineering disciplines within the division.
- Bob Eckert is appointed to the newly created position of Vice President, Manufacturing - Cambridge Systems Division with responsibility for all manufacturing, manufacturing engineering, materials and machining-related disciplines.
All four senior managers report to Jim Sheldon. In making the announcement, Mr. Sheldon said: ‘‘With my senior leadership team now in place at Cambridge Systems Division, and ATS veteran Mike Fisher appointed to coordinate and lead ASG North American sales and business development, I expect to see acceleration in our improvement initiatives as I finalize our organizational development program for the balance of our ASG North American operations. By making these appointments and reorganizing our largest and most complex division around our key disciplines, we are giving the major drivers of our performance the attention and management support they need to be successful.’‘
ATS Automation Tooling Systems Inc. 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 healthcare, computer/electronics, automotive and consumer products. Through its solar business, ATS participates in the rapidly-growing solar energy industry. It also leverages its many years of repetitive manufacturing experience and skills to produce, in high volume, precision components and subassemblies and to answer the specialized repetitive equipment manufacturing requirements of customers. ATS employs approximately 3,800 people at 26 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.
Note to Readers
This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws (‘‘forward-looking statements’‘). Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of ATS, or developments in ATS's business or in its industry, to differ materially from the anticipated results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements include all disclosure regarding possible events, conditions or results of operations that is based on assumptions about future economic conditions and courses of action. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. ATS cautions you not to place undue reliance upon any such forward-looking statements, which speak only as of the date they are made. Forward-looking statements relate to, among other things, the outcomes that the organizational development initiative is designed to achieve; and the expected acceleration in the improvementinitiatives. The risks and uncertainties that may affect forward-looking statements include, among others, general market performance; demand for the products and solutions manufactured by this business; the success of competitors with greater capital and resources in exploiting their technology and marketing their products, and other risks detailed from time to time in ATS's filings with Canadian provincial securities regulators, including ATS's Annual Report and Annual Information Form for the fiscal year ended March 31, 2006. Forward-looking statements are based on management's current plans, estimates, projections, beliefs and opinions, and ATS does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change.