Canadian Plastics

ATS completes sale of precision metals business (February 01, 2006)

Canadian Plastics   



Cambridge, Ont.-based ATS Automation Tooling Systems Inc. has completed the sale of its precision metals business to Autocam Corporation in Kentwood, Mich....

Cambridge, Ont.-based ATS Automation Tooling Systems Inc. has completed the sale of its precision metals business to Autocam Corporation in Kentwood, Mich.

The precision metals business employed about 200 people at a facility in Kitchener, Ont.

As part of the agreement, ATS will lease the land and building associated with this business from Autocam.

ATS has treated its precision metals division as a discontinued operation ever since it announced its intention to divest the business.

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