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ATS Automation Sets Out Plans to Serve Ontario Market
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October 22, 2009

Cambridge, ON, Canada: ATS Automation Sets Out Plans to Serve Ontario Market

ATS Automation Tooling Systems and Photowatt, its wholly-owned subsidiary, plan to leverage their global solar expertise and Ontario presence to advance the Ontario solar market.

As part of its comprehensive approach, ATS plans to:

- Develop solar projects;

- Offer complete solutions to installers and developers including modules, balance of system, technical support, project management, financing and site maintenance, with the ability to meet and exceed content requirements under the Green Energy Act;

- Build Photowatt modules directly at its existing Cambridge facilities, as well as through a contract manufacturing arrangement with an Ontario-based partner;

- Designate a "green wing" on its existing Cambridge campus and invite others wishing to participate in the Ontario market and/or produce products in Ontario to consider cooperation and co-location.

The Green Energy Act regulations announced in Ontario on September 24, 2009, introduced Feed-in Tariffs and domestic content rules for alternative energy producers. ATS believes the improved regulatory environment, combined with increasing focus on alternative energy will support growth in the Ontario solar energy market. ATS is uniquely positioned, with Ontario-based manufacturing and extensive solar capabilities and experience to participate in the market.

"With our very broad capabilities in solar and as a leading equipment, engineering and manufacturing company with over 900 employees and approximately 1 million square feet of facilities in Ontario, we have the capability to meet demand and lead the domestic market," said Anthony Caputo, ATS Chief Executive Officer. "I would invite other companies interested in this innovative market to consider collaborating with us at our new green wing."

Said George Smitherman, Deputy Premier and Minister of Energy and Infrastructure: "This investment announced by ATS represents further progress in Ontario's pursuit of green energy and green jobs."

ATS and Photowatt intend to make additional announcements with respect to their Ontario plans in the coming weeks.


Further details about: ATS Automation Tooling Systems

 


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