ATS Corporation
Headquarters: Cambridge, Ontario, Canada · Assembly AutomationFit score 71/100
What they do
ATS Corporation designs and builds custom assembly and test automation for transportation (including EV battery programs), life sciences, food and energy customers, across 65+ manufacturing facilities worldwide.
Expansion / growth signal observed
ATS reported record fiscal-2025 order bookings of $3.3 billion and a backlog of about $2.1 billion in May 2025, while settling a major EV-customer program for approximately $194 million in expected cash receipts and repositioning its transportation automation business for the next program cycle.
Signal type: Record bookings + EV program reset · Signal date: 2025-05-28
Fit score — how 71/100 is built
Scoring rationale: Signal strength 16/25 — discounted on purpose: record bookings are company-wide, and the EV settlement closes a program rather than opening one. North America 19/25: Ontario HQ with US Midwest operations. Scale 20/25: $3.3B bookings, $2.1B backlog, 7,500+ employees. Recency 16/25: May 2025 results. ATS is tracked as a capacity partner for the next battery-program wave — its EV order book is the variable to watch.
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