March 19, 2009 - ATS Automation Tooling Systems Inc. ("ATS") today announced it is reducing its Cambridge workforce by approximately 80 full-time employees and its Photowatt France workforce by approximately 160 temporary workers in order to bring the workforce inline with customer requirements. "In light of today's economic climate, demand at our Cambridge facility has softened, particularly in the Automation Products Group; and at Photowatt, demand for solar modules and systems has decreased." said Anthony Caputo, Chief Executive Officer.
"While the current business environment remains challenging, the Company is in a strong position to continue to serve its customer base and focus on key opportunities."
About ATS
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 industries such as healthcare, computer/electronics, energy, automotive and consumer products.