Goderich Signal Star, 2017-01-04, Page 4Wednesday, January 4, 2017 • Signal Star 3
Bruce Power signs $40 million, multi-year deal with ATS automation
Bruce Power signed a multi-year
master tooling agreement with ATS
Automation Tooling Systems Inc.
(TSX: ATA) on Dec. 21 for the sup-
ply of automated tooling systems
and related services for Bruce Pow-
er's Life -Extension Program.
This program will ensure Bruce
Power nuclear continues to pro-
vide low-cost electricity for families
and business for years to come.
Bruce Power supplies 30 per cent
of Ontario's energy at 30 per cent
less than the average residential
price.
The agreement will bring major
long-term economic benefits to the
province as Bruce Power advances
its multi-year investment program.
This is a long-term agreement with
initial orders valued at approxi-
mately $40 million, and the poten-
tial for future orders related to the
Bruce Power Life -Extension
Program.
"We are pleased to expand our
relationship with Bruce Power
through a multi-year, enterprise
supply agreement that is central to
Bruce Power's Life -Extension Pro-
gram," said Anthony Caputo, CEO,
ATS Automation. "We are commit-
ted to the on-time, on -budget suc-
cess of this very important nuclear
refurbishment program."
Under this agreement, ATS will
apply its innovative manufacturing
methodologies and knowledge of
the nuclear industry to assist Bruce
Power in meeting its goals. ATS's
relationship with Bruce Power has
included co -development of the
Bruce Reactor Inspection and
Maintenance System (BRIMS)
system.
The agreement names ATS as a
supplier for strategic tooling ser-
vices including key reactor tooling
systems for the removal of fuel
channels for Bruce Power's long-
term investment program. The pro-
gram in Ludes the life extension of
six unit announced last Decem-
ber. Since the amended Bruce
Power Refurbishment Implemen-
tation Agreement took effect Jan. 1,
2016, enabling operation through
2064, it remains on time and on
budget.
"This provides us with a strong
and innovative industry partner for
a program that will coptinue to cre-
ate jobs and enhance Ontario's
energy infrastructure," said Mike
Rencheck, Bruce Power's President
and CEO. "While we are planning
for the long term, collaboration
with strong and diverse partners
today will help us deliver our pro-
gram. We believe this agreement
will be the foundation for a long-
standing arrangement with ATS as
we work to successfully invest in
our units, and continue to provide
Ontario families and businesses
low-cost power"
Hon. Kathryn McGarry, Ontar-
io's Minister of Natural Resources
and Forestry and the \IPP for Cam-
bridge, said low-cost, clean, relia-
ble nuclear power is a key compo-
nent of the province's electricity
system and will help Ontario meet
its climate change targets while
keeping the air clean.
"As Bruce Powet;e tends the
lives of its nuclear reactors, the
long-terrh partnership with ATS, a
global leader in automation head-
quartered in Ontario, will leverage
innovative technologies and expe-
rience to improve safety and effi-
ciency in our nuclear power opera-
tions," said Minister McGarry. "This
partnership will help to drive our
economy forward and is focused
on collaboration to sustain Bruce
as one of the lowest cost electricity
providers in Ontario."
Ian Howcroft, Vice President of
the Ontario Division of Canadian
Manufacturers & Exporters, said
the life extension of the Bruce units
will ensure a steady supply of low-
cost electricity, allowing Ontario
manufacturers to remain competi-
tive and strong.
"Bruce Power and the low-cost,
stable electricity it provides
Ontario is part of the solution over
both the short and long term,"
Howcroft said. "One of the biggest
issues we hear about is the need for
low-cost electricity and that's what
Bruce Power delivers."
Bryan May, Member of Parlia-
ment for Cambridge, praised the
announcement and welcomed the
benefits the nuclear industry
Anthony Caputo, front left, CEO, ATS Automation, and Mike Rencheck, Bruce Power President and CEO, sign a $40 million
agreement that will see ATS Automation continue as a supplier of strategic tooling during Bruce Power's Life -Extension
Program. Looking on is (back left) Bryan May, MP for Cambridge; Ian Howcroft, Vice President of the Ontario Division of
Canadian Manufacturers & Exporters; and Kathryn McGarry, Ontario's Minister of Natural Resources and Forestry and the
MPP for Cambridge.
brings to Cambridge.
"This agreement is terrific news
for Cambridge as Bruce Power
extends its nuclear reactor life,"
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said May. "ATS is an important part
of our local community, and their
success makes us all stronger. This
partnership is in keeping with the
great work that ATS has always
done, and I look forward to their
long-term collaboration with
Bruce."
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