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Atlas Engineered Products

Atlas Engineered Products doubles capacity at Ontario facility as demand ramps up

Satellite and the group's other plants in British Columbia and Ontario use laser precision, software and automation to make the products.

roof truss
Atlas specializes in designing and supplying roof trusses and engineered floor joists

Atlas Engineered Products Ltd (CVE:AEP), the engineered wood products group, revealed it had doubled capacity at its Satellite building components plant in Merrickville, Ontario, to keep up with demand.

Satellite and the group's other plants in British Columbia and Ontario use laser precision, software and automation to make the products.

READ: Atlas Engineered Products reports three-fold 1Q revenue increase to C$6.2 million

The firm has now installed  a fully automated roller gantry, customized cutter saw and expanded pressing system, it said in a statement on Monday.

"This type of automated equipment ensures we can keep up with the extra supply demands we're experiencing in this market,"said CEO Dirk Maritz. "Large mounted display screens eliminate the use of paper and extra travel in the shop, and our overall production speed increases significantly."

Established in 1974, Satellite was acquired by the group past summer.

Atlas specializes in designing and supplying roof trusses and engineered floor joists throughout Eastern Ontario.

Contact Giles at [email protected]

Follow him on Twitter@Gile74

Quick facts: Atlas Engineered Products

Price: $0.44

Market: TSX-V
Market Cap: $20.24 m
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