Atlas Engineered Products Ltd (TSE:AEP) has released an update.
Atlas Engineered Products Ltd. has embarked on a technological upgrade by investing over US $7 million in robotic automation to enhance its roof truss manufacturing across three Canadian locations. This strategic move is expected to double production output and drive cost savings, positioning the company to better address Canada’s housing shortage. The integration of robotics underscores AEP’s commitment to growth and industry consolidation through advanced automation and operational efficiency.
For further insights into TSE:AEP stock, check out TipRanks’ Stock Analysis page.