Steed Technology recently completed the full acquisition of outstanding stock for Applied Technology Specialists (ATSI). Steed has confirmed that manufacturing of all products will remain in Northern California, while research and development will continue in Oklahoma. Both companies will now operate under the Steed name.
The acquisition of ATSI allows for Steed to increase its offering of gas abatement solutions with the ATSI EcoGuard line of “Point of Use” product. Furthermore, as environmental regulations are forcing companies to pinpoint ways that increase the effectiveness and efficiency of their abatement systems, Steed will rely on the ATSI team in consulting and solutions for companies looking to meet the environmental requirements.
“This is certainly a win-win for both Steed and ATSI, and even more so for our existing and prospective customers,” said Gerry Catalano, president and CEO of Steed Technology. “These companies face steep and complex challenges when working with separate vendors and technologies while trying to piece together environmentally responsible solutions to the toxic and harmful exhaust created in their manufacturing process. High-tech companies will face tougher standards in the future and will need advanced abatement equipment to be in compliance.”