MTS Systems Corporation

MTS Systems Announces Receipt Of Contracts For Advanced Sensors For The U.S. Department Of Defense Contracts Valued At Up To $187 Million Including Options

Retrieved on: 
Thursday, September 13, 2018

Delivery of these sensors will begin in the company's fiscal 2019, and be completed over the next five to seven years.

Key Points: 
  • Delivery of these sensors will begin in the company's fiscal 2019, and be completed over the next five to seven years.
  • Commenting on this award, Mr. David Hore, President of MTS Sensors said, "We are honored to be awarded this program in support of our Nation's defense.
  • Dr. Jeffrey Graves, President and CEO of MTS Systems, stated, "We are extremely proud of our Sensors group, and their demonstrated ability to deliver this advanced sensor technology to the market.
  • Words such as "may," "will," "should," "expects," "intends," "projects," "plans," "believes," "estimates," "targets," "anticipates," and similar expressions identify forward-looking statements in the release.

MTS Announces Appointment of Todd Klemmensen as Senior Vice President and General Counsel

Retrieved on: 
Wednesday, August 8, 2018

EDEN PRAIRIE, Minn., Aug. 8, 2018 /PRNewswire/ --MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high performance test systems and sensors, today announced the appointment of Todd Klemmensen, currently MTS Systems Associate General Counsel and acting General Counsel, as Senior Vice President, General Counsel and Secretary for the company, effective August 5, 2018.

Key Points: 
  • EDEN PRAIRIE, Minn., Aug. 8, 2018 /PRNewswire/ --MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high performance test systems and sensors, today announced the appointment of Todd Klemmensen, currently MTS Systems Associate General Counsel and acting General Counsel, as Senior Vice President, General Counsel and Secretary for the company, effective August 5, 2018.
  • Todd was Senior Manager - Contracts at Alliant Techsystems Inc. (ATK) and provided legal counsel within its Armament Systems Group, prior to joining MTS Systems as Director of Contracts and Senior Counsel in 2012.
  • In a statement from Dr. Jeffrey Graves, President and Chief Executive Officer of MTS, he stated, "On behalf of our Board of Directors and the entire Management Team, we are pleased to appoint Todd to the role of MTS General Counsel.
  • As our General Counsel, we are confident that Todd will provide us with excellent leadership and guidance as we continue to execute on our growth strategy."

MTS Announces Declaration of Quarterly Cash Dividend

Retrieved on: 
Friday, August 3, 2018

EDEN PRAIRIE, Minn., Aug. 3, 2018 /PRNewswire/ --MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high performance test systems and sensors, today announced that its Board of Directors has declared a quarterly dividend of $0.30 per share.

Key Points: 
  • EDEN PRAIRIE, Minn., Aug. 3, 2018 /PRNewswire/ --MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high performance test systems and sensors, today announced that its Board of Directors has declared a quarterly dividend of $0.30 per share.
  • The dividend is payable on October 1, 2018 to shareholders of record as of the close of business on September 17, 2018.
  • This is MTS Systems Corporation's 147th consecutive quarterly dividend.
  • MTS had 3,500 employees as of September 30, 2017 and revenue of $788 million for the fiscal year ended September 30, 2017.

MTS Systems to Present at Intellisight 2018 Conference

Retrieved on: 
Wednesday, August 1, 2018

EDEN PRAIRIE, Minn., Aug. 1, 2018 /PRNewswire/ -- MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and sensors, today announced that Dr.Jeffrey Graves, President and CEO, will make a presentation to the investment community at the Intellisight 2018 Conference on Wednesday, August 15, at 1:45p.m.

Key Points: 
  • EDEN PRAIRIE, Minn., Aug. 1, 2018 /PRNewswire/ -- MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and sensors, today announced that Dr.Jeffrey Graves, President and CEO, will make a presentation to the investment community at the Intellisight 2018 Conference on Wednesday, August 15, at 1:45p.m.
  • MTS Systems Corporation'stesting hardware, software and service solutions help customers accelerate and improve their design, development and manufacturing processes and are used for determining the mechanical behavior of materials, products and structures.
  • MTS' high-performance sensors provide controls for a variety of applications measuring motion, pressure, position, force and sound.
  • MTS had 3,500 employees as of September 30, 2017 and revenue of $788 million for the fiscal year ended September 30, 2017.

MTS Announces Third Quarter 2018 Earnings Release Date and Conference Call

Retrieved on: 
Monday, July 23, 2018

EDEN PRAIRIE, Minn., July 23, 2018 /PRNewswire/ --MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and sensors, today announced that it will release its third quarter results on August 6, 2018 after market close.

Key Points: 
  • EDEN PRAIRIE, Minn., July 23, 2018 /PRNewswire/ --MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and sensors, today announced that it will release its third quarter results on August 6, 2018 after market close.
  • A conference call will be held on August 7, 2018 at 10:00 a.m.
  • Participants may join the live conference call by calling toll free 877.260.1479 (international toll 1.334.323.0522) referencing the conference pass code 6870592.
  • The conference call replay may be accessed by calling 888.203.1112 referencing the conference replay pass code 6870592.

EquipNet And Marubeni Techno-System (MTS) To Collaborate

Retrieved on: 
Tuesday, July 10, 2018

and Marubeni Techno-Systems Corporation (MTS) (Tokyo, Japan) have signed a collaborative agreement appointing MTS as EquipNet's exclusive partner in the Japanese market.

Key Points: 
  • and Marubeni Techno-Systems Corporation (MTS) (Tokyo, Japan) have signed a collaborative agreement appointing MTS as EquipNet's exclusive partner in the Japanese market.
  • "We're extremely pleased to have a company as well known and respected as Marubeni Techno-Systems advancing EquipNet's secondary equipment solutions to the Japanese Market," noted Roger Gallo CEO of EquipNet.
  • EquipNet solutions deliver maximized financial return while improving our client's corporate image, adhering to their safety standards, and contributing to their sustainability initiatives.
  • ABOUT MARUBENI TECHNO-SYSTEMS CORPORATION-Marubeni Techno-Systems Corporation was established as an independent machinery trading and solution company in April 2000.

MTS Announces Declaration of Quarterly Cash Dividend

Retrieved on: 
Wednesday, June 6, 2018

EDEN PRAIRIE, Minn., June 6, 2018 /PRNewswire/ --MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high performance test systems and sensors, today announced that its Board of Directors has declared a quarterly dividend of $0.30 per share.

Key Points: 
  • EDEN PRAIRIE, Minn., June 6, 2018 /PRNewswire/ --MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high performance test systems and sensors, today announced that its Board of Directors has declared a quarterly dividend of $0.30 per share.
  • The dividend is payable on July 6, 2018 to shareholders of record as of the close of business on June 22, 2018.
  • This is MTS Systems Corporation's 146th consecutive quarterly dividend.
  • MTS had 3,500 employees as of September 30, 2017 and revenue of $788 million for the fiscal year ended September 30, 2017.

MTS Systems to Present at B. Riley FBR Investor Conference

Retrieved on: 
Thursday, May 10, 2018

Dr. Graves will be accompanied by Brian Ross, Senior Vice President and CFO.

Key Points: 
  • Dr. Graves will be accompanied by Brian Ross, Senior Vice President and CFO.
  • A live audio webcast of the presentation will be available by accessing the investor relations section of the Company's website at http://investor.mts.com/events-and-presentations/presentations and clicking on the webcast icon.
  • MTS' high-performance sensors provide controls for a variety of applications measuring motion, pressure, position, force and sound.
  • MTS had 3,500 employees as of September 30, 2017 and revenue of $788 million for the fiscal year ended September 30, 2017.

MTS Accelerates Growth With New Actuator Technologies

Retrieved on: 
Friday, April 27, 2018

Customers have responded favorably to MTS' new actuator finishing technologies, resulting in greater market penetration, double-digit growth for MTS standard actuators and an increased demand for the remanufacture of worn actuators.

Key Points: 
  • Customers have responded favorably to MTS' new actuator finishing technologies, resulting in greater market penetration, double-digit growth for MTS standard actuators and an increased demand for the remanufacture of worn actuators.
  • The new MTS DuraGlide actuators are made with a rod surface coating and proprietary finishing processes that meet RoHS (Restriction of Hazardous Substances) requirements, as well as improve actuator longevity and performance.
  • MTS has eliminated these risks to manufacturing speed and customer delivery with the new actuator rod surface coating and finishing capabilities.
  • "MTS takes environmental stewardship seriously and is always looking for ways to improve our products' environmental footprint," says Dr. Jeffrey Graves, MTS President and CEO.

MTS Systems to Present at Wells Fargo Industrials Conference

Retrieved on: 
Tuesday, April 24, 2018

EDEN PRAIRIE, Minn., April 24, 2018 /PRNewswire/ --MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and sensors, today announced that Dr.Jeffrey Graves, President and CEO, will make a presentation to the investment community at the 2018 Wells Fargo Industrials Conference on Wednesday, May 9, at8:00 a.m.

Key Points: 
  • EDEN PRAIRIE, Minn., April 24, 2018 /PRNewswire/ --MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and sensors, today announced that Dr.Jeffrey Graves, President and CEO, will make a presentation to the investment community at the 2018 Wells Fargo Industrials Conference on Wednesday, May 9, at8:00 a.m.
  • MTS Systems Corporation's testing hardware, software and services solutions help customers accelerate and improve their design, development and manufacturing processes and are used for determining the mechanical behavior of materials, products and structures.
  • MTS' high-performance sensors provide controls for a variety of applications measuring motion, pressure, position, force and sound.
  • MTS had 3,500 employees as of September 30, 2017 and revenue of $788 million for the fiscal year ended September 30, 2017.