MTS Systems Corporation

MTS Systems Corporation

Company type	Subsidiary
Traded as	Nasdaq: MTSC
Industry	Scientific & Technical Instruments
Founded	1966;59 years ago (1966), in Eden Prairie, Minnesota
Headquarters	Eden Prairie, Minnesota
Products	Testing hardware, Sensing hardware
Revenue	$778.032 million USD (2019)
Operating income	$65.172 million USD (2019)
Net income	$61.328 million USD (2019)
Total assets	1.139 billion USD (2019)
Number of employees	3,500
Parent	Illinois Tool Works
Website	www.mts.com
Footnotes /references [1]

Self-tight jaws by MTS

MTS Systems Corporation (MTS) is a supplier of test and simulation systems. The company provides test and measurement products to determine the performance and reliability of vehicles, aircraft, civil structures, biomedical materials and devices and raw materials. Examples of MTS products include: aerodynamics simulators, seismic simulators, road simulators, load frames, and hydraulic actuators.

In December 2020, Amphenol Corporation announced it had reached an agreement to acquire MTS in an acquisition completed on April 7, 2021. ^{[2] [3]} In January 2021, ITW announced it had in turn reached an agreement to acquire the test and simulation business of MTS from Amphenol. ^[4]

Notable Projects

• Custom built Flat Trac LTRe for the National Tire Research Center in Alton, VA, which displays "...some of the most advanced technology in tire testing and research." ^[5]
• State-of-the-art 360-degree driving simulator. Commonly referred to as "The World's Most Advanced Driving Simulator" ^[6]
• First of its kind tuned mass damper for Citigroup Center ^[7] in New York City and John Hancock Tower ^[8] in Boston.
• Designed the AWD Slot-Car ride system for Walt Disney Imagineering’s Enhanced motion vehicle ride system.^{[ citation needed ]}
• Manufacturing and design for Universal Parks & Resorts, including the launch system for the Incredible Hulk Coaster; the ride systems for The Cat in the Hat and Men in Black: Alien Attack at Universal Orlando, Jaws at Universal Studios Japan; ^{[9] [10]} as well as the dinosaurs at Islands of Adventure's Jurassic Park River Adventure.

References

1. "FORM 10-K".
2. Jones, Carter (9 December 2020). "MTS Systems acquired by cable manufacturer for $1.7 billion, stock soars". Minneapolis / St. Paul Business Journal. Retrieved 23 March 2021.
3. "Amphenol Completes Acquisition of MTS Systems". Businesswire. 7 April 2021. Retrieved 8 April 2021.
4. "ITW to Acquire MTS Test & Simulation Business From Amphenol". globenewswire.com (Press release). 19 January 2021. Retrieved 23 March 2021.
5. http://www.wset.com/story/19907077/new-center-showcasing-advanced-tire-testing-machine ["New Center Showcasing Advanced Tire Testing Machine"]
6. "Lexus shows off World's Most Advanced Driving Simulator". VR-News. 12 Oct 2012. Retrieved 2012-11-02.
7. "The Fifty Nine Story Crisis", The New Yorker, May 29, 1995 Archived October 6, 2006, at the Wayback Machine
8. Neumann, Peter G. (26 January 1987). "The Risks Digest". The Risks Digest. 4 (43).
9. O'Brien, Tim (March 6, 2000). "$70 Million Interactive Ride Set For Universal". Amusement Business. 112 (10): 1, 18.
10. Emmons, Natasha (March 5, 2001). "No expense spared to wow locals with park attractions". Amusement Business. 113 (9): 18.

External links

• • Historical business data for MTS Systems Corporation:
  • SEC filings
• Media related to MTS Systems Corporation at Wikimedia Commons