MTS Systems Corporation
{{Short description|Global Supplier of Test Systems Corporation}}
{{Infobox company
| name = MTS Systems Corporation
| logo = MTS Systems Corporation logo.svg
| type = Subsidiary
| traded_as = {{NASDAQ was|MTSC}}
| key_people =
| industry = Scientific & Technical Instruments
| products = Testing hardware, Sensing hardware
| operating_income = {{up}}$65.172 million USD (2019)
| revenue = {{up}}$778.032 million USD (2019)
| net_income = {{up}} $61.328 million USD (2019)
| assets = {{up}} 1.139 billion USD (2019)
| num_employees = 3,500
| parent = Illinois Tool Works
| homepage = {{URL|www.mts.com}}
| footnotes = {{cite web|url=https://www.sec.gov/Archives/edgar/data/68709/000006870920000047/0000068709-20-000047.txt|title=FORM 10-K}}
| company_slogan =
| foundation = {{start date and age|1966}}, in Eden Prairie, Minnesota
| location = Eden Prairie, Minnesota
}}
MTS Systems Corporation (MTS) is a supplier of test systems and industrial position sensors. 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, load frames, hydraulic actuators and sensors. The company operates in two divisions: Test and Sensors.
In December 2020, Amphenol Corporation announced it had reached an agreement to acquire MTS in an acquisition completed on April 7, 2021.{{cite web | url=https://www.bizjournals.com/twincities/news/2020/12/09/mts-systems-acquistion-amphenol.html | title=MTS Systems acquired by cable manufacturer for $1.7 billion, stock soars | date=9 December 2020 | access-date=23 March 2021 | author=Jones, Carter | work=Minneapolis / St. Paul Business Journal}}{{cite news | url=https://www.businesswire.com/news/home/20210407005685/en/Amphenol-Completes-Acquisition-of-MTS-Systems | title= Amphenol Completes Acquisition of MTS Systems | date=7 April 2021 | access-date=8 April 2021 | work=Businesswire}} In January 2021, ITW announced it had in turn reached an agreement to acquire the test and simulation business of MTS from Amphenol in the future.{{cite press release | url=https://www.globenewswire.com/news-release/2021/01/19/2160580/0/en/ITW-to-Acquire-MTS-Test-Simulation-Business-From-Amphenol.html | title=ITW to Acquire MTS Test & Simulation Business From Amphenol | date=19 January 2021 | access-date=23 March 2021 | work=globenewswire.com}}
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."http://www.wset.com/story/19907077/new-center-showcasing-advanced-tire-testing-machine ["New Center Showcasing Advanced Tire Testing Machine"]
- State-of-the-art 360-degree driving simulator. Commonly referred to as "The World's Most Advanced Driving Simulator"{{cite news | title = Lexus shows off World's Most Advanced Driving Simulator | date = 12 Oct 2012 | url = http://www.vr-news.com/2010/10/12/lexus-shows-off-worlds-most-advanced-driving-simulator/ | work = VR-News | access-date = 2012-11-02}}
- First of its kind tuned mass damper for Citigroup Center[http://www.duke.edu/~hpgavin/ce131/citicorp1.htm "The Fifty Nine Story Crisis", The New Yorker, May 29, 1995] {{webarchive|url=https://web.archive.org/web/20061006133503/http://www.duke.edu/~hpgavin/ce131/citicorp1.htm |date=October 6, 2006 }} in New York City and John Hancock Tower{{cite journal|url=http://catless.ncl.ac.uk/Risks/4.43.html|title=The Risks Digest|first=Peter G.|last=Neumann|journal=The Risks Digest|date=26 January 1987 |volume=4 |issue=43 }} in Boston.
- Designed the AWD Slot-Car ride system for Walt Disney Imagineering’s Enhanced motion vehicle ride system.{{fact|date=June 2021}}
- 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;{{cite journal|last=O'Brien|first=Tim|title=$70 Million Interactive Ride Set For Universal|journal=Amusement Business|date=March 6, 2000|volume=112|issue=10|pages=1, 18}}{{cite journal|last=Emmons|first=Natasha|title=No expense spared to wow locals with park attractions|journal=Amusement Business|date=March 5, 2001|volume=113|issue=9|page=18}} as well as the dinosaurs at Islands of Adventure's Jurassic Park River Adventure.
References
{{Reflist}}
External links
{{Finance links historical
| name = MTS Systems Corporation
| sec_cik = 68709
}}
- {{Commonscat-inline|MTS Systems Corporation}}
{{Authority control}}
Category:American companies established in 1967
Category:Electronics companies of the United States
Category:Manufacturing companies based in Minnesota
Category:Companies based in Eden Prairie, Minnesota
Category:Companies formerly listed on the Nasdaq
Category:Electronics companies established in 1967
Category:1967 establishments in Minnesota