Setpoint Systems Wins Tesla Motors

Ogden, Utah-based Setpoint Systems, a designer and manufacturer of lean automation and manufacturing equipment systems, reports today that it has scored a contract with high flying, electric auto firm Tesla Motors. Setpoint did not disclose financial details of the win. The firm said that, under the terms of its contract, it will design and manufacture prototype automatic systems for several manufacturing processes required in producing Tesla's electric vehicle components. Setpoint is headed by Brad Angus.