Sale includes corporate headquarters and manufacturing operations.
Takes over from Craig Muhlhauser, who will remain as an adviser to the board of directors through the end of December.
Announces weaker Q1 profit, net income drops 47%.
Muhlhauser, the Toronto-based electronics manufacturer’s CEO, plans retirement.
Facility will accelerate prototyping and commercialization of miniaturized electronics products.
Federal funding is part of an Industry Canada plan to provide seed money for business-led centres of excellence.
After losing its contract with Blackberry, the company is diversifying its customer base.
Contract electronics manufacturer reports strong demand in communications, storage markets.
Electronics manufacturer reports $7.2 million in profits in Q4, down from $69.2 in the same period a year ago.
Working with the Blackberry maker to reassess supply chain strategy
Four Canadian manufacturers have demonstrated they have what it takes to compete in the global marketplace: all are winners of this year’s CME Canadian Innovation Awards.
Company plans to restructure and diversify customer base
The deal extends Celestica’s market reach