Celestica Inc. is a Canada-based company operating in the technology sector, within the electronics manufacturing services (EMS) industry. The company specializes in providing design, engineering, manufacturing and supply-chain solutions for global clients across technology, communications, aerospace, defense, healthcare, energy and industrial markets.
Originally developed from IBM Canada’s internal manufacturing operations, Celestica emerged as an independent entity to meet the growing demand for highly specialized outsourced production services, offering scalability, operational efficiency and global supply-chain expertise.
Celestica’s portfolio includes hardware design services, product engineering, electronic assembly, advanced testing, complex-system integration, after-market services, supply-chain management, logistics and strategic planning solutions.
The company supports the production of servers, networking equipment, industrial systems, aerospace components, renewable-energy technologies, medical devices and high-performance computing solutions. Its operating model combines specialized engineering with large-scale manufacturing capabilities and integrated global delivery frameworks.
The company operates across North America, Europe and Asia, with manufacturing plants and engineering centers positioned in strategic locations to support multinational customers. Its operational structure includes automated production lines, system-integration facilities, engineering hubs, certified environments for regulated industries and partnerships with global suppliers.
Celestica relies on long-term contracts and deep technical collaboration to serve clients requiring precision, reliability and full-lifecycle support.
Market factors influencing operations include digital industrialization, investment cycles in technology infrastructure, demand for computing and networking equipment, volatility in component supply chains, energy-transition technologies, competition among global EMS providers and cost pressures associated with logistics, semiconductors and regulatory compliance.
The company focuses on process innovation, customer diversification and expansion of high-value-added services to maintain competitiveness.
Celestica Inc.’s shares are traded on the New York Stock Exchange (NYSE) under the ticker CLS.
History and when Celestica Inc. was founded
Celestica’s origins trace back to IBM’s Canadian operations in the 1960s and 1970s, which supported the company’s internal manufacturing needs. In 1994, IBM reorganized part of its manufacturing structure into a separate enterprise, forming the basis for what would become Celestica Inc.
This transition occurred amid a global shift toward outsourced manufacturing, as technology companies pursued flexible production models and focused more heavily on product development.
In the late 1990s, Celestica expanded aggressively through acquisitions of manufacturing operations from multiple technology firms. Its initial public offering (IPO) in 1998 enabled investments in production capacity, engineering capabilities and international expansion. By the early 2000s, Celestica had established itself as one of the leading EMS providers worldwide.
Throughout the 2000s, the company underwent strategic restructuring to align with shifts in the global electronics market. These changes included portfolio adjustments, consolidation of manufacturing sites and a shift toward higher-value, complex solutions, including aerospace, defense and healthcare technologies. This repositioning enabled Celestica to transition from a volume-driven model to one focused on technical sophistication and quality.
Between 2020 and 2024, Celestica expanded into high-performance computing, renewable-energy solutions, digital infrastructure and advanced industrial systems. The company invested in automation, process digitalization, engineering expansion and new strategic partnerships.
Despite global supply-chain disruptions, Celestica strengthened its competitive position by leveraging operational flexibility, diversified market exposure and technical depth.
Additional Information
The Company Celestica Inc. (United States), is listed on Nasdaq with a market value of $ 36.06 Billions, having an equity of $ 2.03 Billions.
The Company is listedthe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 11.28 Billions, which generated a profit in the amount of $ 716.70 Millions.
As for its main indicators, the Company has a P/E ratio of 50.32, a P/BV ratio of 17.78 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker CLS.