Press release from CNW Group
Celestica Recognized as Canadian Manufacturer of the Year
Tuesday, July 05, 2011
TORONTO, July 5, 2011 /CNW/ - Celestica Inc. (NYSE: CLS), (TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, is pleased to announce that it has been awarded Canadian Manufacturer of the Year by Canadian Manufacturers and Exporters (CME).
The Manufacturer of the Year Award recognizes companies for achieving a fully integrated national and international manufacturing network, as well as demonstrating continuous improvement, strong leadership, and a commitment to sustainability and serving its community.
In the competitive technology marketplace, Celestica is expanding its business in areas such as design, engineering and supply chain services and is investing in diversified markets that include industrial, healthcare and green technology. At the same time, the company is focused on speed and flexibility, as well as driving increased productivity and responsiveness through information technology.
"Celestica has taken innovation in the new economy to the next level," said Jayson Myers, President and CEO, CME. "Its model, focused on agility to solve the challenges of its customers, is the new benchmark for all companies around the globe. We need more innovative companies like Celestica - companies with Canadian vision and global excellence. CME congratulates Celestica for being a Canadian manufacturer and global leader."
"This award is emblematic of how Celestica has responded to the rapidly changing marketplace, both in Toronto and around the globe," said Mike Andrade, Senior Vice President, Diversified Markets, Celestica. "We are shifting away from pure manufacturing to managing the global supply chain of complex technological products. This enables us to proactively deliver solutions that solve our customers' challenges and accelerate their success."
Celestica was also recognized for its commitment to sustainability and for supporting its local communities in Asia, Europe and North America. For example, in Toronto, Celestica was recognized by the United Way of Toronto with the Corporate Support Award based on its exceptional commitment to United Way Toronto. In addition, Celestica was named to Canada's Green 30, an annual list based on Aon Hewitt's Employee Green Index.
About Celestica
Celestica is dedicated to delivering end-to-end product lifecycle
solutions to drive our customers' success. Through our simplified
global operations network and information technology platform, we are
solid partners who deliver informed, flexible solutions that enable our
customers to succeed in the markets they serve. Committed to providing
a truly differentiated customer experience, our agile and adaptive
employees share a proud history of demonstrated expertise and
creativity that provides our customers with the ability to overcome any
challenge.
For further information on Celestica, visit www.celestica.com.
The company's security filings can also be accessed at www.sedar.com and www.sec.gov.
Celestica Safe Harbour and Fair Disclosure Statement
This news release contains forward-looking statements related to our
future growth, trends in our industry, our financial and or operational
results, and our financial or operational performance. Such
forward-looking statements are predictive in nature, and may be based
on current expectations, forecasts or assumptions involving risks and
uncertainties that could cause actual outcomes and results to differ
materially from the forward-looking statements themselves. Such
forward-looking statements may, without limitation, be preceded by,
followed by, or include words such as "believes," "expects,"
"anticipates," "estimates," "intends," "plans," or similar expressions,
or may employ such future or conditional verbs as "may", "will",
"should," or "would," or may otherwise be indicated as forward-looking
statements by grammatical construction, phrasing or context. The risks
and uncertainties referred to above include, but are not limited to:
variability of operating results among periods; inability to retain or
grow our business due to execution problems resulting from significant
headcount reductions, plant closures and product transfer associated
with major restructuring activities; the effects of price competition
and other business and competitive factors generally affecting the EMS
industry; the challenges of effectively managing our operations during
uncertain economic conditions; our dependence on a limited number of
customers; our dependence on industries affected by rapid technological
change; the challenge of responding to lower-than-expected customer
demand; our ability to successfully manage our international
operations; and delays in the delivery and/or general availability of
various components used in the manufacturing process. These and other
risks and uncertainties and factors are discussed in the Company's
various public filings at www.sedar.com and www.sec.gov, including our
Form 20-F and subsequent reports on Form 6-K filed with the Securities
and Exchange Commission.
We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For further information:
Media Contact:
Pam White
Celestica Global Communications
Phone: 416-448-2200
Email: pamw@celestica.com
