Celestica To Receive AS9100C Certification To Manufacture For Aerospace Industry In China
TORONTO, Aug. 9, 2011 /PRNewswire/ - Celestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced that it has successfully completed its audit and has received recommendation for AS9100C certification at its Suzhou, China facility.
AS9100C outlines global standards for best practices that meet the unique and complex requirements of the aerospace industry. It requires strict adherence to quality and reliability standards in aerospace, and documentation of procedures, rigorous quality measurements and corrective actions to drive consistency in mission-critical products.
"The upcoming AS9100C certification at our Suzhou Center of Excellence further extends Celestica's aerospace capabilities, enabling us to provide our customers with high quality, cost-competitive design and manufacturing services in the China region," said Michael J. McGuire, Vice President, Aerospace and Defense, Celestica. "This milestone builds on Celestica's established track record of providing its aerospace customers with regulatory and compliance expertise, as well as the industry leading standards for quality and reliability that are essential to meeting AS9100C compliance."
The Suzhou facility will join Celestica's four additional AS9100-certified centers of excellence in Toronto, Canada; Austin, Texas; Valencia, Spain; and Kulim, Malaysia.
The successful audit for AS9100C certification of Celestica's Suzhou manufacturing facility also reflects the company's continued leadership and capability in the aerospace and defense industry. In 2009, Frost and Sullivan analyzed the top electronics manufacturing services (EMS) providers in the North American market in its report, World EMS Provider Market in the Aerospace and Defense Industry. Celestica emerged as the clear leader with the highest market share.* Celestica is fully qualified to meet the rigorous standards of the aerospace and defense industry: ITAR ( USA), CGP ( Canada), ISO 9001:2000, AS9100, AS9110, J- STD-001/ IPC 610C level 3, ANSI/ESD S20:20, J- STD-001 / IPC 610D level 3, and Nadcap. 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. Celestica Aerospace Technologies Corporation, an indirect wholly owned subsidiary of Celestica, is a U.S. company providing high-mix low-volume electronics manufacturing and supply chain services to the aerospace and defense industries. Through our Centers of Excellence, we provide manufacturing solutions capability in the Americas, Europe and Asia. We are committed to lowering costs and enhancing the competitive performance of aerospace and defense companies through a broad range of technology services - including the design, engineering, manufacture and support of high-reliability electronics systems that provide operational control, monitoring, communications, and information superiority in rigorous military and aerospace environments. For further information on Celestica, visit www.celestica.com. * In a Frost and Sullivan report (2009), World EMS Provider Market in the Aerospace and Defense Industry, Celestica emerged as the EMS provider with the highest market share in the aerospace and defense market in 2008. The market share analysis included the top 5 EMS providers in the aerospace and defense market, which accounts for 25.9% of the total North American market. Celestica gained the highest market share of 7.7%. 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; delays in the delivery and/or general availability of various components used in the manufacturing process; and the ability to maintain required certifications. 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. SOURCE Celestica Inc.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
