MISSISSAUGA, ON – Some 330 staff at Honeywell Aerospace will now wear Celestica badges after Honeywell subcontracted management of several product lines at its plant here to the EMS company.
TORONTO -- Celestica said first-quarter revenue was $1.299 billion, down 1% year-over-year.
SAN JOSE, CA – Sanmina reported fiscal second quarter revenue ended Mar. 28 of $1.53 billion, up 3.4% year-over-year and down 8.4% sequentially.
HOUSTON – A 24-count indictment has been unsealed charging four corporations and five individuals with facilitating the illegal export of high-tech microelectronics, uninterruptible power supplies and other commodities to Iran in violation of the International Emergency Economic Powers Act.
TORONTO -- Celestica has reached a $30 million settlement with shareholders over alleged securities fraud.
SON, THE NETHERLANDS – Neways Electronics recorded first quarter revenue of $103.3 million, up 41% year-over-year.