News
SAN JOSE – March orders at North America-based semiconductor equipment manufacturers rose 21.6% over last year to $1.62 billion, SEMI said.
TORONTO -- Celestica will add 400 workers to its local workforce to meet higher demand, the company said yesterday.
SHANGHAI – Jabil Defense and Aerospace Services today said it intends to offer aerospace customers manufacturing services here in 2011.
The facilities will offer aerospace electronic design and secure manufacturing services, rapid prototyping, compressed timelines for design-to-market production, and customer-focused work cells.
AS 9100 and NADCAP certifications are expected before the end of 2011.
NEENAH, WI – Contract manufacturer Plexus Corp. reported record fiscal second-quarter revenue of $568 million, up 15.7% compared to the same period in 2010.
TORONTO – Celestica reported first-quarter revenue of $1.8 billion, up 18.4% year-over-year, within company guidance.
TORONTO – Celestica said it has agreed to acquire the semiconductor equipment contract manufacturing operations of Brooks Automation for approximately $80 million.
Brooks Automation specializes in manufacturing mechanical equipment and providing systems integration services for semiconductor equipment manufacturers. Capabilities include the production of equipment frontend modules for wafer handling and transportation, vacuum transfer modules and sub-systems for semiconductor capital equipment OEMs.
The business generated revenue of approximately $135 million for the six months ended Mar. 31, and currently employs approximately 450 people.
The purchase will be financed from either Celestica’s credit facility or from cash on hand. The closing date is anticipated to be in the second quarter. The operations' senior management team and employees will join Celestica upon completion of the agreement.
No other financial terms of the agreement were disclosed.
