Investment Thesis for Celestica Inc. (CLS)
Celestica Inc. Overview Celestica Inc . is a Canadian multinational electronics manufacturing services (EMS) company that provides a broad range of design, manufacturing, and supply chain solutions to various industries. Headquartered in Toronto, Ontario, Celestica has a global presence with operations spanning North America, Europe, and Asia. The company is listed on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX) under the ticker symbol CLS . Founded in 1994, Celestica was originally a manufacturing division of IBM Canada. It was later spun off as an independent company and rapidly expanded its operations through a series of strategic acquisitions and organic growth. Over the years, Celestica has evolved from a contract manufacturer to a provider of comprehensive end-to-end product lifecycle solutions, encompassing design, engineering, manufacturing, and supply chain management. Celestica operates as an EMS provider, partnering with original equipment manufa