Celestica launches renovated manufacturing facility in Thailand
The 55,972 sq. ft. Building 4 produces optical transport products for AI-driven data centers, completing the renovation in four months.
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Technology design, engineering, manufacturing, and supply chain solutions provider
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In short: Celestica achieved record Q2 2026 revenue of $4.7 billion and completed a $3.45 billion equity offering to support AI-driven demand.
The 55,972 sq. ft. Building 4 produces optical transport products for AI-driven data centers, completing the renovation in four months.
Chawla becomes Group President while Ankenmann succeeds him as CFO, effective October 1, 2026.
The offering comprised 11,129,031 shares including underwriters' option, generating gross proceeds of approximately $3.45 billion; net proceeds will fund working capital and capital expenditures.
Proceeds will fund capital expenditures and working capital to support multi-year AI infrastructure demand, with underwriters BofA Securities, Citigroup, and TD Securities.
Celestica stock rises 5.74% as the company names Mandeep Chawla Group President and appoints Todd Ankenmann CFO to support sustained global market growth.
Celestica (CLS) is up 6.2% today. Here is some analysis on what might have caused this price movement.
Celestica boosts 2026 outlook to $20.5B revenue and $11.30 EPS as AI infrastructure ramps drive margins—learn key catalysts, risks, and what to watch.
Growth across the Connectivity & Cloud Solutions (CCS) and Advanced Technology Solutions (ATS) segments increased revenue to USD 8.8bn in H1 26 from USD 5.5bn...
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