Celestica Inc. (NYSE:CLS) is one of the best Canadian stocks to invest in according to billionaires.
On May 13, Celestica announced plans to establish a major new operational campus in AllianceTexas, located in Fort Worth, Texas
This expansion is designed to scale the company’s manufacturing footprint to meet the surging global demand for next-generation data center infrastructure and advanced technology solutions. The facility will be a central component of the company’s long-term growth strategy within the region. Once fully operational, the new campus will span over one million square feet of dedicated manufacturing and engineering space.
The project is expected to generate ~1,700 full-time, highly skilled positions in areas such as manufacturing, engineering, supply chain management, and quality assurance. Chief Operations Officer Yann Etienvre stated that the investment aligns with the company’s need to support client roadmaps and multi-year infrastructure projects with US-based capabilities. This Fort Worth expansion serves as a key pillar in Celestica Inc.’s (NYSE:CLS) broader initiative to support its engineering talent and operational capacity for the future of the advanced technology sector. photo by Business-laptop-campaign-creators on Unsplash Celestica Inc. (NYSE:CLS) is a supply chain solutions provider across North America, Asia, and globally.