(October 29, 2009) COCONUT CREEK, FL — Zurvahn has formed a strategic alliance that allows Celestica to use Zurvahn’s Business Centers, enabling electronics manufacturing services customers to ramp production from Zurvahn through Celestica.
Zurvahn’s Business Centers serve OEMs with new product introduction (NPI) and low-volume/high-mix (LVHM) manufacturing services. These include engineering, prototyping, low-volume production, repair, and refurbishment services. Celestica (NYSE:CLS) provides OEMs with high-volume manufacturing services globally.
The alliance is designed to give OEMs the opportunity to do local NPI and LVHM manufacturing with Zurvahn and scale into high-volume manufacturing with Celestica anywhere in the world, said Ben Khoshnood, president, Zurvahn. Celestica posted a marginal quarterly loss in Q’03 2009, blaming restructuring charges and soft demand in a challenging and volatile environment. During the quarter, the Toronto-based company booked $42 million of restructuring costs. Read More.
For more information, visit www.zurvahn.com.
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