06/23/2014 02:48 EDT | Updated 08/23/2014 05:59 EDT

Celestica to lead new Canadian advanced manufacturing research network

TORONTO - Celestica Inc. (TSX:CLS) is the lead partner in a new 25-member manufacturing research network that has been awarded $7.7 million over five years under a federal initiative. Celestica, a Toronto-based company with electronics manufacturing plants around the world, is joining network partners — including U.S. telecom equipment giant Cisco Systems, other companies and several universities — in efforts to get innovative Canadian products to market faster.