Celestica Manufactures Ventilator Components for Medtronic in Response to the COVID-19 Pandemic
Celestica, Inc. (CLS)
Last celestica, inc. earnings: 4/29 07:00 am
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Source: GlobeNewswire
TORONTO, April 23, 2020 (GLOBE NEWSWIRE) -- Celestica Inc. (NYSE, TSX: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, today announced it is collaborating with Medtronic, one of the world's largest medical technology, services and solutions companies, to produce subassemblies for Medtronic Puritan Bennett™ 980 (PB980) ventilators. High-performance ventilators like the PB980 are primarily designed for critically ill patients in high acuity settings and play a crucial role in the management of patients with severe respiratory illness, such as COVID-19, who require assistance because they cannot breathe effectively. Production will begin this month. “We are committed to supporting Medtronic with critical manufacturing and supply chain support for high grade ventilators that are in urgent demand for COVID-19 patient care,” said Kevin Walsh, Vice President, HealthTech, Celestica. “This agreement takes our decade-long collabo
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