# Celestica acquires Karel Manufacturing assets for aerospace capabilities

Celestica completed the purchase of business assets of Lorenz, Inc. and Suntek Manufacturing Technologies (Karel Manufacturing), gaining manufacturing assets in Mexicali, Mexico and Calexico, California, and adding aerospace and defense capabilities.

- Type: Acquisition
- Announced: 2016-11-22
- Where: Mexicali, Mexico and Calexico, California, Mexico
- Jobs: 400
- Status: completed
- Products: wire harness assembly, systems integration, sheet metal fabrication, welding, machining
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Celestica](https://endata.com/companies/23561.md) (acquirer)
- [Karel Manufacturing](https://endata.com/companies/23562.md) (target)

## Sources

- [corporate.celestica.com](https://corporate.celestica.com/news-releases/news-release-details/celestica-expands-capabilities-aerospace-market-through-asset), 2017-04-12: "This acquisition supports our strategy to accelerate our growth in key markets through the addition of value-added capabilities and services."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.