Onex Corporation operates as a diversified company whose subsidiaries operate as autonomous businesses. The company also has a non-controlling ownership interest in ResCare, a provider of residential, therapeutic, job training and education support services to people with developmental or other disabilities. The company makes private equity investments through the Onex Partners and ONCAP family of Funds. The company operates in various industries, including electronics manufacturing services, aerostructures manufacturing, healthcare, financial services, theatre exhibition, customer support services, personal care products and communications infrastructure. Segments As of December 31, 2006, the company operated its business in seven segments – Electronics Manufacturing Services; Aerostructures; Healthcare; Financial Services; Theatre Exhibition; Customer Management Services; and other businesses, including Personal Care Products, Mid-Cap Opportunities, Communications Infrastructure and Real Estate. ELECTRONICS MANUFACTURING SERVICES SEGMENT The Electronics Manufacturing Services (EMS) segment consists of the business of Celestica Inc. and its subsidiaries (Celestica). Celestica operates as the electronics manufacturing services companies for original equipment manufacturers (OEMs) worldwide. Celestica provides electronics manufacturing services to original equipment manufacturers (OEMs). Celestica operates approximately 35 facilities located in Asia, the Americas and Europe. The company has a global manufacturing network with worldwide supply chain management and offers services, including design and engineering, manufacturing and systems integration, fulfillment and after-market services. Acquisitions and Dispositions In March 2006, Celestica acquired certain assets in the Philippines from Powerwave Technologies, Inc., which operates in the telecommunications sector. In June 2006, Celestica sold its plastics injection molding business, which it had acquired as part of an EMS acquisition. Products/Operations Celestica serves OEMs across the computing, communications, aerospace and defence, industrial and consumer electronics industries. The products that Celestica manufactures would be found in various end products, including networking, wireless telecommunications and computing equipment; handheld communications devices; printers and related supplies and peripherals; storage devices; servers; medical products; audio visual equipment including LCD televisions; gaming products; aerospace and defense electronics, such as in-flight entertainment and guidance systems; and a range of industrial electronics equipment. Celestica’s electronics manufacturing services spans from product design to systems assembly, fulfillment and after-market services. In addition, Celestica launched its Green Services offering – a suite of services which helps its customers comply with or prepare for environmental legislation, including the EU’s RoHS and WEEE laws and China’s environmental legislations. Celestica holds licenses to various technologies, which were acquired in connection with acquisitions from Fujitsu-ICL, Hewlett-Packard, IBM, NEC and other companies. Competition The company’s competitors include domestic and foreign companies, such as Flextronics International; Hon Hai Precision Industry; Jabil Circuit; Sanmina-SCI; and Solectron Corporation. AEROSTRUCTURES SEGMENT The Aerostructures segment consists of the business Spirit AeroSystems, Inc. and its subsidiaries (Spirit AeroSystems). Spirit AeroSystems, Inc., the independent non-original equipment manufacturer (non-OEM) designer and manufacturer of aerostructures worldwide. Spirit AeroSystems was formed from the acquisition of the assets of The Boeing Company’s (Boeing) commercial Wichita-Tulsa division. Spirit AeroSystems operates as a Tier 1 manufacturer of aerostructures and parts for commercial aircraft. The company’s core competencies are designing and manufacturing large-scale structural components for commercial aircraft. Spirit AeroSystems’ core products include fuselage structures, nacelles (the structure that houses the engin
(OCX:Toronto Stock Exchange)
161 Bay Street
PO Box 700
Toronto, ON M5J 2S1
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