Toronto-based Celestica, a leader in design, manufacturing, hardware platform, and supply chain solutions for some of the world’s most innovative companies, is expanding its manufacturing operation in Richardson. The city announced an economic redevelopment agreement that will assist in transforming part of that manufacturing operation.

Celestica plans to take over 30,000 square feet of space at 2811 Telecom Parkway near part of the company’s current operations, according to a Community Impact report, which notes that per the agreement, Celestica must create 155 new jobs with an average annual salary of $67,200 at the facility, with the city paying $250,000 in three installments while Celestica must invest at least $5.5 million into its new space.

The city said the agreement builds on its role in the DFW market as a key location for related research and development of this growing sector of cutting-edge technology.

“Celestica’s growth in our community further strengthens the work we are seeing here for AI learning systems,” Richardson Mayor Bob Dubey said in a statement. “This expansion builds on the growth we’re seeing for this type of work and adds to the synergies available in Richardson for global technological innovators like Celestica.”

Spotlight on tech, jobs, and growth

Celestica said the Richardson facility is expanding to produce highly complex equipment with applications across multiple industries and that the process will create new manufacturing, supply chain, and engineering employment opportunities within the Richardson community.

The city said it is committed to supporting such initiatives, which drive economic growth and technological advancement.

“Richardson has proven to be a great location for us to expand to meet unique customer demands,” Robert Paiva, general manager, Richardson Operation, Celestica, said in a statement. “Between its educational advantages and built-in infrastructure, we’re excited about growing in the community and benefiting from the competitive advantages this location offers.”

City Manager Don Magner congratulated Celestica on its growth in the city.

“This addition to our ecosystem of innovation enhances our target industries and strengthens key initiatives that are part of our overall economic development strategy,” Magner said.

Richardson is the home of the Richardson Innovation Quarter, or The IQ. The city said that it is recognized for its commitment to excellence, its rich tech-based history and its bright future, all of which the make Richardson a smart choice for residents and businesses.

Get on the list.
Dallas Innovates, every day.

Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.