Electronics Production | March 11, 2009
Carmanah Technologies outsourcing core products to Flextronics
Carmanah Technologies is outsourcing the manufacturing for its core products to EMS provider Flextronics.
This partnership is expected to help control costs and maximize the efficiency of Carmanah Technologies supply chain, while providing a flexible infrastructure for scalable growth. As a result of the outsourcing agreement with Flextronics, the company closed its main manufacturing facility in Victoria, British Columbia. Carmanah Technologies posted a 2008 revenues of $60.6 million including a 40% increase from strategic businesses, along with a strong operating performance prior to a non-cash write down of goodwill due to market conditions.