HIGH-TECH
EMS Companies
World’s Most Productive Companies
EMS Companies
EMS Companies build electronics for OEMs across industries. Productivity has surged on AI-server and data-center demand, scale, and a shift toward higher-value manufacturing and design services.
The group was about flat in 2025, sitting about 41% above its 2019 baseline. Celestica, Benchmark Electronics and Flex led as World’s Most Productive Companies. Gains were concentrated in the leaders, with most of the group giving back ground.

EMS Companies World's Most Productive Companies
Productivity Snapshot
- EMS Companies ranks second of eight High Tech peer groups in 2025, at an Industrial Productivity Index of 1.41, about 41% above its 2019 baseline.
- 1 of 8 companies grew productivity in 2025.
- They are the group’s World’s Most Productive Companies: Celestica (1.46), Benchmark Electronics (1.45), Flex (1.41).
- The group sits far above its 2019 baseline after a multi-year surge, even as it consolidated modestly in 2025.
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