Jabil
Circuit
Provides electronic
manufacturing services.
Headquarters:
10560 Dr. Martin Luther King Jr. St. North
St. Petersburg, FL 33716
Employees: 85,000
CEO: Timothy Main
Stock Symbol: JBL
Website:
http://www.jabil.com
Career
Site
Jabil Circult provides electronic design,
manufacturing and repair services for clients around the world.
Jabil is involved in the entire process from design and testing,
repairs and returns, to assembly and fulfillment.
Jabil can make products for consumers and
businesses including microwave ovens, CD players, digital cameras,
display products, VCRs, routers, switches, and automotive parts.
Companies who rely on Jabil include Cisco
Systems, Hewlett-Packard, L-3 Communications and Philips. Jabil
serves industries including aerospace, defense, telecommunications,
computing and storage, networking and peripherals.
Jabil has over 55 design, manufacturing and repair facilities in 22 countries.
In response to the on-going global economic slowdown, Jabil plans to cut its manufacturing capacity in certain areas and to shrink its worldwide workforce of 85,000 by approximately 3,000. Jabil said the restructuring will appropriately align its manufacturing sites with the Company's current customer demand outlook and increase operational efficiencies. Approximately 10 global plant sites will be impacted, and approximately 10 percent of the headcount reductions will take place in the United States.
The copany reported revenues of $12.8 billion in 2008 and net earnings of $231 million.
History
Jabil is founded in 1966 by William Morean
and James Golden in Detroit, MI. Jabil's earliest
work was the manual assembly of replacement circuit boards for
Control Data. The name Jabil originated with the founders'
first names, a combination of James and Bill.
In 1976, Jabil wins a large contract with
General Motors by developing a customized, highly automated production
process. The project is one of the first turnkey projects in
the country and establishes the company as a major player in
the EMS industry.
In 1982, Jabil would build a new manufacturing
facility and headquarters in St. Petersburg, FL.
Benefits
Profit Sharing
Employees are the reason for our
success. We share that success through Jabil's Profit Sharing
Plan.
Stock Ownership
Qualified employees have the opportunity to own a part of
what they build with the Stock Purchase Plan.
Business Traveler Assistance
Jabil provides continued support to our business travelers and
international employees with an SOS program. It offers worldwide
emergency assistance 24 hours a day, 365 days a year.
Educational Assistance
Jabil encourages education and provides financial support for
degree-seeking employees. Financial support consists of
up to 100 percent tuition reimbursement for approved courses.
Updated January 31, 2009
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