Jabil Circuit
 |
|
| Public | |
| Traded as | : JBL S&P 400 Component |
| Industry | Electronics Manufacturing Services |
| Founded | 1966, Detroit, Michigan, United States |
| Founder | William E. Morean and James Golden |
| Headquarters | St. Petersburg, Florida, United States |
|
Number of locations
|
23 Countries Worldwide |
|
Area served
|
Worldwide |
|
Key people
|
Mark Mondello, CEO Tim Main, Chairman of the Board William E. Peters, President William D. Muir,Jr., COO |
| Revenue |
 US$ 18.3 BillionUSD (2013) |
 US$ 511.4 MillionUSD (2013) |
|
|
US$ 371.4 MillionUSD (2013) |
|
| Total assets |
US$ 9.1 BillionUSD (2013) |
| Total equity |
US$ 2.3 BillionUSD (2013) |
|
Number of employees
|
177,000+ |
| Website | www |
Jabil Circuit, Inc. is a US based global manufacturing services company. Headquartered in St. Petersburg, Florida, it is one of the largest companies in the Tampa Bay area. Jabil has 90 facilities in 23 countries, and 175,000 employees worldwide.
The company's name derives from those of its two founders, James Golden and Bill Morean, who founded the company in 1966. Jabil was incorporated in 1969. An early product was PCBs.
In the 1980s, the company was making parts for PC companies like Dell, and this continued through the mid 1990s.
The company went public in 1993. In 1998, Jabil began trading publicly on the New York Stock Exchange under ticker symbol JBL. The company was added to the S&P 500 Index in 2001. The company was moved from the S&P 500 Index to the S&P MidCap 400 Index in 2014.
On March 1, 2013, Jabil appointed William E. Peters as President and William D. Muir, Jr. as Chief Operating Officers. Both had been with Jabil for more than 20 years. On the same day, Mark Mondello was appointed to CEO, replacing Timothy Main, who was elected Chairman of the Board of Directors. The appointments were sparked by the retirement of Board Chairman William Morean whose father founded Jabil in 1966.
The company reports on its website that it operates 90 plants in 23 different countries.
The company was moved from the S&P 500 Index to the S&P MidCap 400 Index in 2014. Jabil announced that it is closing its first European international plant in Livingston, UK in 2017. 266 employees will be losing their jobs in Livingston, UK. . Jabil layed off approximately 400 people in Sept 2016, 100 of those being corporate employees located in St. Petersburg Florida.
Jabil customers span numerous industries, including healthcare, life sciences, clean technology, instrumentation, defense, aerospace, automotive, computing, storage, consumer products, networking and telecommunications. Its services include design engineering, manufacturing and supply chain services for the EMS and consumer industries; and materials technology services (plastics, metals, automation and tooling). Jabil diversifies their business into three areas.
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Wikipedia