Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Night Writer who wrote (95491)	2/27/2002 10:01:11 AM
From: Elwood P. Dowd	Respond to of 97611

Jabil Circuit To buy Scotland Plant From Compaq ST. PETERSBURG , Fla. -(Dow Jones)- Jabil Circuit Inc. (JBL) agreed to acquire the Ayr, Scotland , facility of Compaq Computer (NYSE: CPQ - news) Corp. (CPQ). Financial terms weren't disclosed. In a press release Wednesday, circuit board assemblies maker Jabil said about 240 Compaq employees in Ayr will become Jabil employees. Additional information about the employees wasn't immediately available. Jabil will acquire the building and other assets that comprise the Compaq facility, including equipment required to build, test, handle and ship the server printed circuit board assemblies made in Ayr. Jabil and Compaq plan to form a three-year supply agreement designating Jabil as the sole and exclusive manufacturer of Ayr manufactured server product subassemblies and future products. Jabil also will serve as a "strategic global supplier" to Compaq.