SI
SI
discoversearch

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 : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?


To: Karim Allana who wrote (4737)12/7/1998 2:53:00 PM
From: Frank Drumond  Read Replies (1) | Respond to of 6317
 
This announcement is what we like to hear....need to expand production capabilities.

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Dec. 4, 1998--Jabil Circuit, Inc. (NYSE:JBL) today announced plans to increase its current Guadalajara, Mexico manufacturing operation by 120,000 square feet.

Construction will begin immediately. Jabil's current 150,000 square foot Mexican facility opened in November 1997.

"We are seeing a strong demand for additional North American capacity, especially in areas that provide access to low-cost manufacturing," said Wesley "Butch" Edwards, Senior Vice President, Operations. "Doubling the size of our Mexico facility is an indication of the strength of both current and new business opportunities in Mexico."