Jabil Inc. (JBL) is an American worldwide manufacturing services company. Its primary business operations include designing, manufacturing, and providing supply chain management services for a wide array of consumer, enterprise, and industrial end-markets. Founded in 1966 and headquartered in St. Petersburg, Florida, Jabil is one of the largest companies in the Tampa Bay area.
The company operates over 100 facilities in more than 30 countries. With a diversified customer base spanning over numerous sectors, Jabil has over 200,000 employees worldwide. The company's name is a combination of those of its two founders, James Golden and Bill Morean, who invested $600 to start the company in Detroit, Michigan.
Despite its origins as a circuit board manufacturer, Jabil has significantly expanded its business to become a global solutions provider. It now manufactures electronics and cybernetics and designs products for top-tier brands while maintaining its supply chain and providing engineering services. As a leading tech manufacturer, it has a client list that includes formidable tech companies such as Apple, and it produces items including household goods, medical devices, and automotive electronics.
Some of JBL’s incredible work includes manufacturing for HP’s multi-jet fusion 3D printers, pharmaceutical delivery systems, and smart meters for Siemens. The company also plays a significant role in contributing to recycled plastic waste reduction by using the excess plastic waste to manufacture new ink cartridges.
Over the years, Jabil has developed a reputation for providing high-quality products and continually working to innovate. For example, Jabil has embarked on digital manufacturing, investing in technologies such as robotic automation, machine learning, and big data analytics to streamline the production process and create high-quality and high-efficiency products.
Moreover, the company also promotes sustainable business practices and corporate social responsibility. It was named among the Ethisphere Institute's "World’s Most Ethical Companies" for 12 consecutive years.
Financially, Jabil Inc. reported strong annual growth in sales and earnings in recent years. The company recorded US $27.3 billion in revenue for fiscal year 2020.
Priding itself on diversity and equality, Jabil is a company dedicated to fostering a global and inclusive work environment. With its rich history, expansive reach and commitment to innovation, Jabil Inc. remains a significant player in the global manufacturing and supply chain industry.