Jabil Circuit

from Wikipedia, the free encyclopedia
Jabil Circuit Inc.

logo
legal form Incorporated
ISIN US4663131039
founding 1966
Seat Saint Petersburg , Florida , United States
management Mark Mondello, CEO
Tim Main, Chairman of the Board
William Peters, President
Number of employees 161,000 (2015)
sales $ 17.9 billion ( FY 2015)
Branch electronics
Website www.jabil.com
As of September 12, 2016

Jabil Circuit Inc. is a US contract manufacturer for electronics. With sales of 17.9 billion USD (15 billion euros ) in fiscal year 2015, one of the largest companies in the electronics manufacturing ( EMS in the world).

history

Jabil Circuit was founded in Detroit in 1966 by James Golden and Bill Morean as a repair company and manufacturer of printed circuit boards . The company name is based on the first letters of the two founders (Ja & Bil), as well as the English word for electrical circuits , circuit . Business was sluggish at first and the company had sales of less than $ 50,000 a year. In 1979, however, Jabil was able to suddenly improve its sales with a large order from the American car manufacturer General Motors . Production was transformed from predominantly manual work more and more towards factory automation .

In 1982, the company's headquarters were relocated from Detroit to Saint Petersburg in the US state of Florida . This step was completed after Jabil received a major order from IBM , which has a location in the Florida city of Boca Raton . Sales at this point were approximately USD 100 million. During the 1980s, the company also underwent a change and specialized entirely in the business as an original equipment manufacturer in the electronics manufacturing services sector . As such, Jabil produced assemblies for well-known manufacturers, but also designed and tested some of them themselves.

In 1993 the company went public on the New York Stock Exchange .

Business areas

Today Jabil Circuit is a provider of EMS and offers the design , production and product management for electronic components in this area . Its main customers include companies from the aerospace , automotive and defense industries .

Web links

Individual evidence

  1. Annual Report 2015 ( Memento of the original from September 16, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. at shareholder.com, accessed September 11, 2016.  @1@ 2Template: Webachiv / IABot / jbl.client.shareholder.com
  2. ^ History of Jabil Circuit, Inc. at fundinguniverse.com, accessed September 12, 2016.
  3. Jabil Circuit Inc (JBL) Company Profile (English) on reuters.com, accessed on September 12, 2016.