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Jabil
Jabil is a St. Petersburg-based manufacturing partner to Apple, Amazon, and Johnson & Johnson with 100+ factories and $28.4B in revenue.
Jabil
Jabil was founded in 1966 by William Morean and James Golden as a Detroit-based electronics repair shop, later relocating to St. Petersburg, Florida. The company went public in 1993 and has since evolved into one of the world's largest contract manufacturers, alongside peers like Foxconn and Flex. Its scale now encompasses advanced assembly, precision machining, plastics, and aftermarket services with a blue-chip client list that includes Apple, Johnson & Johnson, and Amazon. Jabil's manufacturing strategy operates across five primary segments: electronics manufacturing services (EMS), diversified manufacturing services (DMS), healthcare, automotive, and connected devices. The firm builds components and finished goods for electric vehicle makers, administers Class III medical device production through its Nypro healthcare division, and operates additive manufacturing centers for aerospace and defense clients. Its capital deployment flows into factory automation, collaborative robotics, and proprietary supply chain software — a capex approach that routinely exceeds $1 billion annually. Geographic production spans China, Malaysia, Mexico, the United States, and Central Europe, with recent capacity additions in Eastern Europe and Southeast Asia to manage tariff and logistics risk. Jabil employs approximately 236,000 people globally (per the firm's 2024 annual report). In May 2024, Michael Dastoor was named CEO after serving as CFO, continuing a pattern of financial-operational hybrid leadership at the firm. The company also maintains Jabil Healthcare and Jabil Green Point as dedicated verticals, alongside a significant investment arm through Jabil Ventures, which takes minority positions in additive manufacturing, artificial intelligence, and advanced materials startups. Jabil's structural differentiator is vertical integration by architecture, not by brand. Unlike product companies that manufacture in order to sell, Jabil sells the manufacturing itself — its factories and engineering talent are a shared resource across competing technology firms. The same Malaysian assembly line might produce insulin pumps, cloud server racks, and electric vehicle charging components in sequence, a scheduling and quality control competency built over five decades.
General information
Firm type
Asset Manager
Year founded
1966
AUM
Undisclosed
Location
Region
North America
Country
United States
City
St. Petersburg
Corporate office
St. Petersburg, FL, United States
Principals
Michael Dastoor
CEO
Sector focus
Frequently asked questions
What does Jabil actually manufacture?
Jabil manufactures a broad range of electronic and mechanical products on behalf of other companies, from smartphone components and server racks to Class III medical devices and electric vehicle parts. Its healthcare division, Nypro, holds regulatory certifications to produce FDA-regulated devices including insulin delivery systems and diagnostic equipment. The firm also injection-molds precision plastics for consumer and automotive applications.
How does Jabil differ from Foxconn or Flex?
Jabil differentiates through its diversified manufacturing services (DMS) segment, which focuses on high-complexity, lower-volume production in healthcare, automotive, and aerospace — verticals where regulatory moats and engineering requirements are higher than consumer electronics alone. While Foxconn's concentration remains heavily tied to Apple's iPhone assembly, Jabil spreads its revenue across 400-plus customers and regularly rotates factory capacity between industries based on demand cycles.
Who are Jabil's largest customers?
Jabil's largest customers are major technology and healthcare companies including Apple, Amazon, Johnson & Johnson, and various electric vehicle manufacturers. The company periodically discloses the percentage of revenue tied to its largest accounts, with Apple typically representing a significant but not dominant share relative to peers. Specific client work is often governed by nondisclosure agreements due to competitive sensitivity.
How significant is Jabil as a publicly traded company?
Jabil trades on the New York Stock Exchange under ticker JBL and is a Fortune 500 company with roughly $28.4 billion in annual revenue as of fiscal 2024. Its market capitalization has fluctuated between $10 and $15 billion in recent years. The company ranks among the three largest electronics contract manufacturers globally by revenue alongside Hon Hai (Foxconn) and Flex.
Does Jabil make venture capital investments?
Yes, through Jabil Ventures the company takes minority equity stakes in startups working on additive manufacturing, collaborative robotics, artificial intelligence for supply chain optimization, and advanced materials. The goal is typically strategic rather than purely financial — Jabil gains early access to technology that can be integrated into its factory operations or offered to client programs.
What is Jabil's geographic manufacturing footprint?
Jabil operates over 100 manufacturing sites across more than 30 countries, with concentrated capacity in China, Malaysia, Mexico, the United States, and Central Europe. In recent years the firm has added or expanded facilities in Eastern Europe and Southeast Asia as part of a broader supply chain diversification strategy, driven by customer demand for regional production hubs that manage tariff exposure and logistics risk.
What is the ownership structure of Jabil?
Jabil is a public company with no single controlling family or majority shareholder. Institutional investors hold the largest blocks of common stock. The firm's origins trace to a private repair business founded in Detroit, but it has been broadly held since its 1993 IPO.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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