Jabil Expands Digital Commerce Capabilities At Center Of Manufacturing Excellence In Chihuahua, Mexico
Portfolio Pulse from Benzinga Newsdesk
Jabil Inc. (NYSE:JBL) has expanded its digital commerce capabilities with a new center of excellence in Chihuahua, Mexico. This third plant in Chihuahua, the fifth in the region, offers over one-million square feet of production capacity. The expansion supports nearshoring and access to advanced technologies like AI and robotics. Jabil's retail industry leadership is reinforced through collaborations with companies like Ocado, Revolut, SumUp, and VusionGroup. Jabil will showcase its innovations at NRF'24. The expansion benefits customers like Ocado by scaling the manufacturing of its Series 600 robot and VusionGroup by increasing production of ESL tags.
January 15, 2024 | 11:27 pm
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Jabil Inc. has expanded its manufacturing capabilities in Mexico, which is likely to enhance its operational efficiency and customer offerings in digital commerce, particularly in retail and warehouse automation.
The expansion of Jabil's manufacturing capabilities in Mexico is directly related to the company's core business operations and growth strategy in the digital commerce sector. The increased capacity and technological advancements are likely to improve operational efficiency and attract more customers, which could positively impact JBL's stock price in the short term. The importance is high as this expansion is significant for Jabil's retail industry presence and collaboration with technology disruptors. The confidence in this analysis is strong due to the clear strategic benefits outlined in the article.
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