2007'05.09.Wed
Jabil Expands Asia Presence With Move Into Vietnam

May 09, 2007
HO CHI MINH CITY, Vietnam, May 9 /Xinhua-PRNewswire/ --
Jabil, a global leader in electronic product solutions, will
expand its Asia presence with the addition of a facility in
Ho Chi Minh City, Vietnam. Located in Saigon Hi-Tech Park,
the new 55,000 square-foot facility (expandable to 120,000
square feet) is scheduled to be operational in June 2007.
While the initial investment will be modest, Jabil expects
the location to grow in importance over time.
Jabil's Regional President for Asia, Bill Muir said,
"We are developing Vietnam as a production-for-export
location. Vietnam offers a globally competitive cost base,
a strong workforce and provides good balance to our Asia
footprint. Jabil is a strategic partner to some of the
world's most trusted brands and it is our role to
anticipate and deliver solutions to meet customers'
business needs and priorities. Long term, we believe
Vietnam will be an integral part of our customers global
supply chain."
Jabil is the third largest electronic manufacturing
services provider in the world and employs over 100,000
employees worldwide including India, Malaysia, Singapore,
and People's Republic of China, Taiwan and Japan.
About Jabil
St. Petersburg, Florida-headquartered Jabil is an
electronic product solutions company providing
comprehensive individualized-focused solutions for
electronics design, manufacturing and product management
services to global electronics and technology companies.
Jabil helps bring electronics products to the market faster
and more cost effectively by providing complete product
supply chain management around the world. Jabil common
stock is traded on the New York Stock Exchange under the
symbol, "JBL". Further information is available
on the Company's website: jabil.com.
This news release contains forward-looking statements,
including those regarding the anticipated expansions in
Vietnam, outlook for our business, our long-term outlook
for our company, and our industry. These statements are
based on current expectations, forecasts and assumptions
involving risks and uncertainties that could cause actual
outcomes and results to differ materially. These risks and
uncertainties include, but are not limited to: fluctuations
in operating results; changes in technology; competition;
anticipated growth for us and our industry that may not
occur; managing rapid growth; managing any rapid declines
in customer demand that may occur; our ability to
successfully consummate acquisitions; managing the
integration of businesses we acquire; risks associated with
international sales and operations; retaining key personnel;
our dependence on a limited number of customers; business
and competitive factors generally affecting the electronic
manufacturing services industry, our customers and our
business; other factors that we may not have currently
identified or quantified; and other risks, relevant factors
and uncertainties identified in our Annual Report on Form
10-K for the fiscal year ended August 31, 2007, subsequent
Reports on Form 10-Q and Form 8-K and our other securities
filings. Jabil disclaims any intention or obligation to
update or revise any forward-looking statements, whether as
a result of new information, future events or otherwise
For more information and please contact:
Aileen Han
Marketing Communications Manager - Asia
Tel: +86-21-6485-8585 x1069
Email: Aileen_Han@Jabil.com
Jabil Quick Facts:
USD $10.2 billion in revenue (Fiscal 2006)
100,000 employees
Operating in 21 countries
PR
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