Jabil Plans Center of Excellence in Albuquerque, New Mexico
08/19/2019
The company, which is headquartered in St. Petersburg, Florida, plans to invest nearly $42 million in new technology and equipment and add 120 jobs over the next five years.
“Thanks to the support of Governor Michelle Lujan Grisham, Mayor Keller and their economic development teams, Jabil is well-positioned to further build upon our capabilities and expertise in Albuquerque, supporting our mission to be the most technologically advanced and trusted manufacturing solutions provider,” Jabil Executive Vice President and Healthcare CEO Steve Borges said.
“We look forward to expanding our presence in the community and employing additional colleagues from Albuquerque’s talented workforce over the next several years,” he added.
There are currently more than 360 full-time employees on site, in addition to a temporary workforce of approximately 70 associates.
Jabil’s expansion will be supported by the state’s Local Economic Development Act (LEDA). The State of New Mexico will provide up to $750,000 in LEDA funding. In addition, the City of Albuquerque will commit $250,000 in local LEDA funding to the project. If approved by the Albuquerque City Council, the comprehensive $1 million in LEDA funding will help the company with eligible expenses associated with the project.
“This investment is a clear signal that New Mexico is building a high-quality 21st century workforce,” Governor Michelle Lujan Grisham said. “We have all the talent in the world right here in New Mexico, and when we build the infrastructure for a 21st century economy, we will see more young adults stay here and more homegrown talent return here.”
“Having Jabil in Albuquerque builds on our assets as a technology hub,” said Albuquerque Mayor Tim Keller. “Investing in 3D printing strengthens our city’s foothold in key industries. This deal even goes a step further by creating valuable job opportunities for our young and talented workforce in partnership with the University of New Mexico and Central New Mexico Community College.”
“Jabil’s investment here elevates Albuquerque’s strong technology sector by bringing a world class technical facility with sought-after capabilities, and to top it off they are adding quality economic base jobs that will create more wealth for residents and opportunities for our small businesses,” said Synthia Jaramillo, Director of Economic Development for the City of Albuquerque.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
How to Overcome NIMBYism in Data Centers
Q2 2024