Jabil to expand operations in Penang


PENANG: Jabil Circuit, Inc. (NYSE: JBL), a global provider of design, engineering manufacturing and supply chain solutions, has secured approval from the Penang State government in Malaysia to purchase 20 acres of land at the Batu Kawan Industrial Park to support expansion plans.

The agreement was officially signed today in a ceremony involving representatives from Jabil, led by Mr. Ong Kay Chong (KC Ong), Senior Vice President, Operations, Electronic Manufacturing Services and Mr. Lim Guan Eng, Chief Minister of the state of Penang.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

US yields rise to multi-month highs on Trump's tariff threats
OMS Group inks deal with Ulstein for two next-generation cable-laying vessels
Ringgit firmer vs greenback on rising US-EU tensions
FBM KLCI retreats to 1,700 support as profit-taking accelerates
Trading ideas: IJM, Perak Corp, Kuchai, Favelle Favco, Reservoir Link, OpenSys, Teladan, PJBumi, AirAsia X, M&A Equity, Alliance Bank
Cypark aims for stronger recurring income stream
Iran’s real oil risk is labour strikes, not bombs
Coconuts might be IOI Corp’s next cash crop
Genting Plantations earnings to face setback
Mixed outlook for Swift Haulage earnings potential

Others Also Read