Jabil Circuit

Jabil Circuit, Inc. is a US based global manufacturing services company. Headquartered in St. Petersburg, Florida, it is one of the largest companies in the Tampa Bay area. and the third largest contract manufacturer in the world. Jabil has 90 facilities in 23 countries, and 175,000 employees worldwide.

History

The company's name derives from those of its two founders, James Golden and Bill Morean, who founded the company in 1966. Jabil was incorporated in 1969. An early product was PCBs.

In the 1980s, the company was making parts for PC companies like Dell, and this continued through the mid 1990s.

The company went public in 1993. In 1998, Jabil began trading publicly on the New York Stock Exchange under ticker symbol JBL. The company was added to the S&P 500 Index in 2001.

On March 1, 2013, Jabil appointed William E. Peters as President and William D. Muir, Jr. as Chief Operating Officers. Both had been with Jabil for more than 20 years. On the same day, Mark Mondello was appointed to CEO, replacing Timothy Main, who was elected Chairman of the Board of Directors. The appointments were sparked by the retirement of Board Chairman William Morean whose father founded Jabil in 1966.