According to St. Petersburg-based Jabil (NYSE: JBL),” is set to make a $42 million investment in Albuquerque, New Mexico for technology and equipment as it makes the Duke City its “center of excellence” for 3D printing, officials announced on Aug. 15. The company said it plans to hire 120 employees in the next five years.”
According to New Mexico Gov. Michelle Lujan Grisham said in a statement “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.”
According to CEO Mark Mondello, “I’m extremely pleased with our third-quarter performance, highlighted by solid operational excellence and strong financial results. The team delivered 20 basis points of core margin expansion on double-digit revenue growth, culminating in an impressive 24 percent core EPS growth, year-over-year. Our strong year-to-date results validate that our diversification strategy has firmly taken hold.”
Delivering insoles in 1/2 the time, at a fraction of the cost.