Jabil Expands Into Israel!
Jabil Circuit, Inc. (NYSE: JBL), a global electronic product solutions company, today announced that it is establishing a presence in Israel to focus on partnering with start-up and emerging companies. Jabil's first Israeli office is opening in Ramat Ha'Chayal, Tel Aviv.
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| Ramat Ha'Chayal area in Tel Aviv. |
With the largest number of start-up companies in the world per capita, Israel's reputation for innovation and technology is well respected. Jabil's entry into Israel is lead by the company's Emerging Growth Team, which is dedicated to helping start-up companies through the unique challenges of bringing new technologies to market and scaling for global production.
Jabil also announced today that it signed a strategic cooperation agreement with R.H. Technologies Ltd., (publically traded on the Tel Aviv Stock exchange). R.H. Technologies is the largest hi-tech manufacturing company in Israel. The company's plant in Nazareth Illit will serve as Jabil's Israeli manufacturing arm.
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