Jabil Inc. has launched Jabil Healthcare, an organization that combines several of the company’s businesses under a single umbrella.
Jabil Healthcare consolidates Nypro, a precision plastics products company that Jabil acquired in 2013, with its orthopedics, spine, trauma and associated medical instruments operations.
Jabil Healthcare has more than 35 global sites and nearly 20,000 employees.
Jabil Healthcare by the numbers
- 36 ISO 13584 plants in 12 countries
- 24 FDA registered plants in six countries
- 5.5 million+ square feet of medical manufacturing space
It serves five key sectors in the healthcare market: medical devices, orthopedics, diagnostics, pharmaceutical delivery systems and consumer health.
It’s being led by Steve Borges, CEO and executive vice president.
“By harnessing the power of the Jabil and Nypro teams, we are in the unique position to accelerate technology advancements and augment the value we bring to our customers, their patients and the healthcare industry,” Borges said in a news release. “With the rise of digital health and additive manufacturing, the time is right to unite our diverse capabilities and domain expertise under one strong brand.”
Jabil (NYSE: JBL) is a manufacturing solutions company and the largest company headquartered in St. Petersburg, with $25.3 billion in revenue in the fiscal year ended Aug. 31. The company did not break out revenue for Jabil Healthcare.
The consolidation brings together medical industry know-how and cross-sector experience in injection molding, electronics, sensor integration and additive manufacturing. That will help healthcare brands accelerate and scale technology advancements, the news release said.
“Working with a partner like Jabil was so important to us because their healthcare experts understood which emerging technologies from other fields could be readily applied,” said Tania Boler, founder and CEO of Elvie, a London startup focused on women’s health.
Elvie recently introduced a breast pump that doesn’t have the wires or loud motors of traditional pumps.
“The breast pump had not been innovated for decades,” Boler said in a video interview. “We thought, let’s start with a blank sheet of paper and imagine what would be the best breast-pump experience … We were able to use an emerging technology that was used in a completely different field and apply it to women’s health. That’s why working with partners like Jabil is so important. They are able to open up access to other components and emerging technologies in other fields and apply that to women’s health.”
In addition to technology evaluation and product ideation, Jabil provided device development, engineering, supply chain optimization and volume manufacturing for Elvie.
The Jabil Healthcare consolidation comes on the heels of Jabil’s announcement that it will invest $18.5 million in its Asheville, North Carolina operations, where Nypro has a manufacturing plant. Jabil will add 68 jobs to the current workforce of 325, and will expand facilities, technology, machinery and equipment, a news release from the Asheville-Buncombe County Economic Development Coalition said.