Jabil plans 3D center of excellence in Albuquerque
Jabil plans to invest nearly $42 million in new technology and equipment in a center of excellence for 3D printing in Albuquerque, New Mexico. The project will add about 120 jobs over five years, a news release said. There are currently more than 360 full-time employees on site, in addition to a temporary workforce of approximately 70 associates. Jabil (NYSE: JBL), a manufacturing solutions provider and the largest company headquartered in St. Petersburg, has focused on 3D printing for a variety of products, including parts for the race car driven by the Renault F1 team. The company is in line for $1 million in state and local funding to help with eligible expenses associated with the project.