Jabil Inc. Expanding Presence in Tiszaújváros, Hungary

Publicated on: December 11, 2017

Hungarian real estate developer InfoGroup is building a $13.6 million logistics center in the Tiszaújváros Industrial Park for Jabil Circuit Magyarország Kft., the Hungarian subsidiary of U.S.-based Jabil Inc. The 17,000 sqm facility’s foundation stone was laid on November 3, 2017, and completion is expected next summer.

Florida-based Jabil Inc., one of world's leading manufacturing services companies, has a presence in 28 countries worldwide and employs a total of 180,000 staff across 100 manufacturing locations.

Jabil Circuit Magyarország Kft. began operations in Tiszaújváros in 2000. Its manufacturing facility is Jabil’s largest in Europe and its third largest worldwide. Jabil’s subsidiary is one of the leading economic players in Northern Hungary, with net annual revenues of HUF 285 billion, of which 90% are derived from exports. The company is one of the county's largest employers, with almost 3,500 staff working at its 54,000 sqm factory. The company's portfolio is continuously being expanded in the automotive, telecommunications, computing and storage, medical electronics and industrial electronics sectors.

This development will significantly increase Jabil's warehouse capacity, enabling the company to expand its business offerings, network of service partners, and reach new potential customers. With this new logistics facility, Jabil Circuit Magyarország Kft. aims to serve as a distribution center alongside its electronics manufacturing activities.