Jabil Opens Global Business Center in Penang

Penang, Malaysia – October 25, 2018 - Jabil Inc. (NYSE: JBL) today officially opened its Global Business Center (GBC) in Penang’s GBS@Mayang, after relocating from Bayan Lepas Industrial Park earlier this year. The center marks a milestone for Jabil’s growth, which has continued to expand operations in Penang since 1995.

The Jabil GBC started with just 200 employees and has since made a home in Penang employing approximately 950 professionals. Today, Jabil’s GBC – combining the company’s global information technology, supply chain management, centralized procurement, and finance global business solutions functions - supports over 180,000 Jabil employees around the world. It is one of the largest shared services centers in Penang. Jabil will occupy two floors measuring 72,700+ square feet, with the capacity to accommodate an additional 1,100 people as needed.

Gary Cantrell, Jabil’s senior vice president and CIO, said, “We are proud of Jabil’s journey in Penang. This new space brings our shared services team under one roof, while fostering better employee interaction, collaboration, and innovation. We continue to invest in technology to drive solutions for our internal and external customers. Furthermore, our new office will provide better infrastructure and accessibility with its centralized location within the Bayan Baru district.”

Shared services will be driven by new technologies such as predictive analytics and big data to enable faster and more accurate decision support. And, Penang’s highly skilled workforce and conducive ecosystem will allow Jabil to scale over time.

Cantrell was on-hand to formally open the GBC at GBS@Mayang, in the presence of Yang Berhormat Zairil Khir Johari, Penang State Executive Councillor for Public Works, Utilities & Flood Mitigation, representatives from the Penang Development Corporation and investPenang, as well as additional executives from Jabil.

YB Zairil said, “Jabil’s move to GBS@Mayang is an acknowledgment of Penang’s capabilities in providing first-class infrastructure, skilled manpower, and value-added services. It also reaffirms their continued commitment to Penang. We are pleased to be a part of Jabil’s growth journey.”

###

About Jabil

Jabil (NYSE: JBL) is a product solutions company providing comprehensive design, manufacturing, supply chain and product management services. Operating from over 100 facilities in 29 countries, Jabil delivers innovative, integrated and tailored solutions to customers across a broad range of industries. For more information, visit: jabil.com.

For media enquiries, please contact:

Penang Development Corporation
Nur Syuhada Binti Tanwir, +604 – 643 0111
Corporate Communications Division
syuhada@pdc.gov.my

Weber Shandwick (for Jabil)
Kelvin Jude, +6012 505 6220
kjude@webershandwick.com