This significant commitment will enable new large-scale manufacturing capabilities, capital investments, and workforce development.

ST. PETERSBURG, Fla. - June 17, 2025 - Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions, today announced it intends to invest approximately $500 million over the next several years to expand its footprint in the Southeast United States to support cloud and AI data center infrastructure customers. This significant commitment will enable new large-scale manufacturing capabilities, capital investments, and workforce development.

Jabil is in the final stages of site selection and expects it to be operational by mid-calendar year 2026.

"To secure America's future in artificial intelligence, it's crucial that we build the hardware that powers AI innovation right here at home. Domestic manufacturing isn't just an economic priority; it's a matter of national security. We're proud to expand Jabil's U.S. factory network, scaling our capabilities to better support the growing needs of our data center customers," said Matt Crowley, Executive Vice President, Global Business Units.

This strategic investment builds on Jabil's recent acquisition of New Hampshire-based Mikros Technologies, a leading provider of liquid cooling and thermal management solutions. Mikros Technologies serves a wide range of industries, including AI data center infrastructure, energy storage, and semiconductor testing.

"This initiative is a key element of our long-term strategy to diversify our commercial portfolio and strengthen Jabil's presence in the U.S.," said CEO Mike Dastoor. "While the geopolitical landscape remains dynamic, our position as a U.S.-based company with a significant domestic footprint enables us to help the world's leading brands navigate
challenges with agility and resilience."

Based in St. Petersburg, Florida, Jabil has 30 sites across the United States, with proven experience and investments in automation, robotics, and process optimization. These facilities support demand for production at scale across industries.

Forward Looking Statements: This release contains forward-looking statements, including those regarding our intent to expand our factory network in the United States and our estimate for the commencement of manufacturing. The statements in this release are based on current expectations, forecasts and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from our current expectations. Such factors include, but are not limited to: scheduling production, managing growth and capital expenditures and maximizing the efficiency of our manufacturing capacity effectively; managing rapid declines or increases in customer demand and other related customer challenges that may occur; our dependence on a limited number of customers; and our ability to purchase components efficiently and reliance on a limited number of suppliers for critical components. Additional factors that could cause such differences can be found in our Annual Report on Form 10-K for the fiscal year ended August 31, 2024, and our other filings with the Securities and Exchange Commission. We assume no obligation to update these forward-looking statements
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About Jabil:
At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world's top brands, offering
comprehensive engineering, supply chain, and manufacturing solutions. With over 50 years of
experience across industries and a vast network of over 100 sites worldwide, Jabil combines
global reach with local expertise to deliver both scalable and customized solutions. Our
commitment extends beyond business success as we strive to build sustainable processes
that minimize environmental impact and foster vibrant and diverse communities around the
globe. Discover more at www.jabil.com.