Business

St. Petersburg's Jabil expands in Israel with new innovation center

Posted May 27, 2018 6:06 p.m. EDT

St. Petersburg-based contract electronics company Jabil announced Wednesday it has expanded in Israel by opening an Optics Technology Innovation Center.

The 6,560-square-foot complex is in Haifa, Israel's third-largest city.

"Our Optics Innovation Center is fundamental to Jabil's mission of becoming the most technologically advanced manufacturing services provider in the world," said vice president of optics Irv Stein in a prepared statement.

As a development and manufacturing center, the Israel office will provide the country's tech community with more opportunities in computational cameras and projection systems -- the sorts of tech needed for growing demand within the smartphone, tablet and laptop industry.

Jabil entered Israel in 2012 and currently employs more than 600 people there.

Executives said they chose Haifa because of the port city's access to a stream of technology resources and talent in the surrounding area.

Asked about any concerns about recent unrest in Israel as it expands operations there, a company spokesman said, "Jabil takes the security and safety of our employees very seriously and we monitor current conditions accordingly."