What Happened
Tampa Bay Manufacturer Sees Growth Across Multiple Markets
St. Petersburg-based manufacturer Jabil expects revenue to climb 24% to $44.5 billion in fiscal 2027, driven by accelerating demand for artificial intelligence infrastructure and growth across automotive, healthcare, energy infrastructure, defense and aerospace, and automation markets. The company reported preliminary fiscal 2026 results, showing revenue rose 21% to $36 billion, while net income increased 58% to $1.04 billion. This growth is expected to continue, with Jabil forecasting a core operating margin increase and adjusted earnings per share rise. The company’s expansion into new markets and increased capacity may position it for long-term success, as reported by Unknown Source.