Jabil Inc. announced February 3 that they would consolidate their healthcare holdings into a single organization, Jabil Healthcare. The new company will combine Jabil’s Nypro company with Jabil’s other healthcare businesses, including its spine, trauma, and orthopedics operations.
The resulting conglomerate will combine Jabil’s services in the fields of medical devices, orthopedics, diagnostics, pharmaceutical delivery systems, and consumer health. The newly created company is called Jabil Healthcare. It involves 35 locations and employs almost 20,000 people.
Steve Borges, the CEO of the new company, said that “by harnessing the power of the Jabil and Nypro teams, we are in the unique position to accelerate technology advancements and augment the value we bring to our customers, their patients and the healthcare industry.”
According to Jabil, the new organization of its healthcare holdings will enable its clients to access “deep, cross-sector” expertise in various manufacturing techniques, including sensor integration, injection molding, additive manufacturing and electronics.
One of Jabil’s partners, medical-device manufacturer Elvie, says that kind of organization is a boon for business. “Working with a partner like Jabil was so important to us because their healthcare experts understood which emerging technologies from other fields could be readily applied,” said Tania Boler, CEO and founder of the company, which manufactures breast pumps.
“With the rise of digital health and additive manufacturing, the time is right to unite our diverse capabilities and domain expertise under one strong brand,” said Borges.
Jabil Inc., based in St. Petersburg, Florida, employs more than 200,000 people.