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© mucella1 dreamstime.com Electronics Production | December 08, 2015

Jabil and NAC trade spaces

EMS-provider Jabil Circuit and NAC will trade places in St.Petersburg (Florida / USA).
NAC, a distributor of electronic components and custom semiconductors, sold Jabil Circuit the building which now houses the new research and development lab of the EMS-provider. And now ... it is trading spaces with the electronic services giant.

NAC Group Inc. sold its headquarters to Jabil for USD 9.1 million and will now lease space from Jabil instead, Johnathan Stanton, NAC president and CEO is quoted in the Tampa Bay BJ as saying.

The new space is smaller as staff figures have fallen - due to federal spending cuts (known as sequestration) - from about 115 worldwide, to about 65 people.
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December 12 2018 10:05 pm V11.10.12-1