Jabil Inc. to Invest $500 Million in North Carolina, Creating 1,200 Jobs for AI and Cloud Computing Support

2 Sources

Electronics maker Jabil Inc. plans to establish a $500 million manufacturing facility in North Carolina, creating nearly 1,200 jobs to support AI and cloud computing data centers.

Jabil's Major Investment in North Carolina

Electronics manufacturer Jabil Inc. has announced plans to invest $500 million in a new manufacturing facility in North Carolina, aimed at supporting the growing demand for cloud computing and artificial intelligence data centers 12. This significant investment is expected to create nearly 1,200 jobs in the central part of the state, marking a substantial boost to the local economy and the tech industry.

Project Details and Timeline

The new manufacturing operation will be located in Rowan County, approximately 45 miles northeast of Charlotte 1. Jabil's investment will be phased over several years, with a proposed capital spending of $264 million and the creation of 1,181 jobs by the end of 2030 2. This long-term commitment demonstrates the company's confidence in the region's potential for growth in the AI and cloud computing sectors.

Job Creation and Economic Impact

The project is set to bring high-quality employment opportunities to the area. The minimum average wage for the new positions is expected to be around $62,000, with roles available for both manufacturing and engineering professionals 1. This wage level is likely to have a positive impact on the local economy, potentially attracting skilled workers to the region.

Jabil's Expansion and Market Strategy

Jabil, a Florida-based multinational company, already has a significant presence in the United States with 30 locations, including three in North Carolina that currently employ about 1,000 workers 2. This new facility represents a strategic expansion of their operations, particularly in the rapidly growing field of AI and cloud computing infrastructure.

Matt Crowley, a Jabil executive vice president, highlighted the company's motivation behind this investment: "The drive to build AI data centers is only accelerating in the United States. We are excited to help meet that demand, provide additional scale and capabilities for our data center customers, and empower the AI solutions of the future" 1.

State Support and Incentives

The decision to locate the facility in North Carolina came after the state successfully competed against Florida for the project 2. To secure this significant investment, state and local authorities have offered a comprehensive incentive package totaling more than $21 million 1. This includes potential cash payments of $11.3 million over 12 years, contingent on Jabil meeting specific investment and job-creation thresholds 2.

The incentive package, approved by a state incentives committee, includes a Job Development Investment Grant 1. This demonstrates the state's commitment to attracting high-tech manufacturing and supporting the growth of the AI and cloud computing sectors in North Carolina.

Implications for the AI and Tech Industry

Jabil's investment in a facility dedicated to supporting AI and cloud computing data centers underscores the growing importance of these technologies in the broader tech landscape. As demand for AI solutions and cloud services continues to rise, investments in the underlying infrastructure become increasingly critical. This project positions North Carolina as a key player in the development of next-generation technology infrastructure, potentially attracting further investments and talent to the region.

Explore today's top stories

Google's AI Overviews Face EU Antitrust Complaint from Independent Publishers

Google's AI-generated summaries in search results have sparked an EU antitrust complaint from independent publishers, citing harm to traffic, readership, and revenue.

Reuters logoNDTV Gadgets 360 logoNew York Post logo

5 Sources

Policy and Regulation

12 hrs ago

Google's AI Overviews Face EU Antitrust Complaint from

Xbox Executive's AI Advice to Laid-Off Workers Sparks Controversy

An Xbox executive's suggestion to use AI tools for emotional support and career guidance following Microsoft's layoffs has sparked controversy and criticism within the gaming industry.

The Verge logoengadget logoTechSpot logo

5 Sources

Technology

12 hrs ago

Xbox Executive's AI Advice to Laid-Off Workers Sparks

Mark Cuban Predicts AI Will Create World's First Trillionaire

Billionaire Mark Cuban forecasts that AI's untapped potential could lead to unprecedented wealth creation, possibly producing the world's first trillionaire from an unexpected source.

CNBC logoEconomic Times logo

2 Sources

Technology

12 hrs ago

Mark Cuban Predicts AI Will Create World's First

Meta's AI Talent Acquisition Strategy: Debunking the $100 Million Bonus Myth

Meta's aggressive AI talent recruitment efforts, including reports of massive bonuses, have been called into question by a former OpenAI researcher who joined the company.

Inc. Magazine logoWccftech logo

2 Sources

Business and Economy

12 hrs ago

Meta's AI Talent Acquisition Strategy: Debunking the $100

US Considers AI Chip Export Restrictions on Malaysia and Thailand to Prevent China Access

The US plans to restrict AI chip exports to Malaysia and Thailand to prevent China from accessing advanced processors through intermediaries, as part of its "AI Diffusion" policy.

Bloomberg Business logoWccftech logo

2 Sources

Policy and Regulation

4 hrs ago

US Considers AI Chip Export Restrictions on Malaysia and
TheOutpost.ai

Your Daily Dose of Curated AI News

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.

© 2025 Triveous Technologies Private Limited
Instagram logo
LinkedIn logo