TISZAUJVAROS, HUNGARY – Jabil will invest more than HUF 1 billion (US$3.4 million) in its electronics assembly plant here, according to reports.

The EMS/ODM will in return receive government grants to help underwrite additional investments.

Jabil Circuit Magyarország chief Tibor Czakó said the investment, including the government grant, would also contribute to further developments.

The site builds for automotive customers, among others.

Ed.: HUF 1 = US$0.0034