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ST. PETERSBURG, FL -- Jabil will sharply reduce its manufacturing capacity around the world and lay off up to 3,000 workers, the company said. Jabil will take estimated charges of $65 million in pre-tax restructuring and impairments costs during fiscal 2009 and 2010.

The moves will affect about 10 facilities, which Jabil did not specify. The company said 10% of the headcount reductions will take place in the US.

Jabil said the restructuring should save the firm $55 million annually.

Jabil currently employs 85,000 workers worldwide.

ORADEA, ROMANIA -- Plexus' manufacturing facility here is nearly complete and scheduled to come online during the third quarter, company executives said Monday.

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LONDON -- Sales of electronics manufacturing services in Eastern Europe topped $10 billion in 2008 and could more than double over the next five years, according to new research.

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TORONTO – Celestica Inc. announced fourth-quarter revenue fell 27% from last year to $1.94 billion. The GAAP net loss was $822.2 million, down from a GAAP net loss of $11.7 million last year, largely on goodwill writeoffs of $850.5 million.

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LUXEMBOURG -- Elcoteq, the world's sixth-largest EMS firm, reported March quarter revenues fell 48% to year-over-year to 470 million euros ($626.8 million).

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TEMPE, AZ -- US manufacturing activity slipped in April for the 15th consecutive month, but the rate of new orders jumped six points to its highest level since September, according to the latest poll of the nation's executives.

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