Site icon Polvadera Chiles and New Mexico News

$36 million IRB proposed for 3D manufacturer

A day after the announcement of a significant expansion in Albuquerque, possible incentives for Jabil are moving forward with the city.

On Thursday, the Albuquerque Development Commission approved proposals brought by Nypro Healthcare Baja Inc., a wholly-owned subsidiary of Florida-based Jabil (NYSE: JBL), for $36 million in industrial revenue bonds and $250,000 in Local Economic Development Act funds for its 233,136-square-foot manufacturing facility at 3801 University Ave. SE. The state is also…

Source: The Business Journal

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