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(1) New automation and machinery will increase packaging capacity for North American and European markets Jabil Inc. (NYSE: JBL) today announced expansion plans for its newly acquired paper bottle technology with a $25 million investment in subsidiary Ecologic's Manteca, California, location and the buildout of a new paper bottle plant in its Sustainability Center of Excellence in Tortosa, Spain. This expansion will create the first paper-based scaled technology in the market, as Jabil delivers Ecologic's innovative pulp molding capabilities to new geographies and enables production of hundre...

Press release content from Business Wire. The AP news staff was not involved in its creation. Jabil Bolsters Sustainable Packaging Capabilities with Acquisition of Ecologic Brands™ January 14, 2021 GMT Jabil Inc. today announced the acquisition of Ecologic Brands, Inc., a leading provider of sustainable packaging specializing in paper bottle and paper-based packaging solutions. (Photo: Business Wire) Jabil Inc. today announced the acquisition of Ecologic Brands, Inc., a leading provider of sustainable packaging specializing in paper bottle and paper-based packaging solutions. (Photo: Busine...