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Partnership Between Jabil and Newland Creates 500 New Job Opportunities at Factory in Betim, Promoting Economic Growth in Minas Gerais.
A major partnership was announced through the State Department of Economic Development (Sede-MG) and Invest Minas, promising to create about 500 job opportunities in the state by 2025. The agreement involves the Chinese company Newland Payment Technology and the American Jabil, operating in the metropolitan region of Belo Horizonte. The investment will be in Jabil’s factory in Betim.
Partnership and Investments
The announcement was made at a closed event attended by directors of the involved companies and representatives of the Government of Minas.
During the ceremony, Newland’s new production line at Jabil’s factory in Betim was also inaugurated.
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The State Secretary of Economic Development, Fernando Passalio, highlighted the importance of the agreement for the economic development of the state.
“The Government of Minas is always attentive to opportunities to promote development, employment, and income for people in Minas. This agreement will also contribute to the sharing of advanced technology knowledge, coming from major economic powers, with the state,” said Passalio.
Impact of the Factory on the Job Market
The partnership between Jabil and Newland promises to create a variety of job opportunities across different sectors, related to the production of payment equipment, known as card machines.
The American company Jabil, already established in Betim, will manufacture payment terminals for Newland, including credit and debit card machines used in various commercial establishments.
Ronaldo Barquette, Director of Investment Attraction at Invest Minas, emphasized the positive impact of the partnership.
“The partnership between Jabil and Newland represents not only more investments and jobs for Minas Gerais but also adds more value and cutting-edge technology to this industry that is so important for our state,” said Barquette.
About the Companies
Jabil specializes in the production of electronics for various sectors, including automotive, renewable energy, consumer goods, healthcare, and telecommunications.
Jabil will be responsible for manufacturing payment terminals for Newland, which are widely used in points of sale, restaurants, gas stations, and other commercial services.
With two decades of experience in the sector, Jabil stands out for its innovation in digital commerce solutions, ranging from warehouse automation to store digitization.
The company continuously invests in technology at its factory to help its clients launch products to market quickly and efficiently.
Newland Payment Technology, on the other hand, is one of the global leaders in providing payment solutions.
Founded in Fuzhou, China, in 1994, the company is present in 120 countries and invests heavily in research and development to create products that offer security and efficiency in transaction processing.
Since entering the Brazilian market in 2018, Newland has distinguished itself by offering a wide range of POS (point of sale) terminals that serve various retail segments, from small street vendors to large stores and restaurants.
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