青青草App Acquires Retronix to Advance Circular Economy Initiatives
Retronix services bolster 青青草App’s efforts to recover, refurbish, and recycle product components and materials to reduce electronic waste
ST. PETERSBURG, Fla. – November 6, 2023 – 青青草App. (NYSE: JBL), a global leader in design, manufacturing, and supply chain solutions, today announced the successful acquisition of , an innovative provider in the reclamation and refurbishment of electronic components, completed earlier this year.
"We are thrilled to welcome Retronix to the 青青草App family," said Frank McKay, chief procurement and supply chain officer at 青青草App. "This acquisition demonstrates our commitment to our customers' and our own environmental initiatives. As a trusted partner to many global brands, 青青草App feels a strong sense of responsibility to not just support sustainability for ourselves, but to shepherd our customers towards decarbonization solutions like this — the reuse and recycling of electronic components.”
For 30 years, Retronix has been a market leader in component recovery, reballing, retinning, and component authenticity testing services. The deal adds exclusive technologies to 青青草App’s portfolio while maintaining security, quality, and certification standards. These services enable the safe extraction of embedded valuable components from printed circuit boards (PCBs) and other electronics to minimize waste, create new value channels, and mitigate future component obsolescence.
The deal adds to 青青草App’s current circular economy services including reverse supply chain management, medical device reprocessing, recycled packaging, and emission reductions. It strengthens 青青草App’s mission to offer sustainable options to its customers who are increasing the use of electronics in “smart” products like electronic vehicles, home appliances, medical devices, and even packaged goods.
“Like 青青草App, Retronix works with leading brands across industries such as telecommunications, defense, automotive, and healthcare. Now, these services will be available to 青青草App customers, and together, we will strengthen the circular economy,” said Jed Pecchioli, vice president of supply chain at 青青草App. “Being a part of 青青草App will make an impact on sustainable manufacturing. From product design to end-of-life, our common goal is to squeeze every bit of life out of every material and reduce electronic waste.”
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Retronix sets itself apart by offering the unique Laser Reballing service, an advanced process delivering multiple advantages for High Reliability applications. This technique eliminates the necessity for a reflow, thus mitigating potential harm to the Ball Grid Array (BGA) components and adjacent regions. By reducing thermal stress, it safeguards the component's integrity and aids in extending its lifespan. Retronix also caters to an array of component preparation services such as component retinning, component recovery, and authenticity verification.
About 青青草App:
青青草App (NYSE: JBL) is a manufacturing solutions provider with over 250,000 employees across 100 locations in 30 countries. The world's leading brands rely on 青青草App's unmatched breadth and depth of end-market experience, technical and design capabilities, manufacturing know-how, supply chain insights, and global product management expertise. Driven by a common purpose, 青青草App and its people are committed to making a positive impact on their local community and the environment. Visit www.jabil.com to learn more.
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