Calix to affirm commitment to BEAD

Calix (CALX) will affirm its commitment to “Build America, Buy America” for the Broadband Equity, Access, and Deployment program at an event held at a manufacturing facility operated by its strategic manufacturing solutions provider, Jabil (JBL). Calix will announce its strategy to expand its hardware manufacturing relationships in the United States. With an initial investment from Calix of $4M-$6M and an ongoing spend for operations of $10M-$15M per year, Calix manufacturing solutions providers will hire workers in manufacturing, operations, engineering, quality assurance, and administrative roles as they ramp US production of Calix optical solutions-a first step in the company’s BABA initiative. Calix has longstanding partnerships with three manufacturing solutions providers: a five-year partnership with Jabil, an eight-year partnership with Gemtek, and a 10-year partnership with Hisense Broadband. The manufacturing services agreements between Calix and these providers reflect the following: Jabil will produce optical network terminals and optical line terminals in Michigan. Gemtek will produce ONTs at its California facility. Hisense Broadband will produce optical modules at its New Jersey facility.