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Investors pushed shares of

Jabil Circuit

(JBL) - Get Jabil Inc. Report

higher on Wednesday on reports that two companies will use the electronics manufacturing outsourcer to build their products.

Jabil's stock recently tacked on $1.37, or 5.2% to $27.75.

Toronto-based

PreMD

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, which develops tests to detect cardiovascular disease and cancer, said it had received permission from the U.S. Food and Drug Administration to market its second-generation Point of Care (POC) Skin Sterol Test, which assesses heart disease risk. Jabil will manufacture the product in its U.S. facilities.

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In addition, according to media reports,

BenQ Mobile

, based in Munich, has been negotiating with Jabil and

Foxconn

to outsource production of its handsets. BenQ has struggled to make a profit since taking over the business from

Siemens

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last year.

Jabil representatives were not immediately available for comment.

The company is scheduled to report its fourth-quarter earnings on Tuesday.