JBT Corporation Wins Gate Equipment Order for Major European Airport
CHICAGO, June 3 /PRNewswire-FirstCall/ -- JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business has been awarded a contract to supply gate equipment for the Bucharest Henri Coanda International Airport, in Bucharest, Romania. The contract, placed by Romairport S.R.L., a company of the Italian construction group Astaldi S.p.A., includes the supply of 9 new Jetway® passenger boarding bridges, 11 Jetpower® ground power units and 11 JetAire® pre-conditioned air units.
With five existing Jetway® passenger boarding bridges within the terminal, this new order is a vital part of the facilities' Phase III Development and Modernization Plan. This plan provides for new facilities to accommodate increases in passenger traffic to 6 million passengers per year. In addition, the facilities will be reorganized to allow for the borderless flow of passengers within Europe to comply with Schengen standards.
"We are very pleased to expand upon our relationship with the Bucharest Henri Coanda International Airport," said John Lee, Vice President and Division Manager, JBT AeroTech. "With this contract, any passenger embarking or disembarking a flight in Bucharest, via a boarding bridge, will continue to do so solely on a JBT-manufactured Jetway® passenger boarding bridge."
JBT AeroTech anticipates completing installation of its portion of the project in the fourth quarter of 2010, prior to the terminal's scheduled completion in the first quarter of 2011.
JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to the food processing and air transportation industries. JBT Corporation designs, manufactures, tests and services technologically sophisticated systems and products for regional and multi-national industrial food processing customers through its JBT FoodTech segment and for domestic and international air transportation customers through its JBT AeroTech segment. JBT Corporation employs approximately 3,300 people worldwide and operates sales, service, manufacturing and sourcing operations located in over 25 countries. For more information please visit www.jbtcorporation.com or www.jbtaerotech.com.
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond the Company's ability to control. These risks and uncertainties are described under the caption "Risk Factors" in the Company's Annual Report on Form 10-K filed by the Company with the Securities and Exchange Commission that may be accessed on the Company's website. The Company cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements.
SOURCE JBT Corporation
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