JBT Corporation Announces $4 Million Freezing Equipment Order
CHICAGO, Nov. 12, 2013 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT FoodTech business has signed a contract valued in excess of $4 million to supply freezing solutions to Belgium-based Dicogel-Begro.
JBT FoodTech will supply and integrate a freezing solution, including a multi-module Frigoscandia FLoFREEZE® freezer with sequential defrost and FRIGoPAK® refrigeration system, for the processing of frozen vegetables.
"We are very pleased with Dicogel's confidence in JBT's leading freezing technologies," said Torbjorn Arvidsson, Vice President and Division Manager for JBT FoodTech's Food Solutions and Services Division. "This project is another excellent example of how JBT FoodTech partners with our customers to meet their specific requirements for a customized solution to their frozen food product needs."
The order was received in the third quarter of 2013 with the project currently scheduled to be operational by the third quarter of 2014.
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.jbtfoodtech.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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