JBT Corporation Announces Award of Juice Processing Project
CHICAGO, Oct. 11, 2011 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT FoodTech business signed a contract with a multi-national food company for a total of euro 3 million (approximately U.S. $4.3 million).
JBT FoodTech will provide a complete new fruit-based beverage line to be installed in a facility in the Middle East. The new beverage line will be used to blend mango, peach, pineapple and orange juice based drinks.
"We are very pleased with the fruit-based beverage industry's confidence in JBT's leading fruit process and sterilization technologies, and proven track record for field service and technical support," said Juan Podesta, Vice President and General Manager for JBT FoodTech's Food Processing Systems Division.
The order was received in the third quarter of 2011 with the project currently scheduled to be operational in the second quarter of 2012.
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 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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