JBT Corporation Announces Award of New Juice Processing Project in Dubai, UAE
CHICAGO, Feb. 24, 2011 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT FoodTech business signed two contracts with Aujan Industries Co. (Aujan) for a total of euro 6.1 million (approximately U.S. $8 million). Aujan is the largest privately owned beverage and confectionery company in the Middle East.
JBT FoodTech will provide two complete high-speed lines to process Aujan's unique beverage recipe of smooth juice with real fruit pieces. The solution enables the unloading of citrus pulp cells; the dosing and mixing of both intact pulp cells and juice at constant ratios; the pasteurization of the pulpy fruit beverage; and the filling into retail containers.
"We are very pleased with the opportunity to continue supporting Aujan's impressive success in pulpy fruit juices and beverages," said Juan Podesta, Vice President and General Manager for JBT FoodTech's Food Processing Systems Division. "We value our long lasting relationship with Aujan, which has led to steady improvements to enhance Aujan's process efficiency and product quality."
The order was received late in the fourth quarter of 2010 with the project currently scheduled to be operational in the third 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.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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