JBT Corporation Announces Award of New Tomato Processing Project in China

CHICAGO, Jan. 11, 2011 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT FoodTech business signed a Euro 6.3 million (approximately US $8 million) contract with China Haohan Group Ltd. JBT FoodTech will supply the equipment, including evaporation, flash cooling and aseptic sterilization technologies, to provide high capacity production of tomato paste for a new plant in the Xinjiang Province of China. China Haohan Group is one of the largest producers and exporters of tomato paste in China.

"We are very pleased with Haohan's confidence in JBT's leading tomato processing technology, customer service, and support capabilities," said Juan Podesta, Vice President and General Manager for JBT FoodTech's Food Processing Systems Division.

The order was received 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

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED