JBT Corporation Announces Contract Awards for Cooking and Freezing Solutions

CHICAGO, Feb. 25, 2013 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT FoodTech business signed contracts exceeding $4 million for the supply of new cooking and freezing solutions to a North American-based retail food products company.

JBT FoodTech will supply and integrate Double D™ Revoband grill marker and ovens as well as Frigoscandia® GYRoCOMPACT® M10 freezer and LVS refrigeration feed system for the production of frozen meat and packaged products.

"We are very pleased with the confidence this order expresses in JBT's leading cooking, freezing and refrigeration technologies," stated Torbjorn Arvidsson, Vice President and Division Manager for JBT FoodTech's Food Solutions and Services Division.

The project is currently scheduled to be operational in the third quarter of 2013.

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 3,200 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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