JBT Corporation Announces Major FoodTech Order Totaling $4 Million
CHICAGO, Jan. 30, 2012 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT FoodTech business signed a contract in excess of $4 million to supply freezing solutions for a French-based food processing plant.
JBT FoodTech will supply two multi-module Flat Product Freezers that will replace cryogenic freezing lines.
"We are very pleased with the continued confidence this order expresses 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 an excellent example of how JBT FoodTech partners with global customers and provides them with solutions that offer higher freezing capacity and lower operating costs."
The order was received in the fourth quarter of 2011 with the project scheduled to be fully operational in the fourth 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-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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