JBT Corporation Announces Major FoodTech Order Totaling $6.5 Million

CHICAGO, April 28, 2011 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT FoodTech business signed a $6.5 million contract to supply poultry processing and freezing solutions for a new poultry processing plant in South Korea. The contract is with Charmfre Co. Ltd., a Korea-based producer of poultry products.

JBT FoodTech will supply and integrate three full cooking and freezing lines for poultry products as well as two standalone freezers for poultry parts and two Revorack ovens for the cooking of whole ducks.  

"We are very pleased with Charmfre's confidence in JBT's leading protein processing and freezing technologies," said Torbjorn Arvidsson, Vice President and Division Manager for JBT FoodTech's Food Solutions and Services Division. "This project is another excellent example of how JBT FoodTech partners with customers to provide integrated systems to deliver a full range of poultry products."

The order was received in the first quarter of 2011 with the project scheduled to be fully operational in the first 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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