JBT Corporation Announces $22 Million Jetway® Aviation Support Equipment Orders
CHICAGO, Dec. 20, 2013 /PRNewswire/ -- JBT Corporation(NYSE: JBT) announced today that its JBT AeroTech business has been awarded additional contracts valued in excess of $22 million for Jetway® aviation support equipment (JASE) by a global airframe manufacturer.
The mobile air conditioner carts and air compressors being supplied will provide on-the-ground compressed air services for aircraft control system testing and maintenance. The JASE units will be delivered throughout 2014-2018, bringing the total contracted number of units for this airframe manufacturer to over 120.
"We are very pleased with the confidence these follow-on orders express in our JASE mobile air units and their ability to support varied operational conditions," said Tom Giacomini, President and Chief Executive Officer, JBT Corporation.
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.jbtaerotech.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