2014

JBT Corporation Announces Award of $10 Million Ground Support Equipment Order

CHICAGO, April 24, 2014 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT AeroTech business has been awarded contracts amounting to approximately $10 million by a large international air carrier for the supply of aircraft deicing vehicles, cargo loaders and aircraft push back tractors.  The Tempest™ deicers, Commander loaders and B1200 push back tractors will support renewal and expansion plans throughout the air carrier's global network.

"We are very pleased that JBT AeroTech products were selected for this large GSE fleet renewal and expansion program," said David Burdakin, Vice President and Division Manager, JBT AeroTech.  "This order represents the continued confidence placed in JBT's leading GSE technology and global market support spanning more than twenty years."

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.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



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