CHICAGO, Dec. 5, 2012 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT FoodTech business has signed a contract valued in excess of $5 million with a North American-based food processor.
"We are very pleased with the confidence this order expresses in JBT's leading sterilization technologies," said Steve Smith, Vice President and General Manager for JBT FoodTech's Food Processing Systems Division. "This project is an excellent example of how JBT continues to increase the installed base of retort systems for the pouch market segment as new innovative packaging becomes more widely accepted."
The project is scheduled for completion by 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