JBT Corporation Awarded $4 Million Gate Equipment Order for Canary Islands Airport

CHICAGO, Aug. 28, 2012 /PRNewswire/ -- JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business has been awarded an order in excess of $4 million to supply Jetway® Passenger Boarding Bridges to the Gran Canaria Airport (LPA). The order is a portion of a terminal expansion project contract awarded by AENA Aeropuertos Espanoles y Navegacion Aerea to a joint venture between Siemens S.A. and JBT Corporation.

LPA is the fifth largest Spanish airport and the largest airport of the Canary Islands. The airport expansion is part of a more than €163 million improvement initiative that will increase airport capacity while also maximizing the airport's capability to service wide body aircraft.

"We are very pleased to participate in this key expansion project to position Gran Canaria for future growth," said John Lee, Vice President and Division Manager, JBT AeroTech.

The gate equipment installation is expected to be complete by the third quarter of 2014.

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



RELATED LINKS
http://www.jbtcorporation.com
http://www.jbtaerotech.com

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