JBT Corporation Awarded $4 Million Ground Support Equipment Order
CHICAGO, Oct. 8, 2012 /PRNewswire/ -- JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business was awarded orders in excess of $4 million by Air Namibia. The contract is for the supply of a variety of airport ground support equipment including cargo transporters, aircraft push back tractors and mobile passenger boarding steps to support the expanding domestic and intercontinental flight operations of Namibia's national air carrier.
"We are pleased to support the growth of Air Namibia," said John Lee, Vice President for JBT AeroTech Division. "This order represents JBT's ongoing commitment to partner with the African air transportation industry as it continues to update and expand ground support operations."
The order was received in the third quarter of 2012 with equipment shipments currently scheduled to begin in the fourth quarter of 2012 and continue into the first 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.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