JBT Corporation Awarded $7 Million Ground Support Equipment Order
CHICAGO, Oct. 16, 2012 /PRNewswire/ -- JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business was awarded a contract in excess of $7 million by a large international air carrier. The orders are for the supply of new Commander™ aircraft cargo loaders to be used at airports throughout their global network.
"We are pleased to be selected by one of the world's leading air carriers to support their ground support equipment fleet renewal plans," said John Lee, Vice President and Division Manager, JBT AeroTech. "This order represents the continued confidence placed in JBT's leading cargo loading technology as well as our global aftermarket support network."
The orders were received in the third quarter of 2012 with delivery of the equipment scheduled to be completed in the fourth quarter of 2012.
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