CHICAGO, Aug. 19, 2013 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT AeroTech business has been awarded an airport services five-year contract at the Raleigh-Durham International Airport (RDU) that is estimated to generate in excess of $9 million in revenue during its term.
JBT AeroTech will provide comprehensive maintenance and repair services for the gate and baggage handling equipment at RDU. The contract also includes the integration and utilization of JBT AeroTech's Intelligent Operations Performance System (iOPS™) computerized maintenance management system. The patented iOPS platform provides improved airport operational efficiency through real-time monitoring, performance measurement and coordination of gate and ground support equipment.
"We have enjoyed an excellent long-term working relationship with Raleigh-Durham and are proud to be able to extend it with this new airport services contract," said John Lee, Vice President and Division Manager for JBT AeroTech.
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