JBT Corporation Wins $5 Million Gate Equipment Order for South Africa's Flagship Airport
CHICAGO, March 4, 2014 /PRNewswire/ -- JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business has been awarded a contract valued in excess of $5 million for the supply of gate equipment to O.R. Tambo International Airport in Johannesburg, South Africa.
The contract with Airports Company South Africa includes the supply of Jetway® passenger boarding bridges as part of the airport's ongoing terminal infrastructure updates.
"We believe the awarding of this business will continue strengthening our relationship with Airports Company South Africa," said Dave Burdakin, Vice President and Division Manager, JBT AeroTech. "Our entire team is pleased to significantly contribute to the success of this key expansion project at South Africa's primary hub airport."
JBT AeroTech anticipates the project to be completed by the fourth quarter of 2015.
About JBT Corporation:
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 3,300 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.
About O.R. Tambo International Airport:
O.R. Tambo International Airport is the largest and one of the busiest airports on the African Continent. The airport facilitates nearly 19 million passengers a year with a total passenger capacity of 28 million.
SOURCE JBT Corporation