CHICAGO, July 26, 2012 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT FoodTech business signed a contract with a global food and beverage company in excess of €5 million (approximately U.S. $6.7 million).
JBT FoodTech will provide a completely new fruit-based beverage blending line to be installed in Asia. This new beverage line will be used for the production of orange juice-based drinks.
"We are very pleased with the continued confidence expressed by the fruit-based beverage industry in JBT's leading fruit processing and sterilization technologies," said Steve Smith, Vice President and General Manager for JBT FoodTech's Food Processing Systems Division.
The order was received in the second quarter of 2012 with the project currently scheduled to be operational in the second 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.jbtfoodtech.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 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