CHICAGO, Jan. 19 /PRNewswire-FirstCall/ -- JBT Corporation (NYSE: JBT) announced today that its JBT FoodTech business has signed a $6.1 million contract to supply freezing solutions for a new plant in Hau Giang province, Vietnam. The contract is with Minh Phu Seafood Joint Stock Company (MPC), a large Vietnam-based seafood processor.
JBT FoodTech will supply and integrate eight Advantec™ impingement freezers and four GYRoCOMPACT® spiral freezers for the new Hau Giang facility. MPC has been Vietnam's leading shrimp producer for the last ten years and this new plant will enable them to double the amount of shrimp they process for worldwide export.
"We are very pleased with MPC's confidence in JBT's leading freezing technologies and proven track record for field service and technical support," said Torbjorn Arvidsson, Vice President and Division Manager for JBT FoodTech's Food Solutions and Services Division. "This project is an excellent example of how JBT FoodTech partners with global customers and supports the development of regional food industries."
The project is currently scheduled to be operational in the fourth quarter of 2010.
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.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-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