JBT Corporation Announces Formation of JBT Equipment Finance LLC
CHICAGO, Jan. 27, 2014 /PRNewswire/ -- JBT Corporation (NYSE: JBT), a leading global technology solutions provider to the food processing and air transportation industries, today announced the formation of a wholly-owned captive equipment finance unit, JBT Equipment Finance LLC. Through this unit, the Company will offer a complement of financing products in the U.S.A. and many countries around the world.
"We have developed a global financing solution to complement our strong product lines around the world. JBT now offers not only industry leading equipment, but also competitive financing to facilitate customer investment in JBT. The formation of JBT Equipment Finance LLC, is the next logical step in providing our customers a comprehensive business solution," said Brian Deck, Executive Vice President and Chief Financial Officer.
For further information on JBT Equipment Finance LLC, contact Rich Cainan at +1 425-556-5260.
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 3,500 people worldwide and operates sales, service, manufacturing and sourcing operations located in over 25 countries. For more information, please visit www.jbtcorporation.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 2013 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.
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SOURCE JBT Corporation