JBT Corporation Announces $7+ Million Juice Processing Contract
CHICAGO, March 3, 2015 /PRNewswire/ -- John Bean Technologies Corporation (NYSE: JBT) announced today that it has been awarded a contract valued in excess of $7 million with a key customer in the Middle East.
JBT will supply and integrate a new juice processing line for the production of citrus juice products in the Middle East. In addition to the complete processing line, JBT will provide its juice extractors on a long-term lease contract.
"We are very pleased with the confidence customers are expressing in JBT's leading liquid foods technologies," stated Steve Smith, President, FoodTech. "This project is another excellent example of JBT partnering with our global customers and supporting the development of emerging regional markets."
The project is currently scheduled to be operational by the first quarter of 2016.
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 FoodTech segment and for domestic and international air transportation customers through its JBT 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 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