JBT Corporation Awarded $20 Million in Orders for Liquid Foods Equipment
CHICAGO, Feb. 17, 2015 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that it has been awarded contracts amounting to nearly $20 million from customers in Asia for hydrostatic sterilization solutions.
"We are very pleased with the confidence expressed by the liquid foods processing industry in Asia in JBT's leading sterilization technologies," said Steve Smith, President, FoodTech. "We acquired the hydrostatic sterilizer technology through our 2014 acquisition of ICS Solutions B.V. These significant customer order wins are a testament to our ability to successfully integrate the company and offer our customers a more comprehensive line of global solutions for their liquid foods processing needs."
The hydrostatic sterilization equipment will be utilized to process dairy and dairy-alternative liquid foods products in a variety of packages.
The orders were received in the first quarter of 2015 with delivery on the projects expected to be completed by the third 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 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 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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jbt-corporation-awarded-20-million-in-orders-for-liquid-foods-equipment-300036899.html
SOURCE JBT Corporation