JBT Corporation Wins $19 Million Gate Equipment Order
CHICAGO, Jan. 14, 2014 /PRNewswire/ -- JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business has been awarded a contract valued in excess of $19 million for a major airport in Asia. The contract includes the supply of Jetway® Passenger Boarding Bridges, JetPower® Ground Power Units and JetAire® Preconditioned Air Units.
"We are very pleased to be a part of this important regional development program," said Dave Burdakin, Vice President and Division Manager, JBT AeroTech.
JBT AeroTech anticipates delivery of gate equipment to begin in the third quarter of 2014 with the project complete by the fourth quarter of 2015.
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.jbtaerotech.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