JBT Corporation Wins $5 Million Gate Equipment Order for Major U.S. Airport
CHICAGO , Oct. 25, 2011 /PRNewswire/ -- JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business has been awarded a contract in excess of $5 million to supply gate equipment for the Myrtle Beach International Airport (MYR). The contract, placed by Horry County, South Carolina, includes the supply of eight new Jetway® passenger boarding bridges, eight JetAire® preconditioned air units, eight Jetpower® ground power units and other ancillary products.
This contract is a part of MYR's overall estimated $130 million "Terminal Capacity Enhancement Program" to upgrade the existing terminal facilities and add a new terminal in order to meet the unprecedented regional air traffic growth experienced over the past decade.
"We are pleased to continue our relationship with Horry County and to be a part of this important investment in Myrtle Beach's future," said John Lee, Vice President and Division Manager, JBT AeroTech. "We look forward to a continued partnership in serving the region's growing air service demands."
JBT AeroTech anticipates installation of the gate equipment to be completed in the first quarter of 2012.
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
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Â 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