JBT Corporation Wins $7+ Million Gate Equipment Order for Major U.S. Airport
CHICAGO, Jan. 31, 2012 /PRNewswire/ --JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business has been awarded a contract exceeding $7 million to supply gate equipment for the Dallas Love Field Modernization Program. The contract, placed by the Love Field Modernization Corporation, includes the supply of twenty new Jetway® passenger boarding bridges.
The Jetway® boarding bridges are part of the $519 million renovation project to modernize the existing facilities. The project eliminates the existing three concourses and replaces them with a single concourse for all airlines.
"We are very pleased to supply boarding bridges to Love Field in this important modernization program," said
John Lee, Vice President and Division Manager, JBT AeroTech.
JBT AeroTech anticipates installation of the gate equipment beginning in the first quarter of 2013 and completion in the fourth quarter of 2014.
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 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