JBT Corporation Announces Automated Systems Contracts
CHICAGO, April 30, 2009 /PRNewswire-FirstCall via COMTEX/ -- JBT Corporation (NYSE: JBT) today announced it has finalized Automatic Guided Vehicle (AGV) system contracts with a U.S. headquartered global provider of consumer goods products for utilization in two European manufacturing plants. These facilities, located in France and Italy, represent the customer's fourth and fifth manufacturing plants to use JBT Corporation AGVs for material movement. The contracts encompass 28 fully automated forked vehicles which will move palletized finished goods from the end of the manufacturing line to storage areas prior to shipment.
"Our AGV systems help our manufacturing customers to reduce costs while improving their productivity," stated John Lee, Vice President and Division Manager of JBT AeroTech. "We are very proud that JBT Corporation's Automated Systems continues to be selected to deliver superior value for AGV applications."
JBT Corporation received the order in March 2009 and the systems are currently scheduled to be commissioned in the fourth quarter of 2009.
About JBT Corporation
JBT Corporation (NYSE:JBT) is a leading global 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 3,400 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.jbtc-agv.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
CONTACT: Investors, Cindy Shiao, +1-312-861-5931, or Media,
Ken Jones, +1-312-861-6791, both for JBT Corporation