JBT Corporation Announces Award of New Citrus Processing Project in Spain
CHICAGO, Nov. 24 /PRNewswire-FirstCall/ -- JBT Corporation (NYSE: JBT) announced today that its JBT FoodTech business has signed a 5.2 million euro (US $6.7 million) contract for a new citrus processing project with Valencia, Spain-based Zumos Valencianos del Mediterraneo, S.A. ("Zuvamesa").
Zuvamesa, a consortium of 57 of the largest fresh citrus exporters in Spain, awarded JBT FoodTech this comprehensive juice production contract to equip their newly constructed facility with processing equipment from the initial unloading of the fruit at the plant through citrus juice and pulp production. The equipment utilized will be sourced from JBT FoodTech facilities in Brazil, Italy, and the United States as well as from local, third party suppliers. This new Zuvamesa facility will produce "not-from-concentrate" orange juice primarily for major local retailers, as well as for export into the growing European citrus juice market.
"We are very pleased with Zuvamesa's confidence in JBT's leading citrus technology and proven track record for field service and technical support. This project provides continuity to our efforts and long-term commitment to support the citrus industry expansion in Spain," said Juan Podesta, Vice President and General Manager for JBT FoodTech's Food Processing Systems Division.
The project is currently scheduled to be operational in the fourth quarter of 2009.
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 3,100 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.jbtfoodtech.com.
SOURCE JBT Corporation
CONTACT: Investors, Cindy Shiao, +1-312-861-5931, or Media, Ken Jones, +1-312-861-6791, both of JBT Corporation