JBT Corporation Announces Major Ground Support Equipment Order in China
CHICAGO, Feb. 18 /PRNewswire-FirstCall/ -- JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business has been awarded contracts by China Southern Airlines for airport ground support equipment totaling $6.4 million. The order includes the supply of JBT AeroTech's Commander 15i and 30i cargo loaders and Expediter towbarless pushback and maintenance tow tractors.
"We are very pleased to expand upon our long term relationship with China Southern Airlines," says John Lee, Vice President and Division Manager of JBT AeroTech. "This order highlights our continued commitment and capabilities to support the local Chinese air transportation industry."
Equipment delivery is scheduled for the second 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 3,400 people worldwide and operates sales, service, manufacturing and sourcing operations located in over 25 countries. For more information, please visit http://www.jbtcorporation.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 Registration Statement on Form 10 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 of JBT Corporation