NEW YORK, Aug 04, 2008 (BUSINESS WIRE) -- John Bean Technologies Corporation (JBT Corporation), a leading global technology solutions provider to the food processing and air transportation industries, today rang The Opening Bell(SM) at the New York Stock Exchange to celebrate its August 1 listing. The Chicago-based company began trading on the NYSE under the ticker symbol "JBT" following its spin-off from FMC Technologies, Inc. (NYSE: FTI).
"We are delighted to welcome John Bean Technologies Corporation to our growing family of NYSE-listed companies," said NYSE Euronext Group Executive Vice President and Head of Global Listings, Catherine R. Kinney. "We look forward to a beneficial and lasting partnership and to providing the company and its shareholders with the highest levels of service, and global brand visibility associated with listing on NYSE Euronext markets."
"Today's, ringing of The Opening Bell(SM) represents the final step of our spin-off process and also marks an initial step in the history of our new company, JBT Corporation. We are thrilled to be able to celebrate this momentous occasion here at the NYSE and we look forward to a rewarding relationship with the NYSE," commented Charlie Cannon, Chairman and CEO of JBT Corporation.
Mr. Cannon, accompanied by company executives, commemorated the company's listing on the NYSE by ringing today's Opening Bell. NYSE Euronext CEO Duncan L. Niederauer joined the group on the bell podium.
About JBT Corporation
JBT Corporation (NYSE: JBT) is a leading global solutions provider to the food processing and air transportation industries. The Company 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 segments. JBT Corporation employs approximately 3,100 people and operates 16 manufacturing facilities in 10 countries. For more information please visit www.jbtcorporation.com.
About NYSE Euronext
NYSE Euronext (NYX) operates the world's leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation. Its family of exchanges, located in six countries, includes the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms. NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions. As the world's largest exchange group by number of listings and market capitalization, NYSE Euronext is home to over 4,400 listed companies representing a combined $26.7 / 17.1 EUR trillion (as of June 30, 2008) in total global market capitalization, more than four times that of any other exchange group. NYSE Euronext's equity exchanges transact an average daily trading value of approximately $157.0 /102.7 EUR billion (as of June 30, 2008), which represents more than one-third of the world's cash equities trading. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information and free real-time stock prices for all NYSE-listed securities, please visit www.nyx.com.
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SOURCE: NYSE Euronext