JBT Corporation Wins $7.3 Million Gate Equipment Order for Major U.S. Airport
CHICAGO, Oct. 19 /PRNewswire-FirstCall/ -- JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business was awarded a $7.3 million contract by Turner Construction Company, the General Contractor for San Francisco International Airport's (SFO) Terminal 2 renovation and expansion project. The contract includes the supply of 14 new Jetway® passenger boarding bridges and preconditioned air units to be installed at gates in Terminal 2.
San Francisco International Airport's Terminal 2 formerly housed international flights and was closed in December 2000 when SFO's current International Terminal opened. Turner Construction is the designer and builder of SFO's Terminal 2 project to renovate the facility into a state-of-the-art domestic terminal and accommodate SFO's growth in domestic passenger traffic and airline demand for gates.
"We are very pleased to expand our relationship with SFO and with Turner Construction, whom we have also partnered with on other airport terminal projects," said John Lee, Vice President and Division Manager, JBT AeroTech. "In 1959, San Francisco International Airport was one of the first airports ever to install passenger boarding bridges. It is exciting that throughout the past fifty years, JBT AeroTech's Jetway® gate systems have continued to be installed and supported at SFO terminals."
JBT AeroTech received the order in September 2009 and anticipates completing its portion of the project in the first half of 2010 prior to the terminal's completion in the first quarter of 2011.
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 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
Investors, Cindy Shiao, +1-312-861-5931, or Media, Ken Jones, +1-312-861-6791, both of JBT Corporation