JBT Corporation Wins $10 Million Gate Equipment Order for Major U.S. Airport
CHICAGO, June 12 /PRNewswire-FirstCall/ -- JBT Corporation (NYSE: JBT) today announced that the State of Hawaii awarded a $10 million contract to its JBT AeroTech business. The contract includes the supply of 15 new passenger boarding bridges and associated equipment for gates in the Diamond Head and Ewa Concourses at the Honolulu International Airport.
This is the third phase of the Hawaii Airports Modernization Program at Honolulu and represents the sixth project of upgrading passenger boarding bridges that the State has completed. JBT AeroTech has supplied all 56 of the bridges that have been included in these six projects.
"We have a long term relationship in providing Jetway® gate systems and airport services with the State of Hawaii and are very pleased to continue to expand upon our relationship through the award of this new contract," said John Lee, Vice President and Division Manager of JBT AeroTech.
JBT AeroTech expects to manufacture a majority of the equipment by the fourth quarter of 2009 and complete installation by the fourth quarter of 2010.
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
CONTACT: Investors, Cindy Shiao, +1-312-861-5931, or Media,
Ken Jones, +1-312-861-6791, both for JBT Corporation