JBT Corporation Announces Major FoodTech Order Totaling $6.1 Million
20 January 2010 - 2:25AM
PR Newswire (US)
CHICAGO, Jan. 19 /PRNewswire-FirstCall/ -- JBT Corporation
(NYSE:JBT) announced today that its JBT FoodTech business has
signed a $6.1 million contract to supply freezing solutions for a
new plant in Hau Giang province, Vietnam. The contract is with Minh
Phu Seafood Joint Stock Company (MPC), a large Vietnam-based
seafood processor. JBT FoodTech will supply and integrate eight
Advantec(TM) impingement freezers and four GYRoCOMPACT® spiral
freezers for the new Hau Giang facility. MPC has been Vietnam's
leading shrimp producer for the last ten years and this new plant
will enable them to double the amount of shrimp they process for
worldwide export. "We are very pleased with MPC's confidence in
JBT's leading freezing technologies and proven track record for
field service and technical support," said Torbjorn Arvidsson, Vice
President and Division Manager for JBT FoodTech's Food Solutions
and Services Division. "This project is an excellent example of how
JBT FoodTech partners with global customers and supports the
development of regional food industries." The project is currently
scheduled to be operational in 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 3,300 people worldwide and
operates sales, service, manufacturing and sourcing operations
located in over 25 countries. For more information please visit
http://www.jbtcorporation.com/ or http://www.jbtfoodtech.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. DATASOURCE: JBT Corporation CONTACT:
Investors, Cindy Shiao, +1-312-861-5931, or Media, Ken Jones,
+1-312-861-6791, both for JBT Corporation Web Site:
http://www.jbtcorporation.com/ http://www.jbtfoodtech.com/
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