CHICAGO, May 7 /PRNewswire-FirstCall/ -- JBT
Corporation (NYSE: JBT) announced today that its JBT FoodTech
business has signed contracts valued at $5.4
million to supply freezing solutions for two Germany-based food processing plants. The
contracts are with OSI Food Solutions GmbH, a German subsidiary of
the Chicago-based OSI Group. The
OSI Group is a global leader in providing quality food products to
many of the world's leading food companies and quick service
restaurants.
JBT FoodTech will supply one OSI plant with a higher capacity,
lower operating cost hamburger patty freezing line to replace
cryogenic freezing lines. At another OSI plant, a new freezer
system was designed for freezing poultry products and providing
higher throughput and operating availability than existing
equipment. Both new freezing solutions will utilize JBT FoodTech's
unique high performance, energy efficient FRIGoPAK® refrigeration
system.
"We are very pleased with OSI's confidence in JBT's leading
freezing technologies," 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 orders were received between March and April and both
projects are scheduled for completion in the third 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
www.jbtcorporation.com or 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.
SOURCE JBT Corporation