CHICAGO, Oct. 1, 2015 /PRNewswire/ -- JBT
Corporation (NYSE: JBT), a global technology solutions
provider to the food processing and air transportation industries,
announced today the completion of its previously disclosed
agreement to acquire the shares of A&B Process Systems.
The agreement to purchase the shares was announced on
September 2, 2015.
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 3,700 people
worldwide and operates sales, service, manufacturing and sourcing
operations located in over 25 countries. For more
information, please visit
www.jbtcorporation.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 2014 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.
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SOURCE JBT Corporation