CHICAGO, Dec. 5 /PRNewswire-FirstCall/ -- JBT Corporation (NYSE: JBT)
announced today that its JBT AeroTech business has commenced operations for
two new airport maintenance services contracts.
The first contract, with a freight services provider, was awarded for a
term of five and one half years and is expected to generate in excess of
$7 million in revenue over the life of the contract. JBT AeroTech will provide
comprehensive facilities maintenance services at a new North American
sortation and distribution facility.
The second contract, with a North American headquartered airline, was
awarded for a term of three years and is expected to generate in excess of
$4 million in revenue over the life of the contract. JBT AeroTech will provide
comprehensive gate and baggage handling systems maintenance services for the
airline.
"Our Airport Services business continues to grow and we are pleased to
extend our presence with these new contracts," said John Lee, Vice President
and Division Manager for JBT AeroTech. "Both of these projects will provide
our customers with improved equipment uptime, reduced maintenance costs, and
state of the art Computerized Maintenance Management Systems to improve
operational transparency."
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 3,100 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.jbtaerotech.com.
SOURCE JBT Corporation
CONTACT: Investors, Cindy Shiao, +1-312-861-5931, or Media, Ken Jones,
+1-312-861-6791, both for JBT Corporation