News Details

JBT Corporation Announces Major Maintenance Service Contract for Orange County, California's John Wayne Airport

January 14, 2009

CHICAGO, Jan. 14 /PRNewswire-FirstCall/ -- JBT Corporation (NYSE: JBT) announced today that JBT AeroTech has been awarded the maintenance service contract for Orange County, California's John Wayne Airport. The contract is for three years and is expected to generate in excess of $13 million in revenue over the life of the contract. The contract also includes an option to extend for two additional one year periods.

The scope of the contract includes monitoring and maintaining all passenger boarding bridges, pre-conditioned air units, aircraft ground power units and baggage handling systems at the airport. JBT AeroTech, a former wholly owned FMC Technologies' subsidiary, has been providing John Wayne Airport with maintenance and management services since 1992.

"We are pleased to extend our long running and mutually beneficial relationship with Orange County," said John Lee, Vice President and Division Manager for JBT AeroTech. "With this new agreement, the John Wayne Airport will continue to lead the region in customer satisfaction and operating efficiency."

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 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