CHICAGO, Jan. 26 /PRNewswire-FirstCall/ -- JBT Corporation (NYSE: JBT)
announced today that its JBT AeroTech business has been awarded a new airport
services contract with the City of Houston, Texas. The three year contract,
with options for an additional two years, is expected to generate in excess of
$7.5 million in revenue over the initial three years of the contract.
JBT AeroTech will provide comprehensive gate and baggage handling
maintenance services for the equipment that the Houston Airport System owns at
George Bush International Airport/Houston (IAH) and at William P. Hobby
Airport (HOU). JBT AeroTech will also implement a customized Computerized
Maintenance Management System (CMMS) to provide improved maintenance
efficiency and reliability.
"We are pleased to expand our presence in Houston through this new
contract," said John Lee, Vice President and Division Manager for JBT
AeroTech. "With this agreement, the Houston Airport System is partnering with
JBT to ensure their airports 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.
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 Registration Statement on Form 10 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
CONTACT: Investors, Cindy Shiao, +1-312-861-5931, or Media, Ken Jones,
+1-312-861-6791, both for JBT Corporation