News Details

JBT Corporation Announces United States Air Force Contracts for Halvorsen 25K Services

April 11, 2011

CHICAGO, April 11, 2011 /PRNewswire via COMTEX/ --JBT Corporation (NYSE: JBT) announced today that its JBT AeroTech business has been awarded service contracts totaling nearly $7 million by the United States Air Force to support their fleet of Halvorsen 25K Loaders. The contracts continue through March 2012.

The Halvorsen 25K Loader is used by the military to load, unload and transport palletized cargo as well as rolling stock (vehicles) on both military and commercial aircraft. JBT AeroTech has now delivered over 480 Halvorsen 25K Loaders to the United States Air Force, Navy, Army and other international forces.

"We are very proud to support the mission critical engineering and logistics needs of the U.S. Air Force through our Halvorsen program," said John Lee, Vice President and Division Manager, JBT AeroTech. "The Halvorsen 25K Loader has proven to be extremely reliable under the most rigorous and demanding of conditions."

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.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 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