News Details

JBT Corporation Wins $6 Million Gate Equipment Order for Major U.S. Airport

October 24, 2011

CHICAGO, Oct. 24, 2011 /PRNewswire/ -- JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business has been awarded a contract in excess of $6 million to supply gate equipment for the Delta Air Lines JFK Terminal Four Concourse B Expansion and Renovation project.  The contract, placed by the joint venture of Turner Construction Company and Peter Scalamandre & Sons, includes the supply of nine new Jetway® passenger boarding bridges, thirteen JetAire® preconditioned air units, nine Jetpower® ground power units and other ancillary products.

This Terminal 4 contract is part of the overall $1.2 billion dollar renovation project intended to expand Delta's JFK international terminal facilities and enhance the customer experience for the over 11 million Delta travelers annually flying through JFK.

"We are very pleased with our long-term relationship with Turner Construction Company, Delta Air Lines and JFK International Airport and appreciate their continued confidence in JBT AeroTech's leading gate technology," said John Lee, Vice President and Division Manager, JBT AeroTech. "We are honored to support one of the key U.S. gateways in meeting the demands of 21st century air travel."

The order was received in the third quarter of 2011 with the installation of the gate equipment anticipated to be complete in the third quarter of 2012.

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

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