JBT is a leading global technology solutions provider to high-value segments of the food and beverage industry. JBT designs, produces, and services products and systems for a broad range of end markets, generating roughly one-half of annual revenue from recurring parts, service, rebuilds, and leasing operations. JBT’s Elevate 2.0 strategy was introduced in March of 2022, positioning the Company for continued, profitable growth and making JBT a partner of choice with customers. The pillars of the Elevate 2.0 strategy include organic growth, digital transformation, margin enhancement, strategic acquisitions, and sustainability and responsibility.