JBT Corporation Wins $4 Million Gate Equipment Order for Major U.S. Airport
CHICAGO, Oct. 31, 2011
CHICAGO, Oct. 31, 2011 /PRNewswire/ -- JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business has been awarded a contract for approximately $4 million to supply gate equipment for the Dallas Fort Worth International Airport (DFW), "Satellite" Terminal E portion of the Terminal Renewal and Improvement Program. The contract, placed by the MBJ3 Joint Venture team (Manhattan Construction Company, Thos. S. Byrne, Ltd., James R. Thompson, Inc. and 3i Construction), includes the supply of seven Jetway® passenger boarding bridges, seven JetAire® preconditioned air units, seven Jetpower® ground power units and other ancillary products.
JBT AeroTech's gate equipment is part of the overall $1.9 billion, seven year Terminal Renewal and Improvement Program. The Terminal E Satellite Reactivation and Infill Project will result in the construction/renovation of 54,000 square feet of space in Terminal E, and the reactivation of seven gates at the Satellite facility.
"DFW has been an important JBT customer over the years, reflected recently by the over 80 new Jetway® passenger boarding bridges that have been installed at the airport since 2005," said John Lee, Vice President and Division Manager, JBT AeroTech. "We greatly appreciate their continued confidence in JBT AeroTech's leading gate technology and are pleased to be a key part of their important expansion program."
JBT AeroTech anticipates installation of the gate equipment to be completed in the second 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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