CHICAGO, Aug. 19, 2013 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT AeroTech business has been awarded an airport services five-year contract at the Raleigh-Durham International Airport (RDU) that is estimated to generate in excess of $9 million in revenue during its term.
JBT AeroTech will provide comprehensive maintenance and repair services for the gate and baggage handling equipment at RDU. The contract also includes the integration and utilization of JBT AeroTech's Intelligent Operations Performance System (iOPS™) computerized maintenance management system. The patented iOPS platform provides improved airport operational efficiency through real-time monitoring, performance measurement and coordination of gate and ground support equipment.
"We have enjoyed an excellent long-term working relationship with Raleigh-Durham and are proud to be able to extend it with this new airport services contract," said John Lee, Vice President and Division Manager for JBT AeroTech.
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 3,200 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
|JBT Corporation Wins $4 Million Equipment Order for JFK International Airport (2013/11/8)|
|JBT Corporation Wins $9 Million Equipment Order for Honolulu International Airport (2013/11/7)|
|JBT Corporation Wins $7 Million Equipment Order for Charleston International Airport (2013/10/11)|
|JBT Corporation Announces AGV System Contracts from Ford (2013/9/12)|
|Hill International Receives Contract to Provide Program Management Services at Salt Lake City International Airport ()|
|LUV Lands In West Michigan! Southwest Airlines Launches Service At Gerald R. Ford International Airport (2013/8/11)|
|Spirit Airlines Announces Service From Phoenix Sky Harbor International Airport to Dallas/Fort Worth, Chicago and Denver ()|
|Spirit Airlines Starts Service from Phoenix Sky Harbor International Airport to Chicago, Denver and Minneapolis-St. Paul (2013/11/7)|
|Harris Corporation Awarded $150 Million Contract for FAA’s NextGen Data Communications Program ()|
|Foster Wheeler Awarded PMC Services Contract for a Grassroots Refinery and Petrochemical Complex in Vietnam (2013/7/30)|
|Start Premium Trial||Register For Free|
|P||F||Fund Financial Data (13,000+ funds)|
|P||F||Stock Financial Data (7,000+ stocks)|
|P||F||Stock and Fund Screeners (basic)|
|P||F||Investing Articles and Market Commentary|
|P||F||Articles Archive (>30 days)|
|P||F||Discuss (dozens of stock, fund, bond, and general bulletin boards)|
|P||F||Portfolio Manager (basic)|
|P||F||Morningstar Investment Classroom|
|P||F||Access Your Portfolio Anytime, Anywhere via Your Mobile Device|
|P||Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)|
|P||Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)|
|P||Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)|
|P||Portfolio Monitor (monthly and on-demand personalized portfolio statements)|
|P||Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)|
|P||Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters|
|P||Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)|
|P||Discounts on Morningstar newsletters, books, seminars, and more|
Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.
Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.