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JBT Corporation Announces United States Air Force Order for Halvorsen 25K Loaders

Posted on: Wednesday, 21 January 2009, 15:15 CST

CHICAGO, Jan. 21 /PRNewswire-FirstCall/ -- JBT Corporation (NYSE: JBT) announced today that its JBT AeroTech business has been awarded a United States Air Force (USAF) production contract for the Halvorsen 25K Loader program. This latest order is for $28.3 million with the loaders scheduled to be delivered in 2009 and 2010.

The Halvorsen 25K Loader is used by military forces to load, unload and transport palletized cargo on both military and commercial aircraft. JBT AeroTech has now delivered over 400 of the Halvorsen 25K Loaders to the USAF.

"We are pleased to continue to supply the U.S. Air Force's air cargo operational needs through the Halvorsen program," said John Lee, Vice President and Division Manager, JBT AeroTech. "The Halvorsen 25K Loader was designed for rapid deployment and has proven to be very 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 3,400 people worldwide and operates sales, service, manufacturing and sourcing operations located in over 25 countries. For more information please visit http://www.jbtcorporation.com or http://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 Registration Statement on Form 10 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

Source: PR Newswire

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