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John Bean Technologies Corporation provides technology solutions to food and beverage industry and equipment and services to air transportation industries. The company operates through two segments: JBT FoodTech and JBT AeroTech. It offers poultry processing, mixing/grinding, injecting, marinating, tumbling, portioning, packaging, coating, cooking, frying, freezing, weighing, X-ray food inspection, and food safety solutions. The company also provides processing solutions for extracting, mixing, blending, pasteurizing, sterilizing, concentrating, high pressure processing, filling, closing, sealing, and final packaging, as well as processing equipment; and packaging systems for poultry, beef, pork, seafood, ready-to-eat meals, fruits, vegetables, dairy, bakery, pet foods, soups, sauces, and juices. In addition, it offers automated guided vehicle systems for material movement in the manufacturing, warehouse, and medical facilities. Further, the company provides mobile air transportation equipment, such as commercial and defense cargo loading, aircraft deicing, aircraft towing, and aircraft ground power and cooling systems; and fixed equipment for passenger boarding. Additionally, it offers airport equipment, systems, and facilities maintenance services to domestic and international airport authorities, passenger airlines, airfreight and ground handling companies, defense forces, and defense contractors. The company markets and sells its products and solutions through direct sales force, independent distributors, and sales representatives. John Bean Technologies Corporation was incorporated in 1994 and is headquartered in Chicago, Illinois.
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The Industrial Products sector is currently the fifth-ranked sector out of 16 Zacks sectors and several manufacturing stocks are standing out in particular....
John Bean (JBT) expects to close the Marel deal by the end of 2024, creating a combined company, JBT Marel Corporation, with estimated revenues of around $4 billion....
CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that the Icelandic Finan...
CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that it expects the Icel...
JBT (JBT) reported earnings 30 days ago. What's next for the stock?...
John Bean (JBT) is likely to gain from its expected savings from restructuring actions and a pending merger with Marel despite high costs....
CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT) announced that on May 10, 2024, its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The divi...
John Bean (JBT) reports a year-over-year improvement in Q1 earnings, courtesy of strong operational performance and the execution of its supply-chain initiatives....
John Bean Technologies Corporation (NYSE:JBT ) Q1 2024 Earnings Conference Call May 2, 2024 9:30 AM ET Company Participants Kedric Meredith - Vice President, Corporate Development and Investor Relatio...