XNYS
JBTM
Market cap3.32bUSD
Oct 08, Last price
105.36USD
1D
0.99%
1Q
-22.81%
Jan 2017
22.58%
IPO
680.44%
Name
John Bean Technologies Corp
Chart & performance
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Profile
JBT, or John Bean Technologies Corporation, specializes in delivering cutting-edge technological solutions to both the food and beverage sectors and the air transportation industry. Its operations are segmented into two distinct divisions: JBT FoodTech and JBT AeroTech. Under JBT FoodTech, the company furnishes a comprehensive suite of solutions for food processing, including tasks such as poultry preparation, mixing and grinding, injection, marination, tumbling, portioning, coating, cooking, frying, freezing, and packaging. It also provides advanced weighing, X-ray inspection, and vital food safety technologies. Beyond solid food applications, JBT supplies specialized processing equipment for liquids, covering everything from extracting, mixing, and blending to pasteurizing, sterilizing, concentrating, high-pressure processing, filling, closing, sealing, and ultimate packaging. Their extensive range of packaging systems is designed for a diverse array of products, including poultry, beef, pork, seafood, ready-to-eat meals, fresh produce, dairy items, baked goods, pet food, soups, sauces, and juices. Furthermore, JBT develops automated guided vehicle (AGV) systems to optimize material flow within manufacturing plants, warehouses, and medical establishments. Shifting to air transportation, the JBT AeroTech division provides essential equipment for airport operations. This encompasses mobile assets like cargo loaders for both commercial and defense sectors, aircraft de-icers, tow vehicles, and ground power and cooling systems, alongside fixed installations such as passenger boarding bridges. This segment also delivers critical maintenance and support services for airport equipment, systems, and overall facilities. Its clientele includes domestic and international airport authorities, commercial passenger airlines, airfreight and ground handling firms, and various defense organizations and contractors. JBT distributes its offerings globally via its direct sales force, independent distributors, and a network of sales representatives. Established in 1994, John Bean Technologies Corporation maintains its headquarters in Chicago, Illinois.
Related entities
Subsidiaries (8)
JBT AeroTech Corporation
JOHN BEAN TECHNOLOGIES
John Bean Technologies AB
John Bean Technologies Europe B.V.
Marel Red Meat B.V.
Marel Water Treatment B.V.
Marel Holding B.V.
Key people
Thomas W. Giacomini
Chairman of the Board, President, Chief Executive Officer · since 2014
Jason T. Clayton
Executive Vice President - Human Resources · since 2016
Brian A. Deck
Chief Financial Officer, Executive Vice President · since 2014
Carlos Fernandez
Executive Vice President, President - Liquid Foods · since 2017
Bryant K. Lowery
Executive Vice President, Chief Procurement Officer · since 2018
Megan J. Rattigan
Vice President, Investor Relations and Controller · since 2019
James L. Marvin
Executive Vice President, General Counsel, Assistant Secretary · since 2018
Independent Director · since 2019
Independent Director · since 2008
Independent Director · since 2008
Lead Independent Director · since 2019
Independent Director · since 2020
Polly B. Kawalek
Independent Director · since 2008
Emmanuel Lagarrigue
Independent Director · since 2019
Headquarters & legal address
C/O THE CORPORATION TRUST COMPANY
CORPORATION TRUST CENTER 1209 ORANGE ST
WILMINGTON, DE 19801
US
CORPORATION TRUST CENTER 1209 ORANGE ST
WILMINGTON, DE 19801
US
Previous name
JOHN BEAN TECHNOLOGIES CORPORATION
Valuation
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