JBT Marel Corp.
Price
$113.21
Today
-0.1%
YTD
-24.4%
John Bean Technologies Corporation is a global technology solutions provider. Operating internationally, the company focuses on the food and beverage industry, including liquid foods, proteins, and automated guided vehicle systems. Incorporated in 1994, John Bean Technologies has its headquarters in Chicago, Illinois. John Bean Technologies designs, manufactures, and services sophisticated products and systems for a wide range of customers. The company operates its business through two segments: FoodTech and AeroTech. The FoodTech segment provides a wide range of solutions from primary processing through to packaging systems for a variety of food and beverage items, juices, sauces, soups, pet foods, fruits, vegetables, ready-to-eat meals, seafood, beef, pork, and poultry. The AeroTech segment provides critical equipment and services to domestic and international air transportation customers, including aircraft de-icing, aircraft ground power and cooling systems, aircraft towing, and fixed equipment for passenger boarding. Stock for John Bean Technologies is listed on the NYSE under the ticker JBT. In addition to its other products and services, the company offers automated guided vehicle systems to move materials within manufacturing and warehouse facilities. On 2nd November 2021, John Bean Technologies announced it had acquired Urtasun Tecnología Alimentaria S.L., a provider of fruit and vegetable processing solutions, in a deal for approximately $40m. The acquisition is expected to expand the company's offering in fruit and vegetable processing. Follow JBT share price movements by adding it to your eToro watchlist.
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