World Library  
Flag as Inappropriate
Email this Article

JBT Corporation

Article Id: WHEBN0018609954
Reproduction Date:

Title: JBT Corporation  
Author: World Heritage Encyclopedia
Language: English
Subject: Pittsburgh International Airport, List of companies in the Chicago metropolitan area, Companies listed on the New York Stock Exchange (J), FMC Technologies
Collection:
Publisher: World Heritage Encyclopedia
Publication
Date:
 

JBT Corporation

JBT Corporation
Public (JBT)
Founded 1884 (as the Bean Spray Pump Company)
1928 (as Food Machinery Corporation)
2001 (as FMC Technologies, Inc)
2008 (as JBT Corporation)
Headquarters Chicago, Illinois, USA
Key people Charles H. Cannon, Chairman, President and CEO
Products Food processing equipment
Jetways
Revenue Increase $841.6 Million USD (2009)
Net income Increase $32.8 Million USD (2009)
Employees 3,300 (2009)
Website [1]

JBT Corporation is an American food processing machinery and airport equipment company. JBT Corporation was incorporated in 2008 when FMC Technologies divested its non-energy businesses. JBT Corporation is based in Chicago, Illinois. Its Airport Equipment Division manufactures and services the Jetway brand of airport passenger loading bridges and other Ground Support Equipment such as Cargo Loaders, Deicers and pushback tractors.

History

The Bean Spray Pump Company

Founded in 1883 as the Bean Spray Pump Company in Los Gatos, California[1] by John Bean. The company's first product was a piston pump. Bean invented the pump to spray insecticide on the many fruit orchards in the area. A Bean sprayer is on display at the Forbes Mill museum there.[2] Bean Avenue in downtown Los Gatos is named after John Bean.

FMC

In 1928, Bean Spray Pump purchased Anderson-Barngrover Co. and Sprague-Sells, and changed its name to Food Machinery Corporation, and began using the initials FMC. FMC received a contract to design and build landing vehicles tracked for the United States War Department in 1941. FMC also built the M113 (APC) Armored Personnel Carrier and the Bradley Fighting Vehicle as well as the XR311 at its former facility in Santa Clara, California. The troubled development of the Bradley was satirized in the 1998 HBO movie The Pentagon Wars. In the movie FMC was fictionalized as A.O.C corporation. Bean also manufactured fire fighting equipment in the 1960s through the 1980s under the FMC and the Bean names.

FMC also produced fire truck fire pumps and pumper bodies, and had an OEM arrangement with LTI (Ladder Towers Inc.) to market aerial ladders. In the early 1980s the Fire apparatus division of FMC tried to expand its role in aerial ladders on fire trucks, leveraging the Link-Belt crane division. FMC was ultimately unsuccessful in its expansion into production of aerial ladders. The FMC Fire Apparatus division was also ultimately shut down in 1990.[3]

Spinoffs

In 1946, FMC bought out Bolens Lawn And Garden Equipment. FMC changed names again in 1948, becoming Food Machinery and Chemical Corporation. In 1961 the name was changed to FMC Corporation.

In 1967, the FMC Corporation merged with the Link-Belt Company. The company produced FMC Link-Belt branded cranes and excavators. In 1986, the Link-Belt Construction Equipment Company was formed as a joint venture between FMC Corporation and Sumitomo Heavy Industries.

Between 1965 and 1985 FMC was the owner of the Gunderson metal works in Oregon USA, during that period it was known as the 'Marine and Rail Equipment Division of FMC' (MRED), it was sold in 1985 to The Greenbrier Companies.[4]

In the 1980s, 1990s, and 2000s (decade), FMC Corporation began spinning several of its divisions into separate companies, including United Defense and FMC Technologies, and selling its divisions, including the John Bean Company, now a subsidiary of Snap-on Equipment, a division of Snap-on. Bolens was sold to Troy Built in 1991.

On April 30, 2008, FMC Technologies announced the spinoff of its airport and food equipment businesses into a separate company named John Bean Technologies Corporation, headquartered in Chicago, Illinois. JBT is named after the spray pump inventor whose business was the foundation of FMC Corp.

Organization

JBT Corporation is organized in two business segments: JBT FoodTech and JBT AeroTech.

JBT FoodTech provides solutions and services for food processing companies. Markets served include:

  • freezer solutions for the freezing and chilling of meat, seafood, poultry, ready-to-eat meals, fruits, vegetables and bakery products
  • protein processing solutions that portion, coat and cook poultry, meat, seafood, vegetable and bakery prod that extract, concentrate and aseptically process citrus, tomato and other fruits

JBT AeroTech markets solutions and services to airport authorities, airlines, airfreight and ground handling companies. Product offerings include:

  • ground support equipment for cargo loading, aircraft deicing and aircraft towing
  • gate equipment for passenger boarding and on-ground aircraft power and cooling
  • airport services for maintenance of airport equipment, systems and facilities

JBT AeroTech also supplies the United States military with equipment for cargo loading, aircraft towing, and aircraft cooling.

In addition, JBT Corporation has an automated guided vehicle business that supplies solutions for material handling in the automotive, printing, food & beverage, manufacturing, warehouse, and hospital industries.

References

Chicago portal
Companies portal

External links

  • JBT Corporation
  • "AGV and Automated Systems Division"
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.