JBT Corporation Awarded a $20+ million Order for Jetway® Boarding Bridges and Other Equipment by the Metropolitan Nashville Airport Authority

CHICAGO, January 2016 — JBT Corporation (NYSE: JBT) announced today that its JBT AeroTech business has been awarded a contract, through a competitive bid selection process, exceeding $20 million to supply gate equipment for the Metropolitan Nashville International Airport. The order, placed by the Metropolitan Nashville Airport Authority, includes 36 Jetway® passenger boarding bridges, JetAire® preconditioned air units, and Jetpower® 400 Hz ground power units as gate improvements to Concourses A, B, and C in Nashville.

JBT, acting as OEM for much of the equipment as well as overall system integrator for the gate improvements, will also be providing power upgrades, cable management systems, 28.5VDC systems, gate-box step down transformers, wheelchair lifts and baggage slides for many of the gates along with the new boarding bridges.

“JBT is proud to be selected by the Metropolitan Nashville Airport Authority as a key partner in this transformational project.” noted Dave Burdakin, President, JBT AeroTech.

The Company anticipates installation activities to begin in May 2016, continuing for approximately 18 months.