1

John Bean Technologies

#3051

Rank

$3.99B

Marketcap

US United States

Country

John Bean Technologies
Leadership team

Mr. Brian A. Deck (Pres, CEO & Director)

Mr. Matthew J. Meister (Exec. VP & CFO)

Mr. James L. Marvin (Exec. VP, Gen. Counsel & Assistant Sec.)

Products/ Services
Food Processing, Hardware, Manufacturing, Software
Number of Employees
1,000 - 20,000
Headquarters
Chicago, Illinois, United States
Established
1894
Company Registration
SEC CIK number: 0001433660
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
JBT
Social Media
Overview
Location
Summary
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.
History

The Bean Spray Pump Company

Founded in 1884 as the Bean Spray Pump Company in Los Gatos, California by orchardist John Bean. The company's first product was a piston pump, which 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. 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 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 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.

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' , it was sold in 1985 to The Greenbrier Companies.In the 1980s, 1990s, and 2000s , 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.

Mission
Our mission is to provide sustainable solutions to our customers' toughest problems, while embracing the values of integrity, innovation, performance and respect.
Vision
Our vision is to be the global leader in food processing and air transport technology solutions
Key Team

Mr. Carlos Carbo Fernandez (Exec. VP of Customer Sustainability & Market Devel.)

Ms. Jessi L. Corcoran (VP, Corp. Controller & Chief Accounting Officer)

Mr. David C. Burdakin (Exec. VP & Pres of JBT AeroTech)

Ms. Shelley Rae-K. Bridarolli (Exec. VP & Chief HR Officer)

Mr. Robert James Petrie (Exec. VP & Pres of Protein)

Ms. Kristina L. Paschall (Exec. VP, Chief Information & Digital Officer)

Kedric Meredith (VP of Corp. Devel. & Investor Relations)

Recognition and Awards
JBT has received numerous awards, including the US Department of Energy's Industrial Energy Efficiency Award, Frost and Sullivan's Excellence in Customer Value Leadership Award in the industrial ovens industry, and the Technology and Engineering Emmy Award for Outstanding Innovation in Technology.
References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

John Bean Technologies
Leadership team

Mr. Brian A. Deck (Pres, CEO & Director)

Mr. Matthew J. Meister (Exec. VP & CFO)

Mr. James L. Marvin (Exec. VP, Gen. Counsel & Assistant Sec.)

Products/ Services
Food Processing, Hardware, Manufacturing, Software
Number of Employees
1,000 - 20,000
Headquarters
Chicago, Illinois, United States
Established
1894
Company Registration
SEC CIK number: 0001433660
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
JBT
Social Media