JBT Corporation is a global technology solutions provider to the food processing and air transportation industries. The company was founded in 1884 and is headquartered in Chicago, Illinois, United States. JBT Corporation operates through two main segments: FoodTech and AeroTech.

Under the FoodTech segment, the company provides customized food processing solutions and equipment for various sectors including fruits and vegetables, dairy, meat, seafood, and bakery. Their products range from juicers and freezers to fillers and cooking solutions, aimed at enhancing the efficiency, safety, and quality of food processing. JBT Corporation also offers aftermarket services such as maintenance, spare parts, and support.

In the AeroTech segment, the company designs, manufactures, and services ground support equipment for airports, airlines, and freight companies. Their products include aircraft deicers, loaders, and advanced gate solutions, which contribute to the smooth functioning and safety of air transportation operations. JBT Corporation has a global presence with manufacturing facilities and offices in over 25 countries, including Canada, China, Brazil, and the Netherlands.

The company has formed joint ventures and partnerships with key industry players to expand its reach and capabilities. Notably, JBT Corporation has a joint venture with the China-based Weidemann & Harrold Co. Ltd.

As of the latest available information, JBT Corporation has experienced steady growth and is considered a market leader in both the food processing and air transportation industries. The company has reported strong global sales, benefiting from its innovative solutions and a diverse customer base. It has successfully competed against other major players in the market, such as Marel and Heat and Control.

In terms of major events and achievements, JBT Corporation acquired Tipper Tie, a provider of food packaging systems, in 2016. This acquisition further enhanced the company's product portfolio and expanded its capabilities in the food processing sector. As of now, the latest updates on JBT Corporation indicate its commitment to sustainable practices and reducing its environmental impact.

The company has implemented initiatives to enhance energy efficiency and reduce waste, aligning with their long-term growth strategy. In conclusion, JBT Corporation is a global technology solutions provider, offering food processing and air transportation equipment and services. With a strong market position, global operations, and strategic partnerships, the company continues to expand its product lineup and pursue sustainable growth