John Bean Technologies Corporation Common Stock (JBT)
Frequently Asked Questions About John Bean Technologies Corporation Common Stock (JBT)
Does JBT have a global presence?
Yes, John Bean Technologies operates globally, serving customers in over 100 countries. The company has a network of manufacturing facilities, sales offices, and service centers strategically located to support its international clientele.
Does JBT have any notable acquisitions?
Yes, JBT has made several notable acquisitions to strengthen its market position and expand its product portfolio. These acquisitions often focus on complementary technologies that enhance its offerings in food processing and aeropropulsion.
How does JBT approach research and development?
JBT takes a proactive approach to research and development by allocating resources to innovate and improve its technology offerings. The R&D team focuses on understanding market needs, enhancing product efficiency, and ensuring compliance with relevant standards and regulations.
How does JBT ensure product quality?
JBT ensures product quality through stringent quality control processes, regulatory compliance, and industry certifications. The company invests in advanced manufacturing techniques and continuous employee training to uphold high standards in its products.
How does JBT focus on innovation?
John Bean Technologies places a strong emphasis on innovation by investing in research and development to improve existing technologies and create new solutions. This commitment to innovation is vital for meeting the evolving demands of the food and aerospace industries.
Is JBT involved in sustainability efforts?
Yes, JBT is actively engaged in sustainability initiatives. The company prioritizes the development of efficient technologies that minimize energy consumption and waste in food processing, and it also seeks to implement environmentally friendly practices in its operations and product offerings.
What are JBT's growth strategies?
JBT's growth strategies involve expanding its product offerings through innovation, entering new geographic markets, and pursuing strategic acquisitions to enhance its technological capabilities and market presence.
What are JBT's primary markets?
JBT primarily serves the food processing and aerospace markets. Within the food industry, its solutions are targeted at the protein, dairy, and bakery sectors, while its aeropropulsion segment offers technologies for aircraft and engine manufacturers and operators.
What are JBT's recent financial performance trends?
JBT has shown positive financial performance growth in recent years, with steady increases in revenue and profitability. The company's strategic acquisitions and expanding global footprint have contributed to its resilience and ability to adapt to market changes.
What does John Bean Technologies Corporation (JBT) do?
John Bean Technologies Corporation (JBT) is a global technology solutions provider that specializes in food processing and aeropropulsion. The company designs, manufactures, and sells advanced equipment and technology to enhance manufacturing processes in the food industry, specifically focused on protein, dairy, and bakery segments, as well as serving aerospace and defense markets.
What is JBT's approach to customer service?
JBT is dedicated to providing exceptional customer service by establishing long-term relationships with its clients. This includes offering tailored solutions, comprehensive training, and ongoing support to ensure that customers can maximize the performance and efficiency of their JBT equipment.
What is JBT's employee culture like?
JBT promotes a culture of collaboration, diversity, and continuous improvement. The company values its employees and fosters an environment that encourages professional growth, innovation, and respect for all team members.
What is JBT's impact on the food industry?
JBT significantly impacts the food industry by providing technologies that increase processing efficiency, enhance food safety, and improve product quality. Its equipment and solutions help food manufacturers meet consumer demands while optimizing operational costs.
What is the significance of the NYSE listing for JBT?
Being listed on the New York Stock Exchange (NYSE) provides John Bean Technologies Corporation with access to capital, increased visibility, and credibility. It also allows investors to easily trade shares and engage in the company's growth as it operates in competitive markets.
What products does JBT offer?
JBT offers a wide range of products, including food processing equipment such as cooking and chilling systems, coating and batching systems, and transportation technologies. Additionally, for the aerospace sector, it provides ground support equipment, inspection systems, and engine testing solutions.
When was JBT founded?
John Bean Technologies Corporation was originally founded in 1884 as a manufacturer of equipment for the food processing industry. Over the years, it has evolved through various acquisitions and expansions, establishing a strong presence in food technologies and aeropropulsion markets.
Where is JBT headquartered?
John Bean Technologies Corporation is headquartered in Chicago, Illinois, USA. The central location allows the company to efficiently manage operations and coordinate its global business activities.
Who are JBT's competitors?
JBT competes with several companies in the food processing and aerospace industries. Key competitors include Tetra Pak, Marel, and Multivac in food processing, and companies like Honeywell and Boeing in the aerospace sector.
What is the current price of John Bean Technologies Corporation Common Stock?
The current price of John Bean Technologies Corporation Common Stock is 125.32
When was John Bean Technologies Corporation Common Stock last traded?
The last trade of John Bean Technologies Corporation Common Stock was at 7:00 pm EST on January 2nd, 2025
What is the market capitalization of John Bean Technologies Corporation Common Stock?
The market capitalization of John Bean Technologies Corporation Common Stock is 3.98B
How many shares of John Bean Technologies Corporation Common Stock are outstanding?
John Bean Technologies Corporation Common Stock has 31.77M shares outstanding.