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What smart money is saying about JBT CorporationUnited States flag

JBT · Industrials · Industrial - Machinery · Market cap $3.99B

2 funds in our archive have pitched JBT Corporation — most recently Royce in March 2025.

Company profile

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.

Fund coverage · 2 theses

  • Royce
    March 2025

    JBT Marel is a leading global provider of food and beverage processing equipment, benefiting from stable recurring revenue and strong market drivers despite current customer hesitancy due to tariff uncertainties.

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  • Royce Invest
    December 2024

    JBT Marel is a leading provider of food and beverage processing machinery, reporting strong 3Q24 results with significant sales growth and high recurring revenue, while also enhancing its market position through the recent acquisition of Marel.

    Read the full thesis

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