Producer
JBT Corporation (John Bean Technologies)
JBT Corporation (Chicago IL; NYSE: JBT; ~$2.2B revenue) is the world's largest manufacturer of IQF tunnel freezers, descended from Frigoscandia — the Swedish company that invented the modern IQF tunnel freezer concept in the 1960s. JBT acquired Frigoscandia Equipment (Helsingborg, Sweden) in 2014 and DOFTECH (Denmark). JBT's FoodTech division produces the Frigoscandia GYRoCOMPACT and ADVANTEC IQF freezers — the industry-standard equipment used by Tyson Foods, McCain Foods, Lamb Weston, Birds Eye, and virtually every major commercial frozen food processor. JBT also manufactures aircraft ground support equipment (Jetway jetbridges, aircraft deicers, cargo loaders) under a separate AeroTech division — the same company supplies IQF freezers to Tyson Foods and airport jetways to Delta Air Lines. JBT merged with Marel h.f. (Iceland) in 2024 to create a combined ~$4B food processing equipment company.
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2 facilities
JBT Corporation Americas Manufacturing (Lakeland, FL) →
USFlorida · manufacturing
JBT Corporation primary North American manufacturing hub in Lakeland, Florida. Produces food processing equipment including IQF freezer components, continuous cookers, and coating/breading systems for the North American frozen food market. Lakeland serves as the Americas service and manufacturing center for JBT FoodTech. Source: https://www.jbtc.com/about-jbt/locations/
JBT Frigoscandia IQF Manufacturing (Helsingborg) →
SESkåne County · manufacturing
JBT Frigoscandia primary IQF freezer manufacturing and engineering facility in Helsingborg, Sweden — birthplace of the modern IQF tunnel freezer. Frigoscandia Equipment was the Swedish company that commercialized the fluidized-bed IQF tunnel freezer concept in the 1960s; JBT acquired the company in 2014. The Helsingborg site remains the design and engineering center of excellence for JBT's GYRoCOMPACT and ADVANTEC IQF product lines. Equipment shipped globally to major frozen food processors. Source: https://www.jbtc.com/foodtech/frigoscandia/
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Food Technology (IQF Freezers, Processing)
60%Airport & Aviation Systems
40%
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Did you know2023
JBT Corporation (Chicago IL; NYSE: JBT) makes both IQF tunnel freezers for food processors (Frigoscandia GYRoCOMPACT, ADVANTEC) AND aircraft ground support equipment for airports — jetbridges (Jetway brand), aircraft deicers, cargo loaders, and pushback tractors under its AeroTech division. The same company supplies IQF freezers to Tyson Foods and Lamb Weston and airport jetways and deicers to Delta Air Lines and American Airlines. This dual business is not widely known: JBT's identity as a 'food equipment company' obscures that roughly 40% of its revenue comes from airport ground support infrastructure. JBT was originally the 'John Bean' division of FMC Corporation (Food Machinery Corporation), a US defense-industrial conglomerate that made food equipment, chemical machinery, and amphibious military vehicles. The IQF freezer and the aircraft deicer share the same corporate parent by historical accident — both trace to FMC Corporation's mid-20th century diversification strategy.
JBT Corporation ↗Origin2023
JBT Corporation (John Bean Technologies) was spun off from FMC Corporation in 2008. FMC Corporation itself traced to the Food Machinery Corporation, founded in 1884 by John Bean (inventor of a spray pump for California orchards). FMC became one of the US's most unusual conglomerates — simultaneously a food processing equipment maker AND a major defense contractor (producing the M113 armored personnel carrier and later the Bradley Fighting Vehicle), plus a chemical company (FMC Technologies). JBT retained the food and airport equipment businesses when FMC refocused on chemicals and defense. The 2024 merger with Marel (Icelandic food processing equipment maker) significantly expanded JBT's food processing market share.
JBT Corporation ↗Concentration2024
JBT Corporation's 2024 merger with Marel h.f. (Reykjavik Iceland; Nasdaq Iceland: MAREL; ~$1.7B revenue; poultry, meat, and fish processing equipment) created a combined food processing equipment company with approximately $4B in revenue and an estimated 40-45% global market share in IQF tunnel freezers when combined with Marel's downstream poultry and seafood processing equipment. The Marel merger means that at many frozen food plants, a single JBT-Marel combined entity now supplies the IQF freezer (Frigoscandia), the portioner (Marel), the fryer (JBT), and the checkweigher (Marel) — vertically integrated across the entire frozen food processing line. This post-merger concentration means that a food processor buying a complete frozen food production line increasingly has only JBT-Marel and GEA as viable suppliers for the full suite of equipment, further reducing competitive alternatives.
JBT Corporation ↗