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.