JBT | Jotup

Universal Hydrogen Completes First Full Demonstration of AmpCart H2

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수요일, 2월 21, 2024

Universal Hydrogen Co. , a hydrogen fuel services provider that uses unique modular hydrogen delivery technology, today announced the first operational demonstration of the AmpCart H2 product developed in collaboration with Oshkosh AeroTech (formerly JBT AeroTech).

Key Points:

Universal Hydrogen Co. , a hydrogen fuel services provider that uses unique modular hydrogen delivery technology, today announced the first operational demonstration of the AmpCart H2 product developed in collaboration with Oshkosh AeroTech (formerly JBT AeroTech).
On track for operational deployment by the end of 2024, the Universal Hydrogen demonstration unit of the future Oshkosh AeroTech’s AmpCart H2 marks a significant step in decarbonizing airport ground operations.
View the full release here: https://www.businesswire.com/news/home/20240220463846/en/
Universal Hydrogen completes first full demonstration of AmpCart™ H2.
Hawthorne is the fifth airport at which Universal Hydrogen has successfully utilized hydrogen on airport grounds, paving the path to hydrogen acceptance as an aviation fuel.

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates FFNW, TCN, JBT, NS

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토요일, 2월 10, 2024

JBT, JBT Corporation, Fraud, First, Sale, NuSTAR, Advertising, Sunoco, NuStar Energy, Security (finance)

If you are a First Financial shareholder, click here to learn more about your rights and options .

Key Points:

If you are a First Financial shareholder, click here to learn more about your rights and options .
If you are a JBT shareholder, click here to learn more about your rights and options .
Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

JBT Corporation Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule

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수요일, 2월 7, 2024

Data Management, Other Retail, Online Retail, Technology, Specialty, Food, Beverage, Other Technology, Retail, Software, Networks, Mobile, Wireless, Conference, JBT Corporation, JBT, Webcast, ID

JBT Corporation (NYSE: JBT) will report fourth quarter and full year 2023 financial results after the market closes on Tuesday, February 20, 2024.

Key Points:

JBT Corporation (NYSE: JBT) will report fourth quarter and full year 2023 financial results after the market closes on Tuesday, February 20, 2024.
Please register in advance to participate in the conference call: Conference Call Registration
Upon registering for the conference call, participants will receive dial-in information, as well as a unique registrant and conference ID that they will use to access the event.
JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry.
JBT Corporation employs approximately 5,100 people worldwide and operates sales, service, manufacturing, and sourcing operations in more than 25 countries.

JBT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of JBT Corporation Is Fair to Shareholders

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금요일, 1월 19, 2024

Legal, Professional Services, Fraud, Advertising, JBT, JBT Corporation, Security (finance)

Halper Sadeh LLC, an investor rights law firm, is investigating whether the proposed merger of JBT Corporation (NYSE: JBT) and Marel hf is fair to JBT shareholders.

Key Points:

Halper Sadeh LLC, an investor rights law firm, is investigating whether the proposed merger of JBT Corporation (NYSE: JBT) and Marel hf is fair to JBT shareholders.
The investigation concerns whether JBT and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for JBT shareholders; and (2) disclose all material information necessary for JBT shareholders to adequately assess and value the merger consideration.
On behalf of JBT shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

J.B. Hunt Transport Services, Inc. Reports U.S. GAAP Revenues, Net Earnings and Earnings Per Share for Both the Fourth Quarter and Year Ended December 31, 2023

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목요일, 1월 18, 2024

Operating income for the current quarter decreased 28% to $203.3 million versus $281.9 million for the fourth quarter 2022.

Key Points:

Operating income for the current quarter decreased 28% to $203.3 million versus $281.9 million for the fourth quarter 2022.
In addition, fourth quarter 2023 included a $15.0 million net increase in loss on sale of equipment compared to the prior-year period.
Net interest expense in the current quarter increased primarily from higher interest rates and a higher average outstanding debt balance compared to fourth quarter 2022.
Fourth Quarter 2023 Segment Revenue: $1.62 billion; down 7%
Fourth Quarter 2023 Operating Income: $129.9 million; down 28%
Intermodal volume increased 6% over the same period in 2022.

JBT Corporation Announces Intention to Launch a Voluntary Takeover Offer to Effectuate Merger with Marel hf; also Announces Solid Preliminary 2023 Financial Results and 2024 Guidance

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금요일, 1월 19, 2024

For the fourth quarter 2023, JBT expects to report strong orders of $410 - $420 million, and a year-end backlog of $670 - $680 million.

Key Points:

For the fourth quarter 2023, JBT expects to report strong orders of $410 - $420 million, and a year-end backlog of $670 - $680 million.
JBT’s preliminary 2024 guidance does not include any impact from the proposed Marel transaction.
JBT today announced its intention to launch a voluntary takeover offer during the first quarter of 2024 for all of the issued and outstanding shares in Marel at an offer price of €3.60 per share.
Launch of the offer remains subject to confirmatory due diligence, further negotiations, and board approvals of both Marel and JBT.

Warehouse Automation Market Opportunities worth $44 Billion by 2028 - LogisticsIQ

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수요일, 1월 17, 2024

NEW DELHI, Jan. 17, 2024 /PRNewswire/ -- As per LogisticsIQ latest market research and analysis, warehouse automation market is expected to touch the mark of $44 Billion by 2028, at a CAGR of almost 15% between 2023 and 2028.

Key Points:

NEW DELHI, Jan. 17, 2024 /PRNewswire/ -- As per LogisticsIQ latest market research and analysis, warehouse automation market is expected to touch the mark of $44 Billion by 2028, at a CAGR of almost 15% between 2023 and 2028.
Download a Free Sample of our report on the Warehouse Automation Market.
Year 2021 witnessed a huge order intake for warehouse automation companies but revenue growth was limited due to supply chain constraints.
AGV and AMR market is expected to be biggest market in 2028 with a CAGR of ~30%.

Warehouse Automation Market Opportunities worth $44 Billion by 2028 - LogisticsIQ

Retrieved on:

수요일, 1월 17, 2024

NEW DELHI, Jan. 17, 2024 /PRNewswire/ -- As per LogisticsIQ latest market research and analysis, warehouse automation market is expected to touch the mark of $44 Billion by 2028, at a CAGR of almost 15% between 2023 and 2028.

Key Points:

NEW DELHI, Jan. 17, 2024 /PRNewswire/ -- As per LogisticsIQ latest market research and analysis, warehouse automation market is expected to touch the mark of $44 Billion by 2028, at a CAGR of almost 15% between 2023 and 2028.
Download a Free Sample of our report on the Warehouse Automation Market.
Year 2021 witnessed a huge order intake for warehouse automation companies but revenue growth was limited due to supply chain constraints.
AGV and AMR market is expected to be biggest market in 2028 with a CAGR of ~30%.

JBT Corporation Receives Extension of PUSU Deadline for Proposal to Merge With Marel

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금요일, 1월 5, 2024

Technology, Retail, Food Tech, Food, Beverage, JBT Corporation, LEX, LLP, Central bank, Icelandic, FSA, Kirkland & Ellis, JBT

(“Marel”) (the “PUSU Deadline”) in relation to JBT’s non-binding proposal originally submitted to the Board of Directors of Marel on November 24, 2023, and subsequently revised on December 13, 2023.

Key Points:

(“Marel”) (the “PUSU Deadline”) in relation to JBT’s non-binding proposal originally submitted to the Board of Directors of Marel on November 24, 2023, and subsequently revised on December 13, 2023.
108/2007, JBT was required to announce its intentions by no later than January 5, 2024.
This announcement follows Marel’s disclosure that the FSA has extended the PUSU Deadline to January 19, 2024.
Goldman Sachs Co LLC is acting as JBT’s financial advisor and LEX and Kirkland & Ellis LLP are serving as legal counsel.

Ahmed Abou Hashima Founder of MAFI for Agricultural Produce Industries Unveils Massive $300 Million Agri-Food Industrial Complex, Setting New Standards in the Middle East, with the Egyptian Prime Minister in Attendance

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수요일, 12월 27, 2023

Freezing, Council, Partnership, Vegetable, GEA, Minister, Plant, USD, General authority, Growth, JBT, Investment, Film industry

With a significant investment of up to $300 million, the project is being undertaken in collaboration with a foreign investor.

Key Points:

With a significant investment of up to $300 million, the project is being undertaken in collaboration with a foreign investor.
Additionally, representatives from leading global companies specializing in cutting-edge agri-food technologies were also in attendance, emphasizing the collaborative spirit of the occasion.
MAFI for Agricultural Produce Industries, under the leadership of Ahmed Abou Hashima, has unveiled plans for a sprawling agri-food complex.
Recognizing the Egyptian market's growth potential, this collaboration aims to contribute significantly to its expansion on a global scale.