John Bean Technologies Corporation (JBT Corporation) is a leading global technology solutions provider to high-value segments of the food processing and air transportation industries. The company designs, manufactures, tests and services technologically sophisticated systems and products for its customers.
JBT keeps food cold and jets in the air. Its JBT FoodTech segment makes commercial-grade refrigeration systems, freezers, ovens, canning equipment and food processing systems for fruit, poultry, meat patties, breads, pizzas, seafood and ready-to-eat meals. JBT AeroTech manufactures and services ground support equipment (plane de-icers, aircraft tow vehicles and cargo loading systems), airport gate equipment (Jetway brand) and military equipment.
John Bean Technologies was spun off from FMC Technologies in 2008. JBT Corporation takes its name from John Bean, a California inventor who founded Bean Spray Pump Company in 1884, the company that eventually became Food Machinery Corporation (FMC) though a series of mergers and acquisitions in the 20th century. (The original Bean Spray Pump technology was adapted to make a plane de-icer in the 1960s.)
In mid-2012, JBT's FoodTech division bought container sterilization machinery belonging to H.G. Molenaar & Co (Pty) Ltd., a firm in South Africa. The deal enabled JBT to offer global customers an even broader range of equipment for the canned food industry. In addition, JBT has acquired several key companies on the protein processing side, including Formcook AB, Wolf-tec, Tipper Tie, C.A.T. and Novus. On the Liquid Foods side of the business, JBT has also made key acquisitions, including: ICS Solutions, Stork Food & Dairy Systems and A&B Process Systems.
JBT owns production facilities spanning almost 25 countries. Its principal production facilities are located in the U.S. (California, Ohio, Pennsylvania, New York, Wisconsin, North Carolina, Arkansas, Utah and Florida), Spain, Mexico, Brazil, Belgium, Italy, the Netherlands, Sweden, the U.K., South Africa and China. The U.S. alone accounts for about half of its sales. Other major markets include the EMEA region (28 percent), Asia/Pacific (12 percent), Latin America (8 percent) and Canada (2 percent). JBT sells its FoodTech products to more than 100 countries.
Since its inception, the company has delivered more than 40,000 pieces of food processing equipment, which includes more than 8,000 industrial freezers, 2,200 industrial citrus juice extractors, 3,000 industrial sterilization systems and 8,500 coating systems. JBT has also delivered the largest volume of cargo loaders (more than 9,500), passenger boarding bridges (more than 7,900) and aircraft de-icers (more than 4,700). The company has also sold more than 2,200 mobile passenger steps, more than 2,000 cargo transporters and more than 1,800 tow tractors.
In 2016, e reached $1.3 billion in revenues, up 22% versus 2015’s strong performance. The increase comprised of 9 percent organic growth and 13 percent growth from acquisitions. Segment operating profit, margins and diluted earnings per share (EPS) also grew significantly year over year, the latter by a robust 21%.
Our Food and Aero segments both contributed to JBT’s strong 2016 results. Full-year food business revenues were up by 28%, with segment operating profit increasing by 33% compared with 2015. AeroTech’s full-year revenues and operating profi t grew by 10% and 18% respectively versus the previous year.
ONE JBT and the Next Level were introduced in 2014. The company is internally focused on “Fix-Strengthen-Grow” − Fixing profitability to drive economic return and generate cash for growth. This includes the ONE JBT cultural transformation, which involves implementing shared services; Strengthening to develop capabilities to achieve a disciplined growth capability, which includes initiating the JBT Excellence Model (JEM), including value-based pricing and Lean implementation; and Growing by focusing on organic and acquisition initiatives that move the needle.
JBT achieved it’s Next Level objectives in 2016, one year ahead of schedule. As a result, the Executive Team outlined the JBT Elevate strategy that will guide our next period of growth in the fall of 2016. A strong focus on our people and talent management is a key part of Elevate. In particular, Elevate requires that talent management, in particular the ability to attract, develop, promote and retain the most talented teams in our industry, is a competitive advantage for JBT. A key requirement in this vision is to build a world class Talent Acquisition capability. We are seeking to hire a strong
Talent Acquisition Business Partner will partner with clients to develop and execute recruitment strategies based on the business or functional talent needs. This position will be responsible to provide full-cycle recruiting services including; sourcing, leveraging social media, business partnering, ensuring talent brand execution, utilizing talent analytics, assessing candidates, and managing the candidate experience. You will focus on helping to recruit for mid to senior-level professional roles in addition to technical or other hard to fill positions. The Talent Acquisition Business Partner is responsible to present key recruiting topics to the business and HR partners. This role will be tasked with leading key projects and project teams within the Talent Acquisition function including deploying critical process improvements. The ideal candidate will be able to add immediate value in recruiting critical talent for JBT and will be well positioned to enjoy a compelling career path in Talent Acquisition or Human Resources in a growing, global technology manufacturing company.
Major Areas of Responsibility
60% Develop, Implement & Execute Recruitment Strategies, Programs and Processes
30% Internal Business Partner/Relationship Management
10% Compliance and Performance
Ability to manage multiple priorities