ID :
155967
Wed, 01/05/2011 - 12:34
Auther :
Shortlink :
https://oananews.org//node/155967
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US COMPANY SIGNS US$4 MILLION DEAL WITH MALAYSIA`S PML DAIRIES
NEW YORK, Jan 5 (Bernama) - Chicago-based JBT Corporation's food technology division, JBT FoodTech, has signed a US$4 million contract with Malaysia's PML Dairies.
PML Dairies is a wholly-owned subsidiary of F&N Holdings Bhd. JBT
Corporation is listed on the New York Stock Exchange.
Under the terms of the contract, JBT FoodTech will supply the filling, closing and sterilisation technologies for PML Dairies’ new milk processing plant at Pulau Indah, an island off the west coast of Selangor state, Malaysia.
F&N is considered to be Southeast Asia’s largest canned-milk producer with its range of products including, sweetened condensed, evaporated and sterilised canned milk, milk and dairy products, pasteurised juices and ice cream.
Juan Podesta, vice president and general manager at JBT FoodTech’s Food Processing Systems Division, was elated by the contract.
"We are very pleased with F&N’s continued confidence in JBT’s leading
in-container processing technologies," he said in a statement.
Podesta added that the project is an excellent example of how JBT FoodTech is
partnering with global customers and supporting the development and expansion of
the Asian food industry.
The order, received in the fourth quarter of 2010, is expected to be completed
in the second quarter of 2011.
JBT Corporation, with an array of operations in over 25 countries, is a global
technology solutions provider to the food-processing and transportation
industries.
The company designs, manufactures, tests and services technologically
sophisticated systems and products for regional and multi-national industrial
food processing customers through its JBT FoodTech segment as well as domestic
and international air transportation customers via its JBT Aerotech segment.
New York based analysts, closely monitoring the JBT Corporation’s thrust in
foreign markets, maintain that the deal with PML Dairies would further open up
avenues of business for JBT Corporation in other ASEAN countries.
The region is increasingly viewed as Asia’s third most lucrative, after China
and India, by Western firms.
-- BERNAMA
PML Dairies is a wholly-owned subsidiary of F&N Holdings Bhd. JBT
Corporation is listed on the New York Stock Exchange.
Under the terms of the contract, JBT FoodTech will supply the filling, closing and sterilisation technologies for PML Dairies’ new milk processing plant at Pulau Indah, an island off the west coast of Selangor state, Malaysia.
F&N is considered to be Southeast Asia’s largest canned-milk producer with its range of products including, sweetened condensed, evaporated and sterilised canned milk, milk and dairy products, pasteurised juices and ice cream.
Juan Podesta, vice president and general manager at JBT FoodTech’s Food Processing Systems Division, was elated by the contract.
"We are very pleased with F&N’s continued confidence in JBT’s leading
in-container processing technologies," he said in a statement.
Podesta added that the project is an excellent example of how JBT FoodTech is
partnering with global customers and supporting the development and expansion of
the Asian food industry.
The order, received in the fourth quarter of 2010, is expected to be completed
in the second quarter of 2011.
JBT Corporation, with an array of operations in over 25 countries, is a global
technology solutions provider to the food-processing and transportation
industries.
The company designs, manufactures, tests and services technologically
sophisticated systems and products for regional and multi-national industrial
food processing customers through its JBT FoodTech segment as well as domestic
and international air transportation customers via its JBT Aerotech segment.
New York based analysts, closely monitoring the JBT Corporation’s thrust in
foreign markets, maintain that the deal with PML Dairies would further open up
avenues of business for JBT Corporation in other ASEAN countries.
The region is increasingly viewed as Asia’s third most lucrative, after China
and India, by Western firms.
-- BERNAMA
