date:Aug 09, 2012
about penetrating the local market for the first time
In the quarter, JBT FoodTech acquired rotary sterilization technology from H.G. Molenaar Co (Pty)., headquartered in Paarl, South Africa which the firm said would further strengthen their in-container sterilization portfolio for the canned food industry.
The FoodTech segment of the business reported Q2 revenue of $137.5m for the period ending 30 June decreased 6% in constant currency from the same period in 2011.
Concern over corn prices