JBT Corporation enters leasing market globally

JBT Corporation, a leading global technology solutions provider to the food processing and air transportation industries, has announced the formation of a wholly-owned captive equipment finance unit, called JBT Equipment Finance.

The company said the aim is to create a global financing solution which offers a complement of financing products in the US and around the world. It is currently active in over 25 countries.

“JBT now offers not only industry leading equipment, but also competitive financing to facilitate customer investment in JBT. The formation of JBT Equipment Finance is the next logical step in providing our customers a comprehensive business solution,” said Brian Deck, executive vice president and chief financial officer.