Weak Asian demand hits Q2 JBT FoodTech results
date:Aug 09, 2012
During a second quarter earnings call yesterday Charlie Cannon, chief executive officer, president and chairman of JBT Corporation, said:Turning to Asia, despite weaker order activity in the quarter we have over 70% of forecasted fully year equipment volume on hand.

We are closely monitoring order activity in the region but feel it is too early to call the softness a trend.

We are still bullish on the long term growth prospects in Asia so we continue to invest in the region. Our latest assem
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