Food processing equipment supplier JBT Corporation announced this week it has signed a definitive agreement to purchase the assets of Cooling and Applied Technologies (C.A.T.), Inc. for $90 million.
Located in Russellville, AR, privately held C.A.T. is a leading manufacturer of value-added food solutions, primarily for the poultry industry — focusing on chillers, injection, marination, weighing, freezing, and refrigeration systems.