What is the old name for JBT Marel Corporation?

Written by Editorial Team | Last Updated: August 2026

JBT Marel Corporation evolved from JBT Corporation (John Bean Technologies Corporation), which itself originated as a spin-off from FMC Technologies. Tracing its corporate ancestry back to the historic Bean Spray Pump Company established by orchardist John Bean in California, the food processing machinery giant adopted its current compound name following its strategic acquisition of Marel.

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The history of JBT traces its origins back to 1884, when inventor John Bean developed a continuous spray pump specifically designed to combat scale in his California almond orchards.

Marel hf., a leading global provider of advanced food processing machinery, systems, software, and services for the poultry, meat, and fish industries, is based in Garðabær, Iceland.

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JBT Marel operates as a publicly traded corporation, listed on major public exchanges such as the New York Stock Exchange under its designated ticker symbol.

JBT Marel is renowned for pioneering advanced food processing technologies, automated machinery systems, and digital software solutions that revolutionize the global food and beverage manufacturing industry.

JBT Marel operates as a premier global technology solutions and food processing equipment provider resulting from the combination of legacy JBT and Marel.

JBT Marel has its global corporate headquarters located at 333 West Wacker Drive in Chicago, Illinois, United States.

JBT Marel Corporation (formed through the major corporate combination of John Bean Technologies Corporation and Marel) is based in Chicago, Illinois, United States.

For the fiscal year ending December 31, 2025, JBT Marel reported an annual revenue of $3.80 billion, representing a significant year-over-year growth of 121.34%.

JBT Marel’s company culture is fundamentally guided by a core commitment to integrity and collaborative service.