----

----

----

----

| x | Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
|---|----------------------------------------------------------------------------------------------|

|  ̈ | Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
|--------|-----------------------------------------------------------------------------------------------|

----

----

|                                                          |                                |
|---------------------------------------------------------------|-------------------------------------|
| Delaware                                                      | 91-1650317                          |
| (State or other jurisdiction ofincorporation or organization) | (I.R.S. EmployerIdentification No.) |

|                                      |       |
|-------------------------------------------|------------|
| 70 West Madison Street, Chicago, Illinois | 60602      |
| (Address of principal executive offices)  | (Zip code) |

----

|                              |   |                                |   |
|-----------------------------------|--------|-------------------------------------|--------|
| Large accelerated filer |  ̈ | Accelerated filer              | x      |
|                              |   |                                |   |
| Non-accelerated filer             |  ̈ | Smaller reporting company |  ̈ |

| Class                                   |   | Outstanding at May 1, 2011         |
|-----------------------------------------|--------|------------------------------------|
| Common Stock, par value $0.01 per share |   |     28,641,664 |

----

----

| ITEM 1. | FINANCIAL STATEMENTS |
|--------------|----------------------|

|                                                  |   | Three Months Ended |   |
|-------------------------------------------------------|--------|--------------------|--------|
|                                                  |   | March 31,          |   |
|                                                  |   | 2011               |   |   | 2010 |   |
| Revenue                                               |   | $                  | 201.5  |   |   | $ | 169.0 |   |
| Operating expenses:                                   |   |               |   |   |   |   |   |   |
| Cost of sales                                         |   |               | 150.3  |   |   |   | 122.1 |   |
| Selling, general and administrative expense           |   |               | 37.7   |   |   |   | 35.2 |   |
| Research and development expense                      |   |               | 4.9    |   |   |   | 4.3 |   |
| Other income, net                                     |   |               | (0.7   | ) |   |   | (0.5 | ) |
| Operating income                                      |   |               | 9.3    |   |   |   | 7.9 |   |
| Net interest expense                                  |   |               | (1.7   | ) |   |   | (1.9 | ) |
| Income from continuing operations before income taxes |   |               | 7.6    |   |   |   | 6.0 |   |
| Provision for income taxes                            |   |               | 2.7    |   |   |   | 2.1 |   |
| Income from continuing operations                     |   |               | 4.9    |   |   |   | 3.9 |   |
| Income from discontinued operations, net of taxes     |   |               | -      |   |   |   | 0.1 |   |
| Net income                                            |   | $                  | 4.9    |   |   | $ | 4.0 |   |
|                                                  |   |               |   |   |   |   |   |   |
| Basic earnings per share:                             |   |               |   |   |   |   |   |   |
| Income from continuing operations                     |   | $                  | 0.17   |   |   | $ | 0.14 |   |
| Income from discontinued operations                   |   |               | -      |   |   |   | - |   |
| Basic earnings per share                              |   | $                  | 0.17   |   |   | $ | 0.14 |   |
| Diluted earnings per share:                           |   |               |   |   |   |   |   |   |
| Income from continuing operations                     |   | $                  | 0.17   |   |   | $ | 0.14 |   |
| Income from discontinued operations                   |   |               | -      |   |   |   | - |   |
| Diluted earnings per share                            |   | $                  | 0.17   |   |   | $ | 0.14 |   |
| Weighted average shares outstanding:                  |   |               |   |   |   |   |   |   |
| Basic                                                 |   |               | 28.7   |   |   |   | 28.2 |   |
| Diluted                                               |   |               | 29.2   |   |   |   | 29.0 |   |

----

|                                                                                  |   | March 31,   |   |   | December 31, |   |
|---------------------------------------------------------------------------------------|--------|-------------|--------|--------|--------------|--------|
|                                                                                  |   | 2011        |   |   | 2010         |   |
|                                                                                  |   | (Unaudited) |   |   |         |   |
| Assets:                                                                               |   |        |   |   |         |   |
| Current Assets:                                                                       |   |        |   |   |         |   |
| Cash and cash equivalents                                                             |   | $           | 10.0   |   |         | $      | 13.7 |   |
| Trade receivables, net of allowances of $4.3 and $4.8, respectively                   |   |        | 161.4  |   |         |   | 192.7 |   |
| Inventories                                                                           |   |        | 128.3  |   |         |   | 106.7 |   |
| Other current assets                                                                  |   |        | 41.1   |   |         |   | 43.3 |   |
| Total current assets                                                                  |   |        | 340.8  |   |         |   | 356.4 |   |
| Property, plant and equipment, net of accumulated depreciation of $235.4              |   |        |   |   |         |   |   |   |
| and $225.5, respectively                                                              |   |        | 131.7  |   |         |   | 128.7 |   |
| Other assets                                                                          |   |        | 98.7   |   |         |   | 97.1 |   |
| Total Assets                                                                          |   | $           | 571.2  |   |         | $      | 582.2 |   |
| Liabilities and Stockholders' Equity:                                                 |   |        |   |   |         |   |   |   |
| Current Liabilities:                                                                  |   |        |   |   |         |   |   |   |
| Accounts payable, trade and other                                                     |   | $           | 80.3   |   |         | $      | 86.3 |   |
| Advance and progress payments                                                         |   |        | 65.2   |   |         |   | 52.4 |   |
| Other current liabilities                                                             |   |        | 92.9   |   |         |   | 103.3 |   |
| Total current liabilities                                                             |   |        | 238.4  |   |         |   | 242.0 |   |
| Long-term debt, less current portion                                                  |   |        | 130.8  |   |         |   | 145.4 |   |
| Accrued pension and other postretirement benefits, less current portion               |   |        | 73.5   |   |         |   | 73.0 |   |
| Other liabilities                                                                     |   |        | 29.4   |   |         |   | 28.8 |   |
| Stockholders' equity:                                                                 |   |        |   |   |         |   |   |   |
| Preferred stock, $0.01 par value; 20,000,000 shares authorized; no shares issued      |   |        | -      |   |         |   | - |   |
| Common stock, $0.01 par value; 120,000,000 shares authorized; 2011: 28,641,164 issued |   |        |   |   |         |   |   |   |
| and outstanding; 2010: 28,237,279 issued and 28,185,834 outstanding                   |   |        | 0.3    |   |         |   | 0.3 |   |
| Common stock held in treasury, at cost; 2010: 51,445 shares                           |   |        | -      |   |         |   | (0.7 | ) |
| Additional paid-in capital                                                            |   |        | 56.5   |   |         |   | 59.1 |   |
| Retained earnings                                                                     |   |        | 76.5   |   |         |   | 73.6 |   |
| Accumulated other comprehensive loss                                                  |   |        | (34.2  | )      |         |   | (39.3 | ) |
| Total stockholders' equity                                                            |   |        | 99.1   |   |         |   | 93.0 |   |
| Total Liabilities and Stockholders' Equity                                            |   | $           | 571.2  |   |         | $      | 582.2 |   |

----

|                                                                  |   | Three Months Ended |   |
|-----------------------------------------------------------------------|--------|--------------------|--------|
|                                                                  |   | March 31,          |   |
|                                                                  |   | 2011               |   |   | 2010 |   |
| Cash Flows From Operating Activities:                                 |   |               |   |   |   |   |
| Net income                                                            |   | $                  | 4.9    |   |   | $ | 4.0 |   |
| Income from discontinued operations, net of income taxes              |   |               | -      |   |   |   | (0.1 | ) |
| Income from continuing operations                                     |   |               | 4.9    |   |   |   | 3.9 |   |
| Adjustments to reconcile income from continuing operations to cash    |   |               |   |   |   |   |   |   |
| provided (required) by operating activities of continuing operations: |   |               |   |   |   |   |   |   |
|     Depreciation and amortization                 |   |               | 5.9    |   |   |   | 5.6 |   |
|     Stock-based compensation                      |   |               | 1.3    |   |   |   | 1.6 |   |
|     Other                                         |   |               | (2.5   | ) |   |   | 0.6 |   |
| Changes in operating assets and liabilities:                          |   |               |   |   |   |   |   |   |
|     Trade receivables, net                        |   |               | 34.4   |   |   |   | 11.7 |   |
|     Inventories                                   |   |               | (20.1  | ) |   |   | (6.2 | ) |
|     Accounts payable, trade and other             |   |               | (6.7   | ) |   |   | (6.5 | ) |
|     Advance and progress payments                 |   |               | 11.7   |   |   |   | 4.7 |   |
|     Other assets and liabilities, net             |   |               | (7.0   | ) |   |   | (19.4 | ) |
| Cash provided (required) by continuing operating activities           |   |               | 21.9   |   |   |   | (4.0 | ) |
| Net cash required by discontinued operating activities                |   |               | (0.1   | ) |   |   | (0.1 | ) |
| Cash provided (required) by operating activities                      |   |               | 21.8   |   |   |   | (4.1 | ) |
| Cash Flows From Investing Activities:                                 |   |               |   |   |   |   |   |   |
| Capital expenditures                                                  |   |               | (5.8   | ) |   |   | (2.9 | ) |
| Proceeds from disposal of assets                                      |   |               | -      |   |   |   | 0.9 |   |
| Cash required by investing activities                                 |   |               | (5.8   | ) |   |   | (2.0 | ) |
| Cash Flows From Financing Activities:                                 |   |               |   |   |   |   |   |   |
| Net (payments) proceeds on credit facilities                          |   |               | (13.8  | ) |   |   | 5.7 |   |
| Tax withholdings on stock-based compensation awards                   |   |               | (4.8   | ) |   |   | (3.5 | ) |
| Dividends                                                             |   |               | (2.4   | ) |   |   | (2.2 | ) |
| Other                                                                 |   |               | 1.2    |   |   |   | 1.5 |   |
| Cash (required) provided by financing activities                      |   |               | (19.8  | ) |   |   | 1.5 |   |
| Effect of foreign exchange rate changes on cash and cash equivalents  |   |               | 0.1    |   |   |   | (0.1 | ) |
| Decrease in cash and cash equivalents                                 |   |               | (3.7   | ) |   |   | (4.7 | ) |
| Cash and cash equivalents, beginning of period                        |   |               | 13.7   |   |   |   | 14.4 |   |
| Cash and cash equivalents, end of period                              |   | $                  | 10.0   |   |   | $ | 9.7 |   |

----

|                                                             |   |           |   |   |              |   |
|------------------------------------------------------------------|--------|----------------|--------|--------|-------------------|--------|
| (In millions)                                                    |   | March 31, 2011 |   |   | December 31, 2010 |   |
| Raw materials                                                    |   | $              | 66.3   |   |              | $      | 65.8 |   |
| Work in process                                                  |   |           | 42.9   |   |              |   | 29.8 |   |
| Finished goods                                                   |   |           | 78.9   |   |              |   | 69.6 |   |
| Gross inventories before LIFO reserves and valuation adjustments |   |           | 188.1  |   |              |   | 165.2 |   |
| LIFO reserves and valuation adjustments                          |   |           | (59.8  | )      |              |   | (58.5 | ) |
| Net inventories                                                  |   | $              | 128.3  |   |              | $      | 106.7 |   |

|                                  |   |               |   |   |               |   |   | Other Postretirement |   |
|---------------------------------------|--------|--------------------|--------|--------|--------------------|--------|--------|----------------------|--------|
|                                  |   | Pension Benefits   |   |   | Benefits           |   |
|                                  |   | Three Months Ended |   |   | Three Months Ended |   |
|                                  |   | March 31,          |   |   | March 31,          |   |
| (In millions)                         |   | 2011               |   |   | 2010               |   |   | 2011                 |   |   | 2010 |   |
| Service cost                          |   | $                  | 0.3    |   |               | $      | 0.4    |                 |   | $ | - |   |   | $ | - |   |
| Interest cost                         |   |               | 3.6    |   |               |   | 3.6    |                 |   |   | 0.1 |   |   |   | 0.1 |   |
| Expected return on assets             |   |               | (4.6   | )      |               |   | (4.6   | )                    |   |   | - |   |   |   | - |   |
| Amortization of prior service benefit |   |               | -      |   |               |   | -      |                 |   |   | (0.2 | ) |   |   | (0.2 | ) |
| Amortization of actuarial losses, net |   |               | 0.4    |   |               |   | 0.1    |                 |   |   | - |   |   |   | - |   |
| Net periodic benefit income           |   | $                  | (0.3   | )      |               | $      | (0.5   | )                    |   | $ | (0.1 | ) |   | $ | (0.1 | ) |

|                                                 |                                        |   |   |   | Weighted-Average                                |
|------------------------------------------------------|---------------------------------------------|--------|--------|--------|-------------------------------------------------|
|                                                 | Shares                                      |   |   |   | Grant-Date Fair Value                           |
| Time-based                                           |       150,236 |   |   |   |                                            |   |
| Performance-based                                    |       185,582 | *      |   |   |                                            |   |
| Granted during the three months ended March 31, 2011 |       335,818 |   |   | $      |        18.50 |   |
|                                                 |                                        |   |   |   |                                            |   |

----

|                                                                                                    |   | Three Months Ended |   |
|---------------------------------------------------------------------------------------------------------|--------|--------------------|--------|
|                                                                                                    |   | March 31,          |   |
| (In millions)                                                                                           |   | 2011               |   |   | 2010 |   |
| Net income                                                                                              |   | $                  | 4.9    |   |   | $ | 4.0 |   |
| Foreign currency translation adjustments                                                                |   |               | 4.9    |   |   |   | (3.4 | ) |
| Derivatives designated as hedges, net of tax of $0.1 for the three months ended March 31, 2011 and 2010 |   |               | 0.1    |   |   |   | 0.2 |   |
| Pension and other postretirement liability adjustments                                                  |   |               | 0.1    |   |   |   | (0.1 | ) |
| Comprehensive income                                                                                    |   | $                  | 10.0   |   |   | $ | 0.7 |   |

|                                                  |   | Three Months Ended |   |
|-------------------------------------------------------|--------|--------------------|--------|
|                                                  |   | March 31,          |   |
| (In millions, except per share data)                  |   | 2011               |   |   | 2010 |   |
| Basic earnings per share:                             |   |               |   |   |   |   |
| Income from continuing operations                     |   | $                  | 4.9    |   |   | $ | 3.9 |   |
| Weighted average number of shares outstanding         |   |               | 28.7   |   |   |   | 28.2 |   |
| Basic earnings per share from continuing operations   |   | $                  | 0.17   |   |   | $ | 0.14 |   |
| Diluted earnings per share:                           |   |               |   |   |   |   |   |   |
| Income from continuing operations                     |   | $                  | 4.9    |   |   | $ | 3.9 |   |
| Weighted average number of shares outstanding         |   |               | 28.7   |   |   |   | 28.2 |   |
| Effect of dilutive securities:                        |   |               |   |   |   |   |   |   |
| Options on common stock                               |   |               | 0.1    |   |   |   | 0.1 |   |
| Restricted stock                                      |   |               | 0.4    |   |   |   | 0.7 |   |
| Total shares and dilutive securities                  |   |               | 29.2   |   |   |   | 29.0 |   |
| Diluted earnings per share from continuing operations |   | $                  | 0.17   |   |   | $ | 0.14 |   |

----

|                                                    |   | As of March 31, 2011  |   |   | As of December 31, 2010   |   |
|---------------------------------------------------------|--------|-----------------------|--------|--------|---------------------------|--------|
| (In millions)                                           |   | Asset Derivatives (1) |   |   | Liability Derivatives (2) |   |   | Asset Derivatives (1) |   |   | Liability Derivatives (2) |   |
| Derivatives designated as hedging instruments:          |   |                  |   |   |                      |   |   |   |   |   |   |   |
| Interest rate swap contract                             |   | $                     | -      |   |                      | $      | - |   |   | $ | - |   |   | $ | 0.2 |   |
| Foreign exchange contracts                              |   |                  | -      |   |                      |   | 0.3 |   |   |   | - |   |   |   | 0.4 |   |
| Total derivatives designated as hedging instruments     |   |                  | -      |   |                      |   | 0.3 |   |   |   | - |   |   |   | 0.6 |   |
|                                                    |   |                  |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Derivatives not designated as hedging instruments:      |   |                  |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Foreign exchange contracts                              |   |                  | 10.9   |   |                      |   | 8.3 |   |   |   | 11.9 |   |   |   | 8.2 |   |
| Total derivatives not designated as hedging instruments |   | $                     | 10.9   |   |                      | $      | 8.3 |   |   | $ | 11.9 |   |   | $ | 8.2 |   |

----

|   | (1) | Included in other current assets and other assets on our Condensed Consolidated Balance Sheets. |
|--------|-----|-------------------------------------------------------------------------------------------------|

|   | (2) | Included in other current liabilities and other liabilities on our Condensed Consolidated Balance Sheets. |
|--------|-----|-----------------------------------------------------------------------------------------------------------|

| Derivatives designated as cash flow hedges |   | Amount of Gain (Loss) Recognized in OCI on Derivatives (1) |   | Location of Gain (Loss) Reclassified from AOCI into Income |   | Amount of Gain (Loss) Reclassified from AOCI into Income (1) |   |
|--------------------------------------------|--------|------------------------------------------------------------|--------|------------------------------------------------------------|--------|--------------------------------------------------------------|--------|
| (In millions)                              |   | 2011                                                       |   |                                                       | 2010   |                                                         |   |   | 2011 |   |   | 2010 |   |
| Interest rate swap contract                |   | $                                                          | -      |                                                       |   | $                                                            | (0.1   | ) | Net interest expense |   | $ | - |   |   | $ | (0.3 | ) |
| Foreign exchange contracts                 |   |                                                       | 0.1    |                                                       |   |                                                         | 0.1    |   | Revenue |   |   | (0.1 | ) |   |   | - |   |
| Total                                      |   | $                                                          | 0.1    |                                                       |   | $                                                            | -      |   |   |   | $ | (0.1 | ) |   | $ | (0.3 | ) |

----

|   | (1) | For the three month periods ended March 31, 2011 and 2010, we recorded in other income, net an immaterial amount of ineffectiveness from cash flow hedges. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Derivatives not designated as hedging instruments             |   | Location of Gain (Loss) Recognized in Income on Derivatives |   | Amount of Gain (Loss) Recognized in Income on Derivatives |   |
|---------------------------------------------------------------|--------|-------------------------------------------------------------|--------|-----------------------------------------------------------|--------|
| (In millions)                                                 |   |                                                        |   | 2011                                                      |   |   | 2010 |   |
| Foreign exchange contracts                                    |   | Revenue                                                     |   | $                                                         | 2.7    |   |   | $ | 1.2 |   |
| Foreign exchange contracts                                    |   | Cost of sales                                               |   |                                                      | (0.1   | ) |   |   | (0.4 | ) |
| Foreign exchange contracts                                    |   | Other income (expense), net                                 |   |                                                      | 0.3    |   |   |   | 0.2 |   |
| Total                                                         |   |                                                        |   |                                                      | 2.9    |   |   |   | 1.0 |   |
|                                                          |   |                                                        |   |                                                      |   |   |   |   |   |   |
| Remeasurement of assets and liabilities in foreign currencies |   |                                                        | (0.6   | )                                                         |   |   | (0.8 | ) |
|                                                          |   |                                                        |   |                                                      |   |   |   |   |   |   |
| Net gain on foreign currency transactions                     |   | $                                                           | 2.3    |                                                      |   | $ | 0.2 |   |

|   | • | Level 1: Unadjusted quoted prices in active markets for identical assets and liabilities. |
|--------|---------|-------------------------------------------------------------------------------------------|

|   | • | Level 2: Observable inputs other than those included in Level 1. For example, quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets. |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | Level 3: Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability. |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------|

|          |   | As of March 31, 2011 |   |   | As of December 31, 2010 |   |
|---------------|--------|----------------------|--------|--------|-------------------------|--------|
| (In millions) |   | Total                |   |   | Level 1                 |   |   | Level 2 |   |   | Level 3 |   |   | Total |   |   | Level 1 |   |   | Level 2 |   |   | Level 3 |   |
| Assets:       |   |                 |   |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Investments   |   | $                    | 10.5   |   |                    | $      | 10.5 |   |   | $ | - |   |   | $ | - |   |   | $ | 9.9 |   |   | $ | 9.9 |   |   | $ | - |   |   | $ | - |   |
| Derivatives   |   |                 | 10.9   |   |                    |   | - |   |   |   | 10.9 |   |   |   | - |   |   |   | 11.9 |   |   |   | - |   |   |   | 11.9 |   |   |   | - |   |
| Total assets  |   | $                    | 21.4   |   |                    | $      | 10.5 |   |   | $ | 10.9 |   |   | $ | - |   |   | $ | 21.8 |   |   | $ | 9.9 |   |   | $ | 11.9 |   |   | $ | - |   |
| Liabilities:  |   |                 |   |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Derivatives   |   | $                    | 8.6    |   |                    | $      | - |   |   | $ | 8.6 |   |   | $ | - |   |   | $ | 8.8 |   |   | $ | - |   |   | $ | 8.8 |   |   | $ | - |   |

----

|                                                |   | As of March 31, 2011 |   |   | As of December 31, 2010 |   |
|-----------------------------------------------------|--------|----------------------|--------|--------|-------------------------|--------|
| (In millions)                                       |   | CarryingValue        |   |   | EstimatedFair Value     |   |   | CarryingValue |   |   | EstimatedFair Value |   |
| 6.66% senior unsecured notes due July 31, 2015      |   | $                    | 75.0   |   |                    | $      | 84.2 |   |   | $ | 75.0 |   |   | $ | 84.8 |   |
| Revolving credit facility, expires on July 31, 2013 |   |                 | 54.4   |   |                    |   | 54.4 |   |   |   | 68.7 |   |   |   | 68.7 |   |
| 4.5% Brazilian Real loan due December 31, 2012      |   |                 | 2.8    |   |                    |   | 2.5 |   |   |   | 3.2 |   |   |   | 2.8 |   |
| Other                                               |   |                 | 0.8    |   |                    |   | 0.8 |   |   |   | 0.2 |   |   |   | 0.2 |   |

|                             |   | Three Months Ended |   |
|----------------------------------|--------|--------------------|--------|
|                             |   | March 31,          |   |
| (In millions)                    |   | 2011               |   |   | 2010 |   |
| Balance at beginning of period   |   | $                  | 8.0    |   |   | $ | 7.3 |   |
| Expense for new warranties       |   |               | 1.8    |   |   |   | 1.0 |   |
| Adjustments to existing accruals |   |               | 0.2    |   |   |   | - |   |
| Claims paid                      |   |               | (1.9   | ) |   |   | (1.9 | ) |
| Balance at end of period         |   | $                  | 8.1    |   |   | $ | 6.4 |   |

----

|                                                  |   | Three Months Ended |   |
|-------------------------------------------------------|--------|--------------------|--------|
|                                                  |   | March 31,          |   |
| (In millions)                                         |   | 2011               |   |   | 2010 |   |
| Revenue                                               |   |               |   |   |   |   |
| JBT FoodTech                                          |   | $                  | 106.9  |   |   | $ | 101.5 |   |
| JBT AeroTech                                          |   |               | 92.5   |   |   |   | 67.4 |   |
| Other revenue (1) and intercompany eliminations       |   |               | 2.1    |   |   |   | 0.1 |   |
| Total revenue                                         |   | $                  | 201.5  |   |   | $ | 169.0 |   |
|                                                  |   |               |   |   |   |   |   |   |
| Income before income taxes                            |   |               |   |   |   |   |   |   |
| Segment operating profit:                             |   |               |   |   |   |   |   |   |
| JBT FoodTech                                          |   | $                  | 5.7    |   |   | $ | 8.6 |   |
| JBT AeroTech                                          |   |               | 7.7    |   |   |   | 4.8 |   |
| Total segment operating profit                        |   |               | 13.4   |   |   |   | 13.4 |   |
| Corporate items:                                      |   |               |   |   |   |   |   |   |
| Corporate expense (2)                                 |   |               | (4.0   | ) |   |   | (3.7 | ) |
| Other expense, net (1)                                |   |               | (0.1   | ) |   |   | (1.8 | ) |
| Net interest expense                                  |   |               | (1.7   | ) |   |   | (1.9 | ) |
| Total corporate items                                 |   |               | (5.8   | ) |   |   | (7.4 | ) |
| Income from continuing operations before income taxes |   | $                  | 7.6    |   |   | $ | 6.0 |   |

----

| (1) | Other revenue comprises certain gains and losses on derivatives related to foreign exchange exposure. Other expense, net, generally includes stock-based compensation, other employee benefits, LIFO adjustments, restructuring costs, foreign exchange gains and losses, and the impact of unusual or strategic transactions not representative of segment operations.  Restructuring costs included in other expense, net were: |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (in millions) |   | 2011   |   |   | 2010   |   |
|---------------|--------|--------|--------|--------|--------|--------|
| JBT FoodTech  |   | $      | 1.0    |   |   | $      | 0.9 |   |
| JBT AeroTech  |   |   | -      |   |   |   | - |   |
| Total         |   | $      | 1.0    |   |   | $      | 0.9 |   |

| (2) | Corporate expense primarily includes corporate staff expenses. |
|-----|----------------------------------------------------------------|

----

| ITEM 2. | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS |
|--------------|---------------------------------------------------------------------------------------------|

|         | • |   | freezer solutions for the freezing and chilling of meat, seafood, poultry, ready-to-eat meals, fruits, vegetables and bakery products;                                       |
|--------------|---------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|         | • |   | protein processing solutions that portion, coat and cook poultry, meat, seafood, vegetable and bakery products;                                                              |
|         | • |   | in-container processing solutions for fruits, vegetables, soups, sauces, dairy and pet food products as well as ready-to-eat meals in a wide variety of modern packages; and |
|    | • |   | fruit processing solutions that extract, concentrate and aseptically process citrus, tomato and other fruits.                                                                |

|         | • |   | ground support equipment for cargo loading, aircraft deicing and aircraft towing;                                |   |   |   |   |
|--------------|---------|--------|------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|
|    | • |   | gate equipment for passenger boarding, on the ground aircraft power and cooling;                                 |   |   |   |
|    | • |   | airport services for maintenance of airport equipment, systems and facilities;                                   |   |   |
|    | • |   | military equipment for cargo loading, aircraft towing and on the ground aircraft cooling; and                    |   |
|         | • |   | automated guided vehicles for material handling in the automotive, printing, warehouse, and hospital industries. |

----

|                                                  |   | Three Months Ended |   |   |                      |   |   |   |   |
|-------------------------------------------------------|--------|--------------------|--------|--------|---------------------------|--------|--------|--------|--------|
|                                                  |   | March 31,          |   |   | Favorable / (Unfavorable) |   |
| (In millions, except %)                               |   | 2011               |   |   | 2010                      |   |   | $      |   |   | % |   |
| Revenue                                               |   | $                  | 201.5  |   |                      | $      | 169.0  |   |   | $ | 32.5 |   |   |   | 19.2 | % |
| Cost of sales                                         |   |               | 150.3  |   |                      |   | 122.1  |   |   |   | (28.2 | ) |   |   | (23.1 | ) |
| Gross profit                                          |   |               | 51.2   |   |                      |   | 46.9   |   |   |   | 4.3 |   |   |   | 9.2 |   |
| Selling, general and administrative expense           |   |               | 37.7   |   |                      |   | 35.2   |   |   |   | (2.5 | ) |   |   | (7.1 | ) |
| Research and development expense                      |   |               | 4.9    |   |                      |   | 4.3    |   |   |   | (0.6 | ) |   |   | (14.0 | ) |
| Other income, net                                     |   |               | (0.7   | )      |                      |   | (0.5   | )      |   |   | 0.2 |   |   |   | 40.0 |   |
| Operating income                                      |   |               | 9.3    |   |                      |   | 7.9    |   |   |   | 1.4 |   |   |   | 17.7 |   |
| Net interest expense                                  |   |               | (1.7   | )      |                      |   | (1.9   | )      |   |   | 0.2 |   |   |   | 10.5 |   |
| Income from continuing operations before income taxes |   |               | 7.6    |   |                      |   | 6.0    |   |   |   | 1.6 |   |   |   | 26.7 |   |
| Provision for income taxes                            |   |               | 2.7    |   |                      |   | 2.1    |   |   |   | (0.6 | ) |   |   | (28.6 | ) |
| Income from continuing operations                     |   |               | 4.9    |   |                      |   | 3.9    |   |   |   | 1.0 |   |   |   | 25.6 |   |
| Income from discontinued operations, net of taxes     |   |               | -      |   |                      |   | 0.1    |   |   |   | (0.1 | ) |   |   | (100.0 | ) |
| Net income                                            |   | $                  | 4.9    |   |                      | $      | 4.0    |   |   | $ | 0.9 |   |   |   | 22.5 | % |

----

|                                                  |   | Three Months Ended |   |   |                      |   |   |   |   |
|-------------------------------------------------------|--------|--------------------|--------|--------|---------------------------|--------|--------|--------|--------|
|                                                  |   | March 31,          |   |   | Favorable / (Unfavorable) |   |
| (In millions, except %)                               |   | 2011               |   |   | 2010                      |   |   | $      |   |   | % |   |
| Revenue                                               |   |               |   |   |                      |   |   |   |   |   |   |   |   |
| JBT FoodTech                                          |   | $                  | 106.9  |   |                      | $      | 101.5  |   |   | $ | 5.4 |   |   |   | 5.3 | % |
| JBT AeroTech                                          |   |               | 92.5   |   |                      |   | 67.4   |   |   |   | 25.1 |   |   |   | 37.2 |   |
| Other revenue and intercompany eliminations           |   |               | 2.1    |   |                      |   | 0.1    |   |   |   | 2.0 |   |   |   | * |   |
| Total revenue                                         |   | $                  | 201.5  |   |                      | $      | 169.0  |   |   | $ | 32.5 |   |   |   | 19.2 | % |
|                                                  |   |               |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Income before income taxes                            |   |               |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Segment operating profit:                             |   |               |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| JBT FoodTech                                          |   | $                  | 5.7    |   |                      | $      | 8.6    |   |   | $ | (2.9 | ) |   |   | (33.7 | ) % |
| JBT AeroTech                                          |   |               | 7.7    |   |                      |   | 4.8    |   |   |   | 2.9 |   |   |   | 60.4 |   |
| Total segment operating profit                        |   |               | 13.4   |   |                      |   | 13.4   |   |   |   | - |   |   |   | - |   |
| Corporate items:                                      |   |               |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Corporate expense                                     |   |               | (4.0   | )      |                      |   | (3.7   | )      |   |   | (0.3 | ) |   |   | (8.1 | ) |
| Other expense, net                                    |   |               | (0.1   | )      |                      |   | (1.8   | )      |   |   | 1.7 |   |   |   | 94.4 |   |
| Net interest expense                                  |   |               | (1.7   | )      |                      |   | (1.9   | )      |   |   | 0.2 |   |   |   | 10.5 |   |
| Total corporate items                                 |   |               | (5.8   | )      |                      |   | (7.4   | )      |   |   | 1.6 |   |   |   | 21.6 |   |
| Income from continuing operations before income taxes |   | $                  | 7.6    |   |                      | $      | 6.0    |   |   | $ | 1.6 |   |   |   | 26.7 | % |

----

| (in millions) |   | 2011   |   |   | 2010   |   |   |   |   |   |   |   |
|---------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| JBT FoodTech  |   | $      | 1.0    |   |   | $      | 0.9    |   |   |
| JBT AeroTech  |   |   | -      |   |   |   | -      |   |   |   |   |   |   |   |   |   |
| Total         |   | $      | 1.0    |   |   | $      | 0.9    |   |   |

----

|                                |   | Three Months Ended |   |
|-------------------------------------|--------|--------------------|--------|
|                                |   | March 31,          |   |
| (In millions)                       |   | 2011               |   |   | 2010 |   |
| JBT FoodTech                        |   | $                  | 133.8  |   |   | $ | 128.2 |   |
| JBT AeroTech                        |   |               | 77.3   |   |   |   | 114.7 |   |
| Other and intercompany eliminations |   |               | 2.1    |   |   |   | 0.1 |   |
| Total inbound orders                |   | $                  | 213.2  |   |   | $ | 243.0 |   |

| (In millions)             |   | March 31, 2011 |   |   | December 31, 2010 |   |   | March 31, 2010 |   |
|---------------------------|--------|----------------|--------|--------|-------------------|--------|--------|----------------|--------|
| JBT FoodTech              |   | $              | 130.3  |   |              | $      | 103.4  |           |   | $ | 123.4 |   |
| JBT AeroTech              |   |           | 168.2  |   |              |   | 183.4  |           |   |   | 162.0 |   |
| Intercompany eliminations |   |           | -      |   |              |   | -      |           |   |   | (0.2 | ) |
| Total order backlog       |   | $              | 298.5  |   |              | $      | 286.8  |           |   | $ | 285.2 |   |

----

|                                                         |   | Three Months Ended |   |
|--------------------------------------------------------------|--------|--------------------|--------|
|                                                         |   | March 31,          |   |
| (In millions)                                                |   | 2011               |   |   | 2010 |   |
| Cash provided (required) by continuing operating activities  |   | $                  | 21.9   |   |   | $ | (4.0 | ) |
| Cash required by investing activities                        |   |               | (5.8   | ) |   |   | (2.0 | ) |
| Cash (required) provided by financing activities             |   |               | (19.8  | ) |   |   | 1.5 |   |
| Cash required by discontinued operations                     |   |               | (0.1   | ) |   |   | (0.1 | ) |
| Effect of exchange rate changes on cash and cash equivalents |   |               | 0.1    |   |   |   | (0.1 | ) |
| Decrease in cash and cash equivalents                        |   | $                  | (3.7   | ) |   | $ | (4.7 | ) |

| Debt Instrument / Covenant   |   | Measurement                        |   | Result as of March 31, 2011 |   |
|------------------------------|--------|------------------------------------|--------|-----------------------------|--------|
| Revolving credit facility    |   |                               |   |                        |   |
| Interest coverage ratio (1)  |   |  Not less than 3.5            |   |                        | 12.9   |   |
| Leverage ratio (2)           |   |  Not greater than 3.0         |   |                        | 1.4    |   |
| Capital expenditures (3)     |   |  Not greater than $33 million |   | $5.8 million                |   |
| Dividends paid               |   |  Not greater than $20 million |   | $2.4 million                |   |
| 6.66% senior unsecured notes |   |                               |   |                        |   |   |
| Interest coverage ratio (1)  |   |  Not less than 2.75           |   |                        | 12.9   |   |
| Leverage ratio (2)           |   |  Not greater than 3.25        |   |                        | 1.4    |   |

----

----

| (1) | Interest coverage ratio is a comparison of the trailing twelve months Consolidated EBITDA, defined as net income plus interest expense plus income tax expense plus depreciation and amortization plus non-cash expenses and extraordinary, unusual and non-recurring items, to trailing twelve months interest expense. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Leverage ratio is a comparison of the total indebtedness, defined as total debt plus guarantees of indebtedness of others plus obligations under financial letters of credit issued against the credit facility, to the trailing twelve month Consolidated EBITDA, as defined above. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Capital expenditures are limited to $30 million plus 50 percent of the unutilized amount from prior year. |
|-----|-----------------------------------------------------------------------------------------------------------|

| ITEM 3. | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK |
|--------------|------------------------------------------------------------|

| ITEM 4. | CONTROLS AND PROCEDURES |
|--------------|-------------------------|

|   | i) | effective in ensuring that information required to be disclosed is recorded, processed, summarized and reported within time periods specified in the SEC’s rules and forms; and |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | ii) | effective in ensuring that information required to be disclosed is accumulated and communicated to management, including our principal executive officer and principal financial officer, as appropriate to allow timely decisions regarding required disclosure. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| ITEM 1. | LEGAL PROCEEDINGS |
|--------------|-------------------|

| ITEM 1A. |     RISK FACTORS |
|---------------|---------------------------------|

| ITEM 2. | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS |
|--------------|-------------------------------------------------------------|

| ITEM 3. | DEFAULTS UPON SENIOR SECURITIES |
|--------------|---------------------------------|

| ITEM 5. | OTHER INFORMATION |
|--------------|-------------------|

| ITEM 6. | EXHIBITS |
|--------------|----------|

|                             |   |                                                                                                                                       |
|----------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------|
| Number inExhibit Table |   | Description                                                                                                                                |
| 15                               |   | Letter re: Unaudited interim financial information.                                                                                        |
|                             |   |                                                                                                                                       |
| 31.1                             |   | Certification of Chief Executive Officer Pursuant to Rule 13a-14(a)/15d-14(a).                                                             |
|                             |   |                                                                                                                                       |
| 31.2                             |   | Certification of Chief Financial Officer Pursuant to Rule 13a-14(a) /15d-14(a).                                                            |
|                             |   |                                                                                                                                       |
| 32.1                             |   | Certification of Chief Executive Officer Pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|                             |   |                                                                                                                                       |
| 32.2                             |   | Certification of Chief Financial Officer Pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|                             |   |                                                                                                                                       |
|                             |   |                                                                                                                                       |

----

|                               |
|------------------------------------|
| John Bean Technologies Corporation |
| (Registrant)                       |
|                               |

| /s/ Megan J. Donnelly                                |   |
|------------------------------------------------------|--------|
| Megan J. Donnelly                                    |   |
| Chief Accounting Officer, andduly authorized officer |   |

| Date: May 10, 2011 |
|-------------------------|

----

|                             |   |                                                                                                                                       |
|----------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------|
| Number inExhibit Table |   | Description                                                                                                                                |
| 15                               |   | Letter re: Unaudited interim financial information.                                                                                        |
|                             |   |                                                                                                                                       |
| 31.1                             |   | Certification of Chief Executive Officer Pursuant to Rule 13a-14(a) /15d-14(a).                                                            |
|                             |   |                                                                                                                                       |
| 31.2                             |   | Certification of Chief Financial Officer Pursuant to Rule 13a-14(a) /15d-14(a).                                                            |
|                             |   |                                                                                                                                       |
| 32.1                             |   | Certification of Chief Executive Officer Pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|                             |   |                                                                                                                                       |
| 32.2                             |   | Certification of Chief Financial Officer Pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|                             |   |                                                                                                                                       |
|                             |   |                                                                                                                                       |
|                             |   |                                                                                                                                       |
|                             |   |                                                                                                                                       |