JBT Corporation, a global technology solutions provider to the food processing and air transportation industries, announced it has purchased the assets of Wolf-tec, Inc. Located in Kingston, N.Y., the company is an innovative equipment manufacturer providing processing solutions for poultry, beef, pork, and seafood. Wolf-tec's protein processing technologies focus on ingredient preparation, blending, injection, marination, massaging, and portioning. The company also provides turnkey solutions encompassing high levels of automation to the protein processing industry.
The purchase price was $54 million, before customary post-closing adjustments.