{
  "docId": "019dd923-5e88-73ef-bd5e-7825f738cae3",
  "docSlug": "7e605dfe48cc468a",
  "documentTitle": "2026 Investor Day",
  "authorId": "JBT-Marel",
  "authorName": "JBT Marel",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 12,
  "pageCount": 96,
  "prevPage": 11,
  "nextPage": 13,
  "slideType": "industry_trends",
  "function": "quantify_impact",
  "density": "overcrowded",
  "nDataPoints": 2,
  "notes": "The chart compares indexed CAPEX growth from 2007 to 2025.",
  "elementsJson": [
    "headline_text",
    "line_chart",
    "callout_box",
    "bullet_list",
    "big_number",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5e-7825f738cae3/12",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5e-7825f738cae3",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5e-7825f738cae3.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5e-7825f738cae3#slide-12",
  "components": [
    {
      "bbox": {
        "h": 0.08,
        "w": 0.15,
        "x": 0.482,
        "y": 0.343
      },
      "kind": "callout",
      "text": "Global F&B CAPEX CAGR ~3% vs. XLI CAPEX of ~2% from 2007 - 2025",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f7279169-34ad-4b41-a26e-f9952c3be630",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "callout",
      "text": "Food and beverage CAPEX is fundamentally less cyclical than industrial manufacturing.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-7320-7438-8a01-5808c6c7277e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.55,
        "x": 0.03,
        "y": 0.3
      },
      "kind": "chart",
      "text": "Line chart showing indexed CAPEX growth for F&B vs XLI from 2007 to 2025",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e2bce2d0-d021-49a5-bee1-e38e7532b224",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.45,
        "x": 0.21,
        "y": 0.91
      },
      "kind": "disclaimer",
      "text": "(1) Source: JBT Marel research and CapIQ. Global food and beverage represents ~50 global food and beverage producers. (2) XLI includes companies in the XLI: Industrial Sector ETF.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2c34f610-74a8-451a-a41c-5abf61a10d64",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.03,
        "y": 0.8
      },
      "kind": "legend",
      "text": "Global Food and Beverage CAPEX(1) / XLI CAPEX(2)",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d78caa83-9d8e-4f69-a5e0-12d204c1c056",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.3,
        "x": 0.67,
        "y": 0.4
      },
      "kind": "list",
      "text": "Food and beverage CAPEX is fundamentally less cyclical than industrial manufacturing. Investments by food and beverage companies are tied to structural imperatives as consumers need to eat and drink. This creates more predictable revenue mix and margin profile for JBT Marel",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "077c5e3f-e394-4d40-a710-7dfbd11ffa4a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.25,
        "x": 0.67,
        "y": 0.27
      },
      "kind": "metric",
      "text": "~2x less volatile",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7050132d-ef5e-4947-ad3e-3e24f56f26e2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "CAPEX volatility: ~2x",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-7320-7438-8a01-5d4256fc16e5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.55,
        "x": 0.03,
        "y": 0.23
      },
      "kind": "subtitle",
      "text": "CAPEX: Food and Beverage vs. Industrials (Indexed as of 2007)(1)",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a4e4c7b0-4c15-4ca7-9593-948d1bd8e26b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.55,
        "x": 0.03,
        "y": 0.04
      },
      "kind": "title",
      "text": "Serving an Industry That is Less Cyclical and More Resilient",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4e5e3f11-7a88-4c1f-9399-26a4655c44e6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.3,
        "x": 0.67,
        "y": 0.19
      },
      "kind": "title",
      "text": "Volatility of Food & Beverage CAPEX vs. XLI(1)(2)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b9ba0695-f60f-4ee4-be43-bf85e6430644",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Chart Selection Guide",
      "slug": "chart-selection-guide",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "6f798ec8-6440-4bdd-a08d-7c976272f282",
      "evidence": "The slide features a line chart showing indexed CAPEX growth for F&B vs XLI from 2007 to 2025.",
      "confidence": 0.7
    },
    {
      "name": "Data Story Arc",
      "slug": "data-story-arc",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "d0b4fe1c-5f5c-4bae-b573-d1dcae7788ca",
      "evidence": "The slide tells a story about the resilience of the food and beverage industry using data.",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 20,
      "from": 11,
      "beatId": "0690f418-4d12-4df0-9523-33a39210a070",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Satisfaction",
      "beatSlug": "monroes-sequence-satisfaction",
      "evidence": "The presentation showcases the company's capabilities, solutions, and case studies, demonstrating its ability to satisfy customer needs",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 20,
      "from": 6,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "4579285b-0b4e-497f-a7e7-75b5b4c303b7",
      "evidence": "The presentation highlights the company's purpose, values, and solutions, addressing the 'why' behind its offerings",
      "position": 0,
      "objective": "Why JBT Marel's solutions matter",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.7,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}