HARRISBURG, Penn., Jan. 18, 2005 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that its investor relations (IR) program has received "First Team" recognition as one of the best in the U.S. based on independent voting in Institutional Investor's annual investor relations survey.
Harsco's ranking, published by the Institutional Investor Research Group, reflects voting results from among more than 300 buy-side firms who rated companies on seven distinct attributes, including credibility, integrity and candor of the IR team; industry knowledge; responsiveness to information needs; and transparency and quality of financial reporting and disclosure. Other First Team winners within Harsco's Capital Goods/Industrials sector were industry giants General Electric, United Parcel Service and United Technologies Corporation.
The achievement is the latest recognition for Harsco's investor relations program, which for the past two years in a row has earned individual honors for Harsco's Director of Investor Relations, Credit and Specialized Finance, Eugene Truett, as well as company-level recognition this past year, based on independent research conducted by Investor Relations magazine among approximately 2,000 portfolio managers and analysts covering the United States.
Announcing this latest recognition, Harsco Chairman, President and CEO Derek C. Hathaway, said, "It is gratifying to again be acknowledged by the professionals within this industry for the diligent efforts we continue to make for transparent and effective communications to the financial market."
Mr. Truett has led Harsco's investor relations efforts since 1995. He is a graduate of the University of Baltimore and a member of both the National Investor Relations Institute and the Investor Relations Council of the Manufacturers Alliance/MAPI.
Harsco Corporation is a diversified, worldwide industrial services and engineered products company with annual sales in excess of $2 billion. The company's market-leading businesses provide mill services, access services, gas containment and control technologies, and engineered products and services to customers worldwide. Harsco employs 18,000 people in more than 40 countries of operation. Additional information about Harsco can be found at http://www.harsco.com.
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