HARRISBURG, Pa., April 7, 2009 (GLOBE NEWSWIRE) -- Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced today new orders totaling close to $4 million for rental scaffolding services on a number of public sector projects in the United Kingdom and Ireland.
The orders, all of which are scheduled to begin within the next two months, underscore Harsco's multi-market balance and resiliency during times of generally weak economic conditions in this region.
The orders include a nearly $1 million, two-year industrial maintenance contract to provide rental scaffolding and erection and dismantling (E&D) services to support ongoing facility maintenance at the Dublin Bay Power Station, a modern gas turbine and steam boiler plant that supplies nearly 10 percent of Ireland's peak electricity demand.
Other new orders received by Harsco include the supply of rental scaffolding and E&D services to a large public sector refurbishment project in Glasgow. The project involves the upgrading of four blocks of housing towers, each about 20 stories (200 feet) in height. More opportunities are expected, as a further 24 blocks are planned to be upgraded over the next several years. Harsco has also been selected to support the construction of a new retirement village in Gloucester and a new multi-building city center campus for the University of Wales.
In a unique installation, Harsco will erect a scaffold-supported temporary roof structure over the two-year restoration of Tyntesfield House, a spectacular Victorian-era country estate outside Bristol recently acquired by the UK National Trust. Engineering specifications require Harsco's scaffolding to be designed and erected completely independent of the building, without touching any portion. Complex restoration projects like this are a particular niche specialty of Harsco owing to its extensive access engineering expertise and comprehensive equipment offerings.
Harsco Corporation is one of the world's leading diversified industrial services companies, serving key industries that play a fundamental role in worldwide economic growth and recovery. The Company employs approximately 20,000 people in 50 countries of operation and recorded 2008 sales of approximately $4 billion. Harsco's common stock is a component of the S&P MidCap 400 Index and the Russell 1000 Index. Additional information can be found at www.harsco.com.
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