HARRISBURG, Pa., April 6, 2010 (GLOBE NEWSWIRE) -- Worldwide industrial services and engineered products company Harsco Corporation (NYSE:HSC) announced today that its Harsco Rail unit has received a new railway ballast tamper order from the Brazilian market, marking another step forward in the Company's strategies for expanding its service and product support within emerging market economies. Terms of the order were not disclosed.
The Harsco tamper will be used by Brazilian contractor EGESA Engenharia S.A. in the construction of railway track throughout Brazil, working on behalf of VALEC, Brazil's government entity for railway construction. The laser-guided Harsco tamper is designed to precisely align and stabilize railway track by raising the rail to the desired height and packing the supporting ballast foundation. The Brazilian unit will be equipped with Harsco's Tie Sensor technology, a computer-aided tie indexing system that further increases productivity by programming the frequency and placement of the unit's tamping tools.
When completed and delivered later this year, the new tamper will join a growing Harsco Rail equipment and support presence in Brazil. Harsco Rail is the largest provider of railway track maintenance of way services and equipment in the U.S. and the second largest in the world, serving customers in virtually every geographic sector. Its operations include facilities in the U.S., U.K. and Australia. The new tamper will be constructed at Harsco Rail's U.S. production facilities.
Harsco Corporation is one of the world's leading diversified industrial services and engineered products companies. Harsco serves key industries that play a fundamental role in worldwide economic growth, including infrastructure construction, metals, railways and energy. 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 http://www.harsco.com/">www.harsco.com.
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