HARRISBURG, Pa., Oct. 2, 2006 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today the award of 21 college scholarships to outstanding children of Harsco employees throughout the world based on their superior academic achievement, demonstrated leadership, community involvement, and personal character. The scholarships, all separately funded by the Harsco Corporation Fund charitable giving arm, are worth as much as $3,500 per year per student.
"We view the Harsco scholarship program as our opportunity to invest in some of the world's future leaders and help them realize their full potential, both as scholars and citizens," said Harsco Chairman and CEO Derek C. Hathaway. The awards mark Harsco's 32nd consecutive year of providing college scholarship assistance to the top-performing children of its employees, during which time the Company has awarded more than $3 million to over 350 talented students. International scholarships were added to the program in 1999 in parallel with Harsco's increasing global business expansion, and have already led to more than 100 awards to students in over 20 countries.
This year's winners represent ten different countries, including Australia, Brazil, Canada, Italy, Malaysia, Mexico, Serbia, Slovakia, the United Kingdom and the United States. The winners, six in the U.S. and 15 internationally, were independently evaluated and selected by the National Merit Scholarship Corporation for U.S. recipients and by the Institute of International Education for international recipients.
Harsco Corporation is a diversified, worldwide company with four market-leading business groups serving major industrial customers around the globe. The Company employs approximately 21,000 people in 45 countries of operation and recorded 2005 sales of $2.8 billion. Harsco's common stock is a component of the S&P MidCap 400 Index and the Russell 1000 Index. Additional information about Harsco can be found at www.harsco.com.
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