HARRISBURG, Pa., April 27, 2009 (GLOBE NEWSWIRE) -- Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced today new infrastructure sector orders from Southern Europe and Africa totaling nearly $6 million in projected revenues. The orders reflect Harsco's broad-based support to the global infrastructure sector as well as its strategies for pursuing higher growth opportunities in emerging markets, which include the Gulf Region of the Middle East, the Asia Pacific region, Africa and others.
Harsco will provide engineered formwork for the concrete construction of a new power plant being built in Algeria. The new facility is expected to produce 1,200 megawatts of power, increasing Algeria's current installed generation capacity by nearly 20 percent. Harsco will also provide formwork to the construction of an extension of a nuclear energy plant in the south of France, said to be one of the largest energy construction projects undertaken in France this decade. Harsco will supply its high-efficiency Topec soffit formwork system for use during construction of the project's cast-in-place concrete wall and flooring slabs. Work is scheduled to begin shortly and continue into 2012, with the potential for additional follow-on Harsco orders as construction continues.
In Mauritius, the island republic off the southern coast of Africa, Harsco has been selected to provide engineered formwork for the construction of a new bank. The export sales order will be directly supported from Harsco's equipment resources in France. Also in France, Harsco has been selected to provide rental formwork and on-site erection and dismantling (E&D) services to the new 585-bed Lagny-Marne la Vallee hospital being built in the eastern suburbs of Paris.
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. 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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