HARRISBURG, Pa., May 13, 2010 (GLOBE NEWSWIRE) -- Worldwide industrial services and engineered products company Harsco Corporation (NYSE:HSC) announced today that its Harsco Metals business has been awarded a new multi-year contract valued in excess of $30 million by one of Latin America's leading zinc producers that marks the Company's first expansion of its onsite mill services into the global zinc industry.
Announcing the award, Harsco Chairman and CEO Salvatore D. Fazzolari said, "In evidence here are two of our fundamental business strategies, first to continue to expand our presence in the world's emerging market economies, and secondly to further expand our Harsco Metals business platform across the broader, non-ferrous metals sector." The new contract adds to Harsco's multi-industry presence throughout the Latin America region, where the Company already supports the steel, infrastructure, railway and minerals sectors.
Harsco's services, now underway, include the on-site receipt and handling of incoming zinc concentrates and handling of finished products and by-product residues. The new contract is expected to generate positive Economic Value Added (EVA®) benefit from its first year of operation.
Harsco Corporation is one of the world's leading diversified industrial services and engineered products companies, serving key industries that play a fundamental role in worldwide economic growth. 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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