HARRISBURG, Pa., April 17, 2009 (GLOBE NEWSWIRE) -- Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced today new orders totaling an estimated $5 million to support infrastructure projects in the Gulf Region of the Middle East, a key market for Harsco that continues to invest significantly in core infrastructure in support of the region's rapid growth.
In the UAE, Harsco will support the construction of two new parallel roads linking the eastern sector of Dubai to the outskirts of Abu Dhabi, a distance of close to 40 miles. Harsco's award draws on its versatile scaffolding and formwork equipment as well as its substantial design experience in supporting complex highway bridgework and other structures. Harsco's support of the parallel roads project is expected to continue into the first half of 2010.
In Saudi Arabia, Harsco has renewed its contract to supply rental scaffolding and installation support services throughout the western operating region of the kingdom's electric power plant network, including its two large energy facilities at Shoaiba and Rabigh where Harsco maintains full-time scaffold inventories to ensure rapid customer uptime. The contract, which builds on Harsco's professional performance over the preceding five year agreement as well as its excellent safety record and strong client relationships, carries the potential for further expansion from added work scope as well as from requirements unable to be serviced by other contractors who lack Harsco's onsite resources and expertise. Support of the recurring industrial maintenance and plant upgrade sector is a growing, noncyclical component of Harsco Infrastructure's worldwide market leadership. The Company's broad operating network throughout the Gulf Region of the Middle East represents one of the region's most experienced and best-equipped local resources for highly engineered scaffolding and formwork expertise.
Harsco Corporation serves key industries that play a fundamental role in worldwide economic growth and recovery, including infrastructure, metals and railways. 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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