Worldwide industrial solutions company Harsco Corporation (NYSE:HSC) announced today new orders for railway track maintenance equipment totaling more than $13 million from customers in Japan and North America.

The Japan order calls for Harsco's 20-stone rail grinder configuration, a self-propelled track maintenance unit that will be used to maintain rail surfaces and rail-to-wheel contours on the high-volume Shinzai and Shinkansen lines operated by the East Japan Railway Company, JR East. Delivery of the unit is scheduled for the second half of 2012. 

The orders from North America will support railway track maintenance requirements for a range of customers and include a number of machine types, including ballast tampers and a new-design tie anchor unit. Deliveries are expected to be completed by the end of this year. All of the units will be built at Harsco Rail's US production facilities.

"As these orders reconfirm, we continue to see an especially active bidding market virtually across the world for our specialized rail equipment," said Harsco Chairman, President and CEO Salvatore D. Fazzolari. "The solid geographic base we have built is a key part of our continuing optimism for this business and its prospects for long-term growth." Harsco Rail is one of the world's foremost developers and producers of equipment for the maintenance and construction of railway track. The division's ongoing production backlog includes its largest order ever, involving rail grinders for China, in addition to serving customers throughout North and South America, Europe and other parts of the world.

Harsco Corporation provides engineered industrial and environmental solutions to major industries fundamental to worldwide infrastructure development and economic growth, including steel and metals, construction, 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 www.harsco.com. 

The Harsco Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=361 

CONTACT: Investor Contact
         Eugene M. Truett
         717.975.5677
         etruett@harsco.com
         
         Media Contact
         Kenneth D. Julian
         717.730.3683
         kjulian@harsco.com
Harsco (NYSE:HSC)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Harsco Charts.
Harsco (NYSE:HSC)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Harsco Charts.