Harsco

Harsco is a US-based industrial services company, operating mainly in the sectors of steel and iron industry, track construction, energy and environmental technology. Headquarters of the Group is Camp Hill, a suburb of Harrisburg, Pennsylvania.

History

The company was founded in 1853 as The Harrisburg Car Manufacturing Company initially manufactured railroad cars for passenger and freight transport ( including one of the first American refrigerator car ). A successor company, the Harrisburg Pipe & Pipe Bending Company, was concerned in the 1890s with pipe - bending plant production and in particular for refrigerators and was involved in the construction of the first powered with artificial ice skating rink in the world in Pittsburgh. 1902 began the first American manufacturer with the production weld -free compressed gas cylinder and became one of America's leading manufacturer of oxygen tank. 1935, the company was renamed in Harrisburg Steel Corporation; it produced, among other accessories for pipelines. 1956 Harrisburg Steel merged with its subsidiaries and went as Harsco Corporation on the New York Stock Exchange (symbol: HSC), where the stock 400 Index and Russell 1000 Index is listed today in the S & P MidCap. The largest single shareholder with a share of 6% of the U.S. investment companies Earnest Partners (November 2008).

Indicators

The turnover in 2007 amounted to 3.688 billion U.S. dollars, about 34 % in North America and 47 % in Western Europe of which were earned. The group is currently active in more than 40 countries and employs approximately 31,000 employees. Chairman and CEO Salvatore D. Fazzolari.

Structure

The business activities of Harsco is divided into three divisions, where Harsco is always among the market leaders:

• Mill Services: services for the steel processing ( plant and entertaining, logistics, slag waste management, etc.). This division forms the British group MultiServ. It deals in more than 30 countries around 160 sites representing more than 12,000 employees. The division generated 2007 revenue of $ 1.5 billion ( 41%).
• Access Services: This segment includes mainly the production of scaffolding, formwork and the like. Him form the British SGB Group, the German company Hünnebeck ( since November 2005) and the U.S. Patent Construction Systems. With 6,500 employees, the area Access Services 2007 sales of 1.4 billion U.S. dollars generated ( 39%).
• Minerals & Rail Services and Products: This business companies include Harsco Track Technologies ( equipment for track maintenance ), Excell Minerals (processing of metal waste for re- melt or as starting materials for mineral fertilizers and high-performance cements), Reed Minerals ( slag granules of sand steel work and roof tile coating ), Air-X - Changers ( air-cooled heat exchangers that are used inter alia in natural gas production ), ICG Industries ( manufacture of Grating ) and Patterson - Kelley ( equipment for heat transfer in the commercial and industrial sectors ). The region in 2007 achieved a turnover of 750 million U.S. dollars ( 20%).