| Central Penn Business Journal
Harsco receives $20M China, Korea, UK railway orders
Cumberland County-based Harsco Corp. said over the next two years it will provide railroad maintenance equipment to companies in China and South Korea as part of contracts totaling $20 million.
Harsco Rail will provide Ningbo Rail Transit Group Co. Ltd. with grinder vehicles to smooth and recontour rail surfaces for a new rapid transit system being built in Ningbo, a city of about 7 million residents on China's central coast. The order builds on Harsco's previous deals with metro lines elsewhere in the country.
The company sold maintenance equipment to Sampyo Engineering & Construction, a South Korean bridge and railway construction firm building a 113-mile high-speed train line for Korea Train Express among the cities of Osong, Gwangju and Mokpo.
Harsco also sold a rail grinder to the railway lines in the United Kingdom. The company has operated rail maintenance equipment there for the past 10 years, it said.
The company landed three rail maintenance orders worth about $25 million in March. Meanwhile, it's still searching for a new CEO after Salvatore Fazzolari resigned in February.
Wormleysburg-based Harsco provides products and services to the metals production, construction, railway and energy industries. It trades its shares on the New York Stock Exchange under the ticker symbol HSC.