Harsco wins three contracts worth $18M |
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Fri, 23 Feb 2007 00:12
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HARRISBURG, Penn. (AP) - Industrial services and engineering company Harsco Corp. said Thursday it has won three new international contracts worth $18 million.The company's MultiServ division, which provides services to steel mills, won all three contracts. The first, a six-year contract with a mill in Alexandria, Egypt, would give MultiServ additional responsibilities for processing scrap steel that is to be recycled by the mill.In addition, the company won a three-year contract to provide packaging services to an Arcelor Mittal mill near Nantes, France.Finally, MultiServ also received a two-year contract expanding the services it will provide to a mill in northern France owned by LME Valenciennes Beltrame Group.Shares of Harsco gained 39 cents to close at $87.37 on the New York Stock Exchange. Shares of Arcelor Mittal's American depositary receipts rose 50 cents to close at $51.94, also on the NYSE.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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