HARRISBURG, Pa., Oct. 15, 2009 - Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced today the signing of a new, multi-million dollar supply contract which expands its business with a major asphalt shingle manufacturer in the United States. The agreement is expected to add to Harsco's share of this market in 2010 and beyond.
Under the contract, Harsco's Minerals division will supply a full range of roofing granules to customer plant locations across the U.S. for use in the manufacture of asphalt shingles, principally for the residential roofing and home refurbishment markets. Harsco will support the contract from its network of 15 production facilities in 12 states as supply points to ensure uninterrupted product availability. Harsco Minerals is the United States' third largest manufacturer of roofing granules and the largest manufacturer of blasting abrasives, which it sells under its highly regarded and long-standing BLACK BEAUTY® brand.
"This expanded partnership represents a great opportunity to generate value for our customer and build a strong collaborative relationship for the future," said Gene Iannazzo, president of Harsco Minerals.
Harsco Corporation is a diversified industrial services company serving global industries that are fundamental to worldwide economic growth, including infrastructure, metals, railways and energy. Harsco is recognized as one of the Fortune 1000 leading companies in America and has been named five times to the Platinum 400 list of the best big companies by Forbes magazine. Harsco's common stock is a component of the S&P Mid Cap 400 Index and the Russell 1000 Index. Additional information can be found at Harsco's website at www.harsco.com.
Kenneth D. Julian