Harsco
Harsco Corporation
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legal form | Corporation |
ISIN | US4158641070 |
founding | 1853 |
Seat | Camp Hill , United States |
management | F. Nicholas Grasberge, CEO |
Number of employees | 9,900 |
sales | 1,722,000,000 US dollars |
Branch | Industrial services |
Website | www.harsco.com |
As of December 31, 2018 |
Harsco is a US industrial service provider that primarily operates in the steel and iron industry , track construction , energy and environmental technology sectors. The corporate group is headquartered in Camp Hill , a suburb of Harrisburg in the state of Pennsylvania .
history
The company was founded in 1853 as The Harrisburg Car Manufacturing Company and initially produced railroad cars for transporting people and goods (including one of the first American refrigerated cars). A successor company, the Harrisburg Pipe & Pipe Bending Company , dealt in the 1890s with the manufacture and bending of pipes, especially for refrigeration equipment, and was involved in the construction of the world's first artificial ice rink in Pittsburgh. In 1902, the first American manufacturer began to produce pressurized gas cylinders without welding seams and became one of the leading American manufacturers of oxygen tanks. In 1935 the company was renamed Harrisburg Steel Corporation ; among other things, it produced accessories for pipelines. In 1956, Harrisburg Steel merged with its subsidiaries and went public as Harsco Corporation on the New York Stock Exchange , where the stock is now listed in the S&P MidCap 400 Index and Russell 1000 Index. The largest single shareholder is the US investment company Earnest Partners with a share of 6% (as of November 2008).
Key figures
Sales amounted to 2018 to 1.8 billion US dollars . The group is now active in more than 40 countries and employs around 9,900 people, compared to 19,600 in 2009.
structure
Harsco's business is divided into three divisions, in which Harsco is among the market leaders:
- Mill Services: Services related to steel processing (plant construction and maintenance, logistics, slag disposal, etc.). This division is made up of the British group MultiServ . It employs more than 12,000 people in over 30 countries at around 160 locations. The division had sales of $ 1.5 billion in 2007, or 41%.
- Access Services: This division primarily includes the manufacture of scaffolding, formwork and the like. It is made up of the British SGB Group, the German company Hünnebeck (since November 2005) and the US Patent Construction Systems . With 6,500 employees, the Access Services division generated sales of 1.4 billion US dollars in 2007 (39%).
- Minerals & Rail Services and Products: This business area includes the companies Harsco Track Technologies (equipment for track maintenance), Excell Minerals (processing metal-containing slag for remelting or raw materials for mineral fertilizers and high-performance cements ), Reed Minerals (slag granules for sandblasting work and for coating roof tiles ), Air-X-Changers (air-cooled heat exchangers, which are used, among other things, in natural gas production), IKG Industries (production of gratings) and Patterson-Kelley (equipment for heat transfer in commercial and industrial areas). The division had 2007 sales of $ 750 million, or 20%.
Individual evidence
- ↑ a b 2018 Form 10-K Report , accessed May 17, 2019
- ↑ Annual Report 2013