Harsco Takes On $5 Million in Contracts for Germany Projects

Sept. 19, 2008
Worldwide industrial services company Harsco Corp. secured nine new contracts in Germany totalling about $5 million to provide rental formwork and related access services to several large construction projects in Germany’s infrastructure sector.

Worldwide industrial services company Harsco Corp. secured nine new contracts in Germany totalling about $5 million to provide rental formwork and related access services to several large construction projects in Germany’s infrastructure sector.

The projects include a new headquarters building for E.ON Ruhrgas AG, one of Germany’s leading power suppliers, featuring two elliptical 15-story towers.Harsco will provide nearly 65,000 square feet of rental formwork. It will also supply formwork for construction of a new lime works plant being build in Steeden, Germany; a new waste incineration and processing plant; a new hotel in Berlin; and more.

“Our acquisition of the Germany-based Huennebeck division in November 2005 has significantly increased our profile in the growing worldwide market for high quality formwork on large-scale construction sites,” said Harsco chairman and CEO Salvatore Fazzolari.

Currently industry forecasts project a compound annual growth rate of between 3.2 percent and 4.6 percent within Germany’s non-residential construction sector through 2016.

Harsco is based in Harrisburg, Pa. Its Patent Construction Systems, Paramus, N.J., is No. 16 on the RER 100.