Harsco Takes On $5 Million in Contracts for Germany Projects

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.