Harsco’s Rail Division Captures New Rail Grinder Sales in North America
December 01 2016 - 4:15PM
Harsco Corporation’s railway track maintenance division, Harsco
Rail, announced today new sales of its railway track grinders for
service in contract rail grinding programs throughout North
America.
The sales to RailWorks Corporation, one of North America’s
leading track and transit construction and maintenance service
businesses, mark Harsco’s successful return to the North American
contract grinding sector, where Harsco rail grinding machines have
long been a major player in improving track conditions and
enhancing safety. Regular rail grinding re-profiles railhead
contours for extended rail life and smoother travel, thus reducing
fuel consumption, operating costs and noise, while also correcting
surface damage that could lead to rail fractures.
RailWorks already has two of the Harsco grinders in active
service, with a third unit most recently entering service in
November. The sale of a potential fourth unit is anticipated
within the first half of 2017. Once concluded, the sales are
projected to have a combined value approaching $20 million.
These latest configurations include Harsco’s Jupiter II Control
System; a laser profile measurement system that provides accurate
and reliable measurement of rail profiles in real time; and other
features such as onboard dust collection and fire suppression, and
an ergonomically-designed operator cabin equipped to minimize
external vibrations and noise.
“Our win-win relationship with RailWorks in deploying these
machines throughout North America addresses a key strategic
objective for our business,” said Jeswant Gill, Harsco Rail
President. “We could not be more pleased to mark our return
to this sector than by joining forces with one of the most trusted
names in the contract services industry.”
Harsco Rail is a global market leader for railway track
maintenance and construction, with a broad range of high quality
equipment, cutting-edge technology, and worldwide support to major
railroads worldwide. To learn more, visit
www.harscorail.com.
About Harsco Corporation Harsco Corporation
(NYSE:HSC) is a diversified industrial company providing a range of
onsite services and engineered products to the global steel, energy
and railway sectors. Harsco’s common stock is a component of
the S&P SmallCap 600 Index and the Russell 2000 Index.
Additional information can be found at www.harsco.com.
Investor Contact
David Martin
717.612.5628
damartin@harsco.com
Media Contact
Kenneth Julian
717.730.3683
kjulian@harsco.com
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