Harsco Corporation’s Hunnebeck Group Division Awarded New Rental Formwork Orders Worth Up To $4.6 Million

Worldwide industrial services company Harsco Corporation (NYSE: HSC) has announced that its Hünnebeck Group division has been awarded new rental formwork orders valued at up to $4.6 million (3.5 million euros) to support the construction of a new sports and entertainment arena in Poland, as Harsco’s Access Services business group continues to increase its presence in key growth sectors of the Eastern Europe construction and infrastructure market.

The striking architectural design of the new arena, being built in Lodz, Poland’s second largest city, draws upon Hünnebeck’s extensive technical expertise and range of advanced, highly engineered formwork equipment systems for cast-in-place concrete construction. A particularly complex part of the job is the pouring of the 24-foot tall piers which will ultimately carry the hall roof. Because of its unusual column design, two different Hünnebeck formwork systems are being used to shape and support the multi-dimensional concrete towers. Additional Hünnebeck formwork systems are being used in the project’s foundations, walls, and seating areas. The new arena is scheduled for completion in late 2008-early 2009, and will feature state-of-the-art acoustics and a scalable interior that can be adjusted for special events and smaller performances.

Acquired by Harsco in November 2005, Hünnebeck has been accretive to Harsco’s earnings since its inception, further accelerates the strategic growth of Harsco’s market-leading Access Services segment, which in addition to Hünnebeck also includes the international SGB Group division and the North America-based Patent division.