News and Events
Subject: Astralloy Sale
Story Filed: Tuesday, April 13, 1999 11:47 AM EST
HARRISBURG, Pa., April 13 /PRNewswire/ -- Harsco Corporation (NYSE: HSC) announced today that it has completed the sale of its Astralloy Wear Technology specialty metals unit to International Metal Service (IMS), a France-based affiliate of the Usinor-Sacilor Groupe S.A., for $8 million in cash.
Located in Birmingham, AL, Astralloy Wear Technology produces wear- resistant steel components for a variety of industrial uses. IMS specializes in metallurgical products for the anti-abrasion, anti-corrosion and engineering steel markets, with sales in some 50 countries.
Harsco Corporation is a diversified, $1.73 billion international provider of industrial services and products employing over 15,000 people at operations in 34 countries. Additional information about Harsco can be found online at www.harsco.com <http://www.harsco.com>, or by Fax at 800-758-5804, extension 396725.