BNET Industries

Harsco Corp.

(HSC) is in the Manufacturing Industry

Market Cap:$2.6B
Last Fiscal Year Sales:$3.9B
  • Public
  • US
Dow Jones Description

Harsco Corporation ("the Company") is a diversified, multinational provider of market-leading industrial services and engineered products. The Company's operations fall into two reportable segments: Harsco Infrastructure (formerly Access Services) and Harsco Metals (formerly Mill Services), plus an "all other" category labeled Harsco Minerals & Rail. The Company has locations in 50 countries, including the United States. The Company was incorporated in 1956.

President, Chief Executive Officer
Carolyn F. Scanlan
Number of Employees 21,500
Contact Information

350 Poplar Church Rd

Camp Hill, Pennsylvania 17001

harsco.com

(717) 763-7064

NAICS Code Fabricated Structural Metal Manufacturing: 332312

Recent Events

  • Harsco Gets $100 Mln. Steel Mill Services Contract In Italy - Update

    10/30/09 - Joint Venture / Alliance - View Story

  • US trade chief calls for more access to green-energy sector

    10/28/09 - Joint Venture / Alliance - View Story

  • Harsco Enters Into JV Partnership With A Construction Group In China - Quick Facts

    10/28/09 - Joint Venture / Alliance - View Story

  • Harsco Corp acquires Nicol UK Ltd

    10/13/09 - Merger / Acquisition - View Story

  • Market Report -- Short Stories HSC

    10/06/09 - Bond / Stock Rating - View Story

  • Harsco Corporation to Release Third Quarter 2009 Results and Hold Conference Call On October 29,...

    9/28/09 - Financial Announcement - View Story

  • Harsco Corp announces dividend payouts of USD0.20 per share

    9/23/09 - Stock Split / Dividend - View Story

  • Fitch Affirms Harsco Corp.'s IDR at 'A-'; Outlook Stable

    8/26/09 - Bond / Stock Rating - View Story

  • Fitch Affirms Harsco Corp.'s IDR at 'A-'; Outlook Stable

    8/26/09 - Bond / Stock Rating - View Story

  • Analyst Upgrades for August 19th

    8/19/09 - Bond / Stock Rating - View Story

  • Raymond James Downgrades Harsco HSC to Underperform

    7/29/09 - Bond / Stock Rating - View Story

  • MultiServ, union to resume bargaining

    7/14/09 - Financial Announcement - View Story

  • Harsco Names New Head of International Sales for Harsco Rail Unit

    5/27/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

harsco corp. - All News and Analysis

  • Harsco Corporation Q2 2008 Earnings Call Transcript

    Seeking Alpha - 2008-07-29

    Question-and-Answer SessionOperator Operator Instructions. Your first question comes from the line of Curt Woodworth with JP Morgan. Curt Woodworth Hi. Good afternoon. Salvatore Fazzolari Hi, Curt. Curt Woodworth Sal, can you provide a little bit more color on your outlook for the Access Business in the...

    Tags: Harsco Corp.

  • Harsco Corporation Q1 2008 Earnings Call Transcript

    Seeking Alpha - 2008-04-22

    Question-and-Answer SessionOperator Operator Instructions. Your first question comes from the line of Jeff Hammond with Keybanc Capital Markets. Jeff Hammond Hi good afternoon guys. Sal Fazzolari Hi Jeff. Steve Schnoor Hey Jeff. Jeff Hammond I just wanted to I guess get a little more granular on this Mill...

    Tags: Harsco Corp.

  • Harsco Corp. Q4 2007 Earnings Call Transcript

    Seeking Alpha - 2008-01-31

    Question-and-Answer Session Operator Operator Instructions Your first question comes from Curtis Woodworth with J.P. Morgan. Curtis Woodworth - J.P. Morgan In terms of your comments around Access on the outlook, based on what you are saying that you expect to see more of the same, so are you...

    Tags: Harsco Corp.

  • Harsco Corp. Q3 2007 Earnings Call Transcript

    Seeking Alpha - 2007-10-24

    Question-and-Answer Session Operator Thank you. Operator Instructions. Your first question comes from the line of Curt Woodworth of JP Morgan. Curt Woodworth - JP Morgan Yes, hi, good afternoon. Sal Fazzolari Good afternoon, Curt. Curt Woodworth - JP Morgan You know, Sal, you expressed a fair amount...

    Tags: Harsco Corp.

  • Midstate sees mammoth number of mergers, acquisitions in 2006

    - 2007-02-02

    REGION Here's a roundup of top firms, deals Three companies were especially busy dealmakers in 2006. Armstrong World Industries Inc.'s emergence from bankruptcy protection in October capped a busy year for the Lancaster County manufacturer. Cumberland County-based Harsco Corp. landed at least 23 contracts worth a...

    Tags: Armstrong World Industries Inc., Harsco Corp., Hersha Hospitality Trust

Decision Makers

Name (plus bio) Position
Carolyn F. Scanlan President, Chief Executive Officer
Galdino Claro Chief Executive Officer of The Harsco Metals Group
Geoffrey D. Butler Chief Executive Officer
Geffrey D H. Butler President
John W. Barrett Chief Operating Officer of The Harsco Infrastructure Group
Scott H. Gerson Chief Information Officer
Stephen J. Schnoor Senior Vice President and Chief Financial Officer
Geoffrey D. H. Butler Senior Vice President, Operations
Mark E. Kimmel Assistant General Counsel
Richard Neuffer Senior V.P. and Group. President
Eugene Truett Vice President, Ir & Credit
Gerald F. Vinci Vice President Human Resources Americas
James I Scheiner Vice President of Century Engineering
Michael A. Higgins Vice President, Internal Audit
Michael H. Kolinsky Vice President, Taxes
Richard A. Sullivan Vice President of Business Transformation
Richard M. Wagner Vice President and Controller
Bryan West Director of Global Health and Safety
Kenneth Julian Director, Communications
Kathy G. Eddy Certified Public Accountant
Geoffery D. H. Butler Director
Joseph P. Viviano Director
Robert C. Wilburn Director

Board of Directors

Name (plus bio) Position
Salvatore D. Fazzolari Chairman and CEO
Andrew J. Sordoni Board of Directors
D. Howard Pierce Board of Directors
Henry W. Knueppel Board of Directors
Jerry J. Jasinowski Board of Directors
Stuart E. Graham Board of Directors
Terry D. Growcock Board of Directors

Organization Position Status
The Hospital & Healthsystem Association of Pennsylvania Chief Executive Officer Current
Phico Group Inc. Chairman , Board Former
The Hospital & Healthsystem Association of Pennsylvania Executive Assistant Current
Phico Insurance Company Inc. Chairman Current
Harsco Corporation Director Current
The Hospital & Healthsystem Association of Pennsylvania President Former

Organization Position Status
Harsco Corporation Chief Executive Officer of The Harsco Metals Group Current

Organization Position Status
MultiServ International CEO Current
Harsco Corporation Chief Executive Officer Current
Harsco Corporation President of Harsco Corporation Current
Harsco Corporation Chief Operating Officer Former

SALVATORE D. FAZZOLARI was named Chairman and Chief Executive Officer in 2008 and has been a member of the Harsco Board of Directors since January 2002. Mr. Fazzolari has served in the senior management of Harsco since 1980, holding progressively responsible positions as Director of Auditing, Corporate Controller, Chief Financial Officer and Treasurer, and President. Mr. Fazzolari is a Certified Public Accountant and a Certified Information Systems Auditor. A graduate of Penn State University, Mr. Fazzolari was recently honored as an Alumni Fellow, the highest honor given to an alumnus by the Penn State Alumni Association. He is a member of the American Institute of Certified Public Accountants and the Pennsylvania Institute of Certified Public Accountants. Mr. Fazzolari is also a member of the Board of Directors of Susquehanna University and serves as an Advisory Board Member of Susquehanna's Sigmund Weis School of Business.

Organization Position Status
Harsco Corporation Chairman and CEO Current
Pennsylvania Institute of Certified Public Accountants Board of Directors Current
Susquehanna University Board of Directors Current
Harsco Corporation President Former
Harsco Corporation Chief Financial Officer Former
Harsco Corporation Senior Vice President Former
Harsco Corporation Director , Auditing Former
Harsco Corporation Controller Former
Harsco Corporation Board of Directors Former
The Pennsylvania State University Former

Organization Position Status
Harsco Corporation President Current
Harsco Corporation Board of Directors Current

Organization Position Status
Harsco Corporation Chief Operating Officer of The Harsco Infrastructure Group Current

Organization Position Status
Harsco Corporation Chief Information Officer Current
Kulicke & Soffa Industries, Inc. It Director , Worldwide Application Services Former
TRW, Inc. It Management Capacities Former
Compaq Computers It Management Capacities Former

STEPHEN J. SCHNOOR serves as Senior Vice President and Chief Financial Officer. He had been serving as Vice President and Controller of the Corporation since 1998. He previously served as Vice President and Controller of the Patent Construction Systems Division and has held various auditing positions for the corporation since joining Harsco in 1988. Mr. Schnoor previously served in various auditing positions for PricewaterhouseCoopers.

Organization Position Status
Harsco Corporation Senior Vice President and Chief Financial Officer Current

Organization Position Status
Harsco Corporation Senior Vice President, Operations Current
Harsco Corporation Board of Directors Current

Array

Organization Position Status
Harsco Corporation Senior Vice President Current
Harsco Corporation Secretary Current
New World Pasta Company Vice President, Administration Former
New World Pasta Company General Counsel Former
Hershey Foods Corporation Legal Positions Former

Organization Position Status
Patterson-Kelley President Current
Harsco Corporation Senior V.P. and Group. President Current
Harsco Corporation Vice President and Chief Executive Officer for The Company's Harsco Minerals & Rail Business Group Current
Harsco Corporation President , Engineered Products and Services Business Group Former
Patterson-Kelley Vice President Former
IKG Industries General Manager Former
Patterson-Kelley General Manager Former
Harsco Corporation General Manager, Air, X, Changers Units Former

Organization Position Status
Harsco Corporation Vice President, Ir & Credit Current
Harsco Corporation Director, Investor Relations Former
PHH Corporation Assistant Treasurer , Credit Management and Investor Relations Former

GERALD F. VINCI serves as Vice President Human Resources Americas. He joined Harsco in 1997 as Senior Counsel in the Legal Department. In 1998, he moved to the HR Department serving as Senior Director Human Resources and Employment Counsel. Prior to joining Harsco, Mr. Vinci worked as Legal Counsel for the Sun Company, Inc. in Philadelphia. He has been a member of the Pennsylvania Bar since 1990.

Organization Position Status
Harsco Corporation Vice President Human Resources Americas Current
Harsco Corporation Senior Counsel Current
Sun Company, Inc. Legal Counsel Former

Organization Position Status
Benatec President Current
Harsco Corporation Vice President of Century Engineering Current
Benatec Chairman of the Board Current
Harsco Corporation Board of Directors Current
Revenue Secretary Former

Organization Position Status
Harsco Corporation Vice President, Internal Audit Current

Organization Position Status
Harsco Corporation Vice President, Taxes Current
Ernst & Young Tax Consulting Senior Manager Former

RICHARD A. SULLIVAN joined Harsco in 2009 as Vice President of Business Transformation, where he leads Harsco's enterprise-wide initiatives for continuous improvement and global processchange. He brings to the position more than 20 years of senior management experience in planning and leading continuous improvement programs, having directed the implementation of Lean Enterprise/Six Sigma initiatives for Carpenter Technology Corporation. Mr. Sullivan is a certified Six Sigma master black belt and American Society for Quality (ASQ) certified quality engineer and quality manager.

Organization Position Status
Harsco Corporation Vice President of Business Transformation Current

RICHARD M. WAGNER serves as Vice President and Controller. He joined Harsco in 2007 and has been serving as Assistant Controller since that time. Prior to joining Harsco, Mr. Wagner held management responsibilities for financial reporting at Bayer Corporation in Pittsburgh, PA. He previously held a number of financial management positions both in the U.S. and internationally with Kennametal Inc., and also served as an audit manager with Deloitte & Touche.

Organization Position Status
Harsco Corporation Vice President and Controller Current
Deloitte & Touche LLP Audit Manager Former
Harsco Corporation Principal Accounting Officer Former

Organization Position Status
Harsco Corporation Director of Global Health and Safety Current

Organization Position Status
Harsco Corporation Director, Communications Current

KATHY G. EDDY is a Certified Public Accountant and a founding partner of McDonough, Eddy, Parsons & Baylous, A.C., a Parkersburg, West Virginia-based public accounting and financial services corporation. She served as Chairman of the American Institute of Certified Public Accountants (AICPA) Board of Directors from 2000 to 2001 and has served on the AICPA Board, governing Council and numerous committees, including the Audit, Finance, Compensation, Strategic Planning, State Legislation and the Special Committee on Mobility. She has also served as Chair of the AICPA Special Committee on State Regulation. In addition, Ms. Eddy has been active in her home state serving as President of the West Virginia Society of Certified Public Accountants and as President of the West Virginia Board of Accountancy. She has been a Harsco Director since 2004. She is Chair of the Audit Committee and a member of the Executive Committee and the Nominating & Corporate Governance Committee.

Organization Position Status
McDonough Corporation Partner Current
Harsco Corporation Certified Public Accountant Current
Harsco Corporation Director Current

Mr. Sordoni, former president and chairman of C-TEC Corporation parent company of Commonwealth Telephone and an officer of Sordoni Construction Services, Inc. joined Aqua America's Board of Directors in August 2006. As a director, he serves on the Board's Audit Committee. During the 14-year period Sordoni led C-TEC Corporation, the company became one of America's best-known, diversified telecommunications companies with operations in basic telephone, cable television, cellular, paging and long-distance services. Sordoni served as a director of public companies regulated by the FCC and FDIC and numerous state regulatory commissions, including Pennsylvania Gas and Water Company. Sordoni currently serves as a director of Harsco Corporation.

Organization Position Status
Aqua America, Inc. Executive Compensation Committee Current
Sordoni Construction Services Inc. Officer Current
Sordoni Construction Services Inc. Chairman Current
Aqua America, Inc. Board of Directors Current
Harsco Corporation Board of Directors Current
Sordoni Construction Services Inc. Director Former

Organization Position Status
Harsco Corporation Board of Directors Current
Ambient Corp Director Current
ABB Ltd. CEO Former
ABB Ltd. President Former
ABB Ltd. Group Executive Vice President, The Americas Region Former

Organization Position Status
Harsco Corporation Director Current
Harsco Corporation President , Multiserv Division Former
Harsco Corporation Senior Vice President , Operations Former
Harsco Corporation Managing Director , Eastern Region Heckett Multiserv Division Former

HENRY W. KNUEPPEL is the Chairman and Chief Executive Officer of Regal Beloit Corporation, a multi-national organization with operations throughout North America, Europe and Asia serving the HVAC, industrial motor, power transmission and power generation markets. He has served with Regal Beloit in increasingly senior management responsibilities since 1979. He joined the Harsco Board in September 2008 and is a member of the Management Development & Compensation Committee.

Organization Position Status
Harsco Corporation Board of Directors Current

Organization Position Status
The Timken Company President, the Manufacturing Institute Current
The Phoenix Companies, Inc. President, Manufacturing Institute Current
The Phoenix Companies, Inc. Director Current
webMethods, Inc. Director Current
The Timken Company Board of Directors Current
Harsco Corporation Board of Directors Current
The Manufacturing Institute President Former
National Association of Manufacturers President Current
Indiana University B.A. In Economics Former

Organization Position Status
Reynolds American Inc. Chair Current
Huffy Corporation Director Current
Chesapeake Corporation Director Current
Reynolds American Inc. Board of Directors Current
Harsco Corporation Director Current
RPM International Inc. Board of Directors Current
Hershey Foods Corporation President Former
Hershey Foods Corporation Chief Operating Officer Former
RPM International Inc. Corporate Governance & Nominating Committee Chairman Former
Hershey Foods Corporation Vice Chairman Former
R.J. Reynolds Tobacco Holdings, Inc. Board Member Former
Huffy Corporation member Former

Organization Position Status
Comanage, Inc Director Current
Harsco Corporation Director Current
Erie Indemnity Company Board of Directors Current
Carnegie Institute President Former
Carnegie Mellon University Distinguished Service Professor Former
Commonwealth of Pennsylvania Secretary , Education Former

Organization Position Status
Harsco Corporation Board of Directors Current

Organization Position Status
Assured Communications Chairman and Chief Executive Officer of the Manitowoc Company, Inc. Current
NYSE Group, Inc. Current
Commerce Corp. Chairman Current
Assured Communications Board of Directors Current
Harris Corporation Board of Directors Current
National Association of Manufacturers Director Current
Bemis Manufacturing Company Director Current
Exigent International Inc. Board of Directors Current
Harris Communications International, Inc. Board of Directors Current
Toledo Shiprepair Company President & CEO Former
Kelley School of Business Bloomington Member Current
The Manitowoc Company, Inc. Chairman, President & CEO Former
Manitowoc Foodservice Group President Former
Manitowoc Ice, Inc. president Former
Manitowoc Ice, Inc. Executive Vice President Former
Manitowoc Ice, Inc. General Manager Former
Indiana University member Former

Executive News

  • ArcelorMittal subsidiary in labour dispute

    TradingMarkets - 7/17/09 - View Story

  • MultiServ, union to resume bargaining

    Hamilton Spectator - 7/14/09 - View Story

  • Locked-out workers picket Dofasco

    Hamilton Spectator - 7/13/09 - View Story

  • ArcelorMittal subsidiary in dispute

    Economictimes - 7/13/09 - View Story

  • Harsco Announces New Railway Track Maintenance Equipment Orders Totaling Close to...

    Reuters - 7/07/09 - View Story

  • Harsco Corporation to Release Second Quarter 2009 Results and Hold Conference Call On July 28, 2009

    TMC Net - 7/01/09 - View Story

  • Harsco Corporation to Release Second Quarter 2009 Results and Hold Conference Call On July 28, 2009

    Yahoo! Canada - 7/01/09 - View Story

  • Harsco Corporation to Release Second Quarter 2009 Results and Hold Conference Call...

    Reuters - 7/01/09 - View Story

  • Harsco Corporation to Release Second Quarter 2009 Results and Hold Conference Call On July 28, 2009

    TradingMarkets - 7/01/09 - View Story

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     HSC $32.63 +0.19 (0.59% )
Average Volume 616,585
Shares Outstanding 80.31M
Market Cap 2.6B
Year High 37.65
Year Low 16.9
Earnings Per Share 1.95
P/E Ratio 16.73
Dividend 0.80
Yield 2.45
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