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CAMP HILL, Pa., June 29, 2017 -- Harsco Corporation’s railway track maintenance division, Harsco Rail, announced today a significant new order for seven Stoneblower track geometry machines to Harsco Rail Ltd. from Network Rail, the owner and manager of the mainline railway infrastructure in Great Britain.
The order calls for deliveries over two years starting in late 2019, where they will succeed a fleet of retiring Stoneblower units that have logged more than two decades of service for Network Rail. The Stoneblower automates the traditional process for restoring track geometry by using pneumatic stone insertion below the cross ties, or sleepers. The latest generation units are equipped with a computerized measurement and design system and automatic stone metering system. The resulting track maintains the highest level of ballast compaction, ensures full line speed hand-back, and maintains track geometry up to three times longer than equivalent tamping methods, thereby reducing track maintenance cycles and preserving the condition of the ballast and cross ties.
Long a valued customer of Harsco, Network Rail spans approximately 20,000 miles of track and 40,000 bridges and tunnels throughout England, Scotland and Wales. Along with the equipment order, Harsco Rail will also provide a long-term parts agreement, whereby Harsco Rail will maintain availability for OEM (Original Equipment Manufacturer) spare parts and software support.
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 support to major railroads worldwide. To learn more, visit www.harscorail.com.
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 S. Martin 717.612.5628 [email protected] Media Contact Kenneth D. Julian 717.730.3683 [email protected]
