Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand 
First Western Ship Transits Strait of Hormuz Since Iran War Began 
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook 
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions 
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026 
Ford Issues Major Recall on Over 422,000 Vehicles Due to Windshield Wiper Defect 
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit 
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements 
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation 
SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
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]
