Harsco's Extends Contract at Brazilian Mill

Deal is expected to generate more than $30 million in additional revenue over length of contract.

Harsco Corp.’s MultiServ division will increase its on-site mill services to one of Brazil's Vallourec & Mannesman Tubes’ V&M do Brasil steel mill. The contract will be fore five years and is expected to generate more than $30 million over the contract's duration.

The contract expands MultiServ's role to include additional service responsibilities for internal logistics, including on-site product handling and warehouse support, and management of the mill's internal yards.

MultiServ began its support of V&M do Brasil in 2002 after being awarded a multi-year contract to provide on-site material transport services of the mill's finished and semi-finished products. The additional new services are scheduled to be phased in during the first quarter of 2008.