MultiServ Inks Contracts in Mexico

Harsco Corp. announced today that its MultiServ mill services division has been awarded two new multi-year contracts in Mexico valued at more than $13 million over their term.

MultiServ will expand its ongoing services to the DeAcero Saltillo mill in the Monterrey area under a ten-year contract that awards MultiServ added responsibilities to undertake a comprehensive on-site slag processing and handling service for the mill.

MultiServ will process 100 percent of the mill's slag in a newly centralized on-site slag processing and shipping operation. DeAcero is the largest wire and steel mesh producer in Mexico and the third largest in North America.

At the Cosica-Apizaco mill in Tiaxcala, MultiServ has been awarded a three-year contract to handle steel billets and finished products on-site, taking over work previously performed by a local contractor. The contract will run concurrently with MultiServ's existing mill services contract at this site. The rebar and special structural steel mill was purchased in 2004 by Industrias CH, one of Mexico's principal producers of specialty steels. ICH operates additional plants where further contract opportunities may be possible.