Harsco

Last updated
Harsco Corporation
Company type Public
NYSE:  NVRI
S&P 600 Component
IndustryEnvironmental
Founded1853;171 years ago (1853) - Public, as Harsco Corporation (1956;68 years ago (1956))
Headquarters Philadelphia, Pennsylvania
Key people
F. Nicholas Grasberger III, Chairman & CEO
Productsecoproducts
RevenueIncrease2.svg $1.89 billion USD (2022)
Number of employees
12,000
Website www.harsco.com

Harsco Corporation[ needs update ] is an environmental company based in Philadelphia, Pennsylvania. Harsco operates in over 30 countries and employs approximately 12,000 people worldwide. The company addresses complex environmental issues for large industries, including steel, railways, and energy. Harsco's common stock is a component of the S&P SmallCap 600 Index and the Russell 2000 Index.

Contents

History

Harsco rail equipment seen in Bradford, Ontario, May 2015. Harsco rail equipment (18218414049).jpg
Harsco rail equipment seen in Bradford, Ontario, May 2015.

Harsco was founded in 1853 as The Harrisburg Car Manufacturing Company and became the Harrisburg Steel Corporation in 1935. Following a series of acquisitions, the company became Harsco Corporation in 1956, forming three divisions: Metals & Minerals (Now Harsco Environmental), Rail, and Industrial.

By the early 1990s, Harsco products and services covered defense, industrial, commercial, and construction applications, with over 250 manufacturing, reclamation, distribution, and service facilities across 14 countries. [1]

In 2018, Harsco acquired Altek, [2] a UK producer of aluminum processing equipment.

In 2019, Harsco Metals & Minerals rebranded to Harsco Environmental, and acquired Clean Earth, a U.S. provider of services for specialty waste streams. [3]

In April 2020, Harsco Corporation acquired the Environmental Solutions business (ESOL) from Stericycle, Inc. [4]

Harsco operates as the mother company with its two main divisions Clean Earth [5] and Harsco Environmental. [6] Additional subsidiary companies include Altek, [7] SteelPhalt, [8] and Black Beauty Abrasives. [9]

Financial information

Harsco reported total sales of USD $1.89 billion in fiscal year 2022.

Stock exchanges

Harsco is traded publicly on NYSE under Enviri Corporation with ticker symbol $NVRI.

Related Research Articles

<span class="mw-page-title-main">Honeywell</span> American multinational conglomerate

Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building automation, performance materials and technologies (PMT), and safety and productivity solutions (SPS). Honeywell is a Fortune 500 company, ranked 115th in 2023. In 2023, the corporation had a global workforce of approximately 95,000 employees. The current chairman is Darius Adamczyk and the chief executive officer (CEO) is Vimal Kapur.

<span class="mw-page-title-main">Domtar</span> Largest integrated producer of uncoated free-sheet paper in North America

Domtar Corporation is a North American pulp and paper company that manufactures and markets wood fiber-based pulp and paper products. The company operates pulp mills and paper mills in Windsor, Quebec; Dryden, Ontario; Kamloops, British Columbia; Ashdown, Arkansas; Hawesville, Kentucky; Plymouth, North Carolina; Marlboro County, South Carolina; and Kingsport, Tennessee. While Domtar operated independently for several decades and was listed on the Toronto and New York stock exchanges, the company was acquired by Paper Excellence Group in November 2021 and has since operated as a subsidiary.

Marubeni Corporation is a sōgō shōsha headquartered in Nihonbashi, Chuo, Tokyo, Japan. It is one of the largest sogo shosha and has leading market shares in cereal and paper pulp trading as well as a strong electrical and industrial plant business. Marubeni is a member of the Mizuho keiretsu.

<span class="mw-page-title-main">Allegheny Technologies</span> American materials company

ATI Inc. is an American producer of specialty materials headquartered in Dallas, Texas. ATI produces metals including titanium and titanium alloys, nickel-based alloys and superalloys, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, forgings and castings.

General Electric Automation and Controls division combines what was formerly known as GE Intelligent Platforms and Alstom's Power Automation and Controls. In 2019, GE Intelligent Platforms was acquired by Emerson Electric and is now part of Emerson's Discrete Automation business unit.

<span class="mw-page-title-main">Toyota Tsusho</span> A member of the Toyota Group

Toyota Tsusho Corporation is a sōgō shōsha, a member of the Toyota Group. Toyota Tsusho has a worldwide presence through its many subsidiaries and operating divisions, including over 150 offices, and 900 subsidiaries and affiliates around the world. Its main business is supporting Toyota Motor's automobile business and other Toyota Group companies, but Toyota Tsusho's business is very diverse, spanning industrial, commercial, and consumer sectors. Business areas run the gamut, including industrial raw materials, agricultural products, and high technology.

<span class="mw-page-title-main">Kao Corporation</span> Japanese chemicals and cosmetics company

Kao Corporation is a Japanese global chemical and cosmetics company headquartered in Nihonbashi-Kayabacho, Chūō, Tokyo, Japan.

TELUS Health, a division of TELUS Corporation, is a Vancouver, Canada-based provider of health technology services with more than 10,000 employees primarily located in Canada, United States, Australia and the United Kingdom. The company operates four customer-facing business units: Employer Solutions, Consumer Solutions, Payor Solutions (insurers) and Provider Solutions.

<span class="mw-page-title-main">Sinosteel</span> Chinese state owned company

Sinosteel Corporation is a state-owned enterprise, primarily in mining, trading, equipment manufacturing and engineering. Founded in 1993 and based in the People's Republic of China, it is the country's second largest importer of iron ore. The company used to be under the direct supervision of the State-owned Assets Supervision and Administration Commission. In 2022, it was acquired by state-owned steel conglomerate Baowu.

<span class="mw-page-title-main">Dover Corporation</span> American industrial conglomerate corporation

Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under "DOV." Dover was ranked 445 in the 2023 Fortune 500. The company relocated its headquarters to Illinois from New York in mid-2010.

<span class="mw-page-title-main">Mogollon, New Mexico</span> Ghost town in New Mexico, United States

Mogollon, also called the Mogollon Historic District, is a former mining town located in the Mogollon Mountains in Catron County, New Mexico, United States. Located east of Glenwood and Alma, it was founded in the 1880s at the bottom of Silver Creek Canyon to support the gold and silver mines in the surrounding mountains. The "Little Fannie" mine became the most important employer for the town. During the 1890s, Mogollon had a transient population of between 3,000 and 6,000 miners. Because of its isolation, it had a reputation as one of the wildest mining towns in the West. Today Mogollon is listed as Fannie Hill Mill and Company Town Historic District on the National Register of Historic Places.

<span class="mw-page-title-main">Sims Metal Management</span> Global environmental services conglomerate

Sims Limited (formerly Sims Metal Management Limited) is a global environmental services conglomerate, operating through a number of divisions, with a focus on: (a) Ferrous and Non-ferrous metal recycling, (b) enterprise data destruction and cloud asset management (c) post-consumer electronic goods recycling and reuse, (d) municipal waste recycling, (e) gas to energy, and (f) waste to energy. Founded in 1917, its primary operations are located in the United States, Australia and the UK.

<span class="mw-page-title-main">Reworld</span> American waste management company

Reworld, formerly Covanta, is a private energy-from-waste and industrial waste management services company headquartered in Morristown, New Jersey. Most of its revenue comes from operating incineration facilities that serve a secondary purpose as power plants that burn trash as fuel. Reworld charges a fee for waste disposal and sells the electricity and metal slag produced from waste incineration.

<span class="mw-page-title-main">Shred-it</span>

Shred-it is an information security solution provided by Stericycle Inc. Its services include document destruction, hard drive destruction, and specialty item shredding. The company is also known for its Annual Data Protection Report commissioned with Ipsos, a yearly survey of small business owners, C-level executives and consumers focusing on data protection and information security.

<span class="mw-page-title-main">Stericycle</span> American waste management company

Stericycle, Inc. is a compliance company that specializes in collecting and disposing regulated medical waste, such as medical waste and sharps, pharmaceuticals, hazardous waste, and providing services for recalled and expired goods. It also provides related education and training services, and patient communication services. The company was founded in 1989 and is headquartered in Bannockburn, Illinois, with many more bases of operation around the world, including Medical waste incinerators in Utah and North Carolina.

The Harsco Infrastructure Deutschland GmbH, with its headquarters located in Ratingen, Germany, is a subsidiary of the Harsco Corporation. The company develops, rents and sells formwork and scaffolding products for the main construction trade and civil engineering projects.

Pyroban began as a project implemented by Imperial Chemical Industries (ICI) after the accidental release and ignition of a flammable vapour by a diesel engine at its Wilton Plant in the UK in 1969.

<span class="mw-page-title-main">Clean Harbors</span> American environmental company

Clean Harbors, Inc. is an American provider of environmental and industrial services, including hazardous waste disposal for companies, small waste generators and federal, state, provincial and local governments.

The Irving Group of Companies is an informal name given to those companies owned and controlled by the Irving family of New Brunswick—descendants of Canadian industrialist K.C. Irving: his sons James K. (1928–2024), Arthur (1930–2024), and John (1932–2010), and their respective children.

Primetals Technologies Limited, is an engineering and plant construction company headquartered in London, United Kingdom, with numerous locations worldwide. It serves clients in the metals industry, both the ferrous and the nonferrous metals sector. It was established as a joint venture between Siemens VAI Metals Technologies and Mitsubishi-Hitachi Metals Machinery in 2015. As of 2020, Primetals Technologies is a joint venture of Mitsubishi Heavy Industries and partners.

References

  1. Kepos, Paula; Derdak, Thomas (1988). International Directory of Company Histories. St. James Press. p. 245. ISBN   155862323X.
  2. "£45m deal agreed to acquire manufacturer".
  3. Corporation, Harsco (2019-05-09). "Harsco Enters Into Definitive Agreement to Acquire Clean Earth, Accelerating its Transformation to a Global Market Leader of Environmental Solutions". GlobeNewswire News Room (Press release). Retrieved 2023-02-03.
  4. "Harsco Acquires Stericycle's Environmental Solutions Business". finance.yahoo.com. 2020-04-07. Retrieved 2020-04-07.
  5. https://www.cleanearthinc.com [ bare URL ]
  6. https://www.harsco-environmental.com [ bare URL ]
  7. https://www.altek-al.com [ bare URL ]
  8. https://www.steelphalt.com [ bare URL ]
  9. "About Us".