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HARSCO'S HECKETT MULTISERV DIVISION WINS MULTI-YEAR SERVICES CONTRACT FROM KOPPEL STEEL WORTH AN ESTIMATED $10 MILLION

HARRISBURG, Pa., March 11 /PRNewswire/ -- Harsco Corporation (NYSE: HSC) said today its Heckett MultiServ Division, a leading provider of specialized services to the steel industry, has signed a multi-year contract with Koppel Steel Corporation of Beaver Falls, Pa., a unit of NS Group Inc. (NYSE: NSS). The contract is expected to generate approximately $10 million in revenues for Heckett MultiServ over its five-year duration.

Under the agreement, Heckett MultiServ will perform a broad range of services for Koppel Steel. These include slag handling and metallic recovery work; supplying skilled labor to operate Koppel's scrap handling cranes; and supplying mechanics to maintain the steel company's scrap handling equipment.

Commenting on the new business, Harsco Chairman and Chief Executive Officer Derek C. Hathaway said: "This latest win by Heckett MultiServ illustrates the continuing growth potential of industrial outsourcing. As companies increasingly outsource vital, yet ancillary, services, Harsco units are especially well-positioned to benefit from this trend."

Harsco is a diversified industrial services and products company with nine operating divisions. Its core businesses fall into three main operating groups: Metal Reclamation and Mill Services (which includes Heckett MultiServ); Infrastructure and Construction; and Process Industry Products.

With over 175 major facilities in 30 countries including the U.S., Harsco also holds a 40 percent equity interest in United Defense, L.P., a joint venture with FMC Corporation. United Defense is a leading manufacturer of ground combat vehicles for the U.S. and other nations. For the year ending December 31, 1995, Harsco reported consolidated revenues of $1.55 billion.

/delval/
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/CONTACT: Eugene M. Truett of Harsco, 717-975-5677, or Joel Pomerantz or Art Gormley of The Dilenschneider Group, 212-922-0900, for Harsco/

(HSC NSS)

CO: Harsco Corporation; Koppel Steel Corporation; NS Group Inc. ST: Pennsylvania IN: ARO OIL MNG SU: CON

MK -- PHM009 -- 0654 03/11/96 09:32 EST
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Publication:PR Newswire
Date:Mar 11, 1996
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