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HARSCO CORPORATION SELLS ITS HYDRAULIC TOOL UNIT

 HARSCO CORPORATION SELLS ITS HYDRAULIC TOOL UNIT
 HARRISBURG, Pa., March 6 /PRNewswire/ -- Harsco Corporation


(NYSE: HSC) announced today that it has sold assets of its hydraulic tools product line to Greenlee Textron, Inc., a subsidiary of Textron, Inc.
 The hydraulic tools product line had been operated as a part of Harsco's Fairmont Railway Motors Division. On a sale valued at approximately $9 million, Harsco said it expects to record a modest gain, although the exact amount was not disclosed.
 Based in Rockford, Ill., Greenlee Textron, Inc. is a manufacturer of tool products. The parent company, Textron, Inc., is a diversified industrial corporation headquartered in Providence, R.I.
 Harsco Corporation is a diversified, international, industrial company headquartered in Camp Hill, Pa. The company's 11 divisions provide products and services for defense, industrial, commercial and construction applications from over 271 facilities in 32 states and 14 countries.
 /delval/
 -0- 3/6/92
 /CONTACT: Herbert R. McIlvaine Jr. of Harsco, 717-763-7064/
 (HSC) CO: Harsco Corporation; Greenlee Textron, Inc.; Textron, Inc. ST: Pennsylvania IN: ARO SU:


JS -- PH006 -- 5786 03/06/92 10:26 EST
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Publication:PR Newswire
Date:Mar 6, 1992
Words:181
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