Industrial services and engineered products manufacturer
) recently introduced a new stainless steel boiler with
state-of-the-art cost-efficient solution for its customers. The
product was manufactured by the Patterson-Kelley division of the
Industrial segment of Harsco.
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Equipped with an innovative stainless steel heat exchanger
design, the boiler enables optimal energy utilization with up to
96.5% efficiency and ultra-low emissions. In addition to improved
reliability factors, the boiler consumes 60% less space compared
to other available variants in the market. Consequently, it
offers a seamless replacement option for existing boilers without
the requirement for any special rigging.
The new product launch is a culmination of an extensive R&D
between the U.S. and international technical resources. The first
production deliveries of the boilers are expected by the
Headquartered in Pennsylvania, Harsco is a diversified
multinational company that serves global infrastructure, metals,
minerals, rail and industrial sectors. The company provides
industrial mill services, gas control, and containment products,
scaffolding services and railway maintenance services. Harsco has
operations in more than 50 countries. The company's manufactured
products occupy leading positions in specialized industrial
Harsco generates a major portion of its revenues from outside the
U.S., which safeguards it from the risks associated with any one
regional sector or economy. The company is now more focused on
bringing its cost structure in tune with current market demand.
Harsco is also emphasizing prudent working capital management for
optimal organic and inorganic growth across all the verticals.
Harsco currently has a Zacks Rank #5 (Strong Sell). Other players
in the industry worth mentioning include
MSC Industrial Direct Co. Inc.
), each carrying a Zacks Rank #2 (Buy).