Harsco Rail Wins Five-Year Operation and Maintenance Contract with UK’s Network Rail
Harsco Corporation (NYSE: HSC) announced today that its Rail division has been awarded a five-year stoneblower operation and maintenance contract with Network Rail, the largest infrastructure manager of railways in the United Kingdom. The contract, valued at over $130 million, goes into full effect on May 27, 2023.
Through the contract, Harsco Rail will be responsible for the operation and maintenance of 14 Network Rail stoneblowers, which automate the traditional process for repairing and restoring railroad tracks.
“This contract doubles the size of our business in the UK and exemplifies Network Rail’s continued trust and confidence in our team. We are pleased to draw on our extensive knowledge of railway maintenance to support our longtime partner.”
This competitive contract adds Harsco’s stoneblower operation and maintenance capabilities to the existing services and products Harsco provides to its largest U.K. partner.
Harsco Rail has partnered with Network Rail on Switch and Crossing rail grinders since 2004 and Mobile Maintenance Train service since 2020.
Learn more about the Multipurpose Stoneblower here.
This article was originally published by Harsco Rail.
