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Harsco Inks $2.4M Pact With Saudi Basic Industries

The Associated Press

CATOOSA, Okla. (AP) — Industrial service provider Harsco Corp. said Friday it signed a contract in the U.K. worth about $2.4 million with industrial company Saudi Basic Industries Corp. for a range of scaffolding equipment and services.

Saudi Basic Industries makes chemicals, fertilizers, plastics and metals.

Work under the contract is scheduled to begin in June and continue into next year.

Shares of Harsco rose 87 cents, or 3 percent, to $31.64 in midday trading. The stock has traded between $16.90 and $63.82 over the last 52 weeks.