Harsco Acquires ESCO Interamerica

Words: Cass SternContinuing its strategic objective of building strong market leadership positions in the world’s high-growth emerging market economies, worldwide industrial services company Harsco Corporation (NYSE: HSC) announced today its acquisition of ESCO Interamerica, Ltda., one of Latin America’s premier engineering and equipment services providers to the infrastructure sector and the number one market leader in Central America and the Caribbean.

The acquisition reflects the significant growth opportunities and operating synergies that the Company expects to realize from its expanded footprint in the Latin American market. “ESCO is a truly scalable platform,” said Harsco Chairman and CEO Salvatore D. Fazzolari. “They operate a lean, efficient organization that shares our passion for value creation and uncompromising integrity. We expect them to be a dynamic catalyst to Harsco’s growth as we leverage our broad-based engineering and equipment resources to augment their market presence. We are delighted to welcome them into our worldwide Harsco team.”

The acquisition is expected to be accretive to Harsco’s earnings in 2010, and will be funded principally from the Company’s strong cash flows. Terms of the acquisition were not disclosed.

ESCO will be become a key part of the Harsco Infrastructure group’s Americas region operations, immediately expanding the group’s existing Latin America presence in Mexico, Chile and Peru with seven additional countries, including Colombia, Costa Rica, El Salvador, Guatemala, Panama, Trinidad and Tobago, and Puerto Rico, while increasing Harsco Infrastructure’s overall global footprint to more than 40 countries. The acquisition also gives Harsco Infrastructure a well-established platform for additional expansion throughout the Latin America market, particularly Brazil, where multi-billion dollar investments in public infrastructure, energy and tourism-related construction are anticipated. ESCO combines more than 50 years of scaffolding and formwork experience in the construction services industry with a strong leadership team. The company employs approximately 450 people and recorded 2008 sales of approximately $50 million.
Contractor Tip of the Month: Get Used to the Pain
April 2026

Pain isn’t just negative; it’s a natural part of growing and improving. Instead of seeing pain as a reason to quit, recognize it as a sign you’re making progress. What sets successful people apart is their ability to stay calm and keep going when things g

Fechino Files: Diesels Below 32 Degrees
April 2026

I am guessing that if you are reading this, then you experienced the cold, late-January spell that took over most of the country. The cold weather has many effects on the operations of a masonry contractor, from job shutdowns to equipment starting issues,

Outreach Outlook: Building Momentum Across the Southern Region
April 2026

As April arrives, the pace of our outreach and workforce efforts across the Southern Region reaches a new level of intensity. This is the time of year when our programs, partners, and state collaborators all accelerate at once. SkillsUSA competitions are

Marvelous Masonry: Elbphilharmonie
April 2026

Most people know the Elbphilharmonie for its glass façade and dramatic roofline. From a distance, that’s what defines the skyline in Hamburg’s HafenCity district. But for masonry contractors and suppliers, the real story starts at the base.