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Harsco Announces Sale of Non-Core Automotive Valve Product Line

31 March 2000

Harsco Corporation Announces Sale of Non-Core Automotive Valve Product Line

    HARRISBURG, Pa., March 30 Harsco Corporation
announced today that it has sold its natural gas vehicle automotive valve
product line for approximately $3.7 million to GFI Control Systems Inc., a
Kitchener, Ontario-based producer of fuel metering systems and components for
natural gas, propane, and hydrogen-powered vehicles.
    Harsco Gas and Fluid Control Group President Ronald W. Kaplan said that in
selling the automotive valve line, the company will focus on its much stronger
industrial, commercial, and refrigeration valve lines rather than make the
substantial investment necessary to grow its small line of natural gas vehicle
valves.  The line came to Harsco as part of its acquisition of the Superior
Valve Company in October 1998.
    Harsco Corporation is a $1.7 billion multinational provider of services
and products serving strategic worldwide markets from more than 300 locations
in over 30 countries.  Additional information about Harsco can be found online
at http://www.harsco.com or by fax at (800)-758-5804, extension 396725.