Joy Global Inc. manufactures and services mining equipment for the extraction of coal and other minerals and ores. The Company's equipment is used in mining regions to mine coal, copper, iron ore, oil sands and other minerals worldwide. The Company operates in two business segments: underground mining machinery (Joy Mining Machinery or Joy) and surface mining equipment (P&H Mining Equipment or P&H). Joy is a manufacturer of underground mining equipment for the extraction of coal and other bedded minerals, and offers service locations near mining regions worldwide. P&H is a producer of surface mining equipment for the extraction of ores and minerals, and provides operational support for many types of equipment used in surface mining. On July 31, 2006, Joy completed the acquisition of the Stamler mining equipment business from the Oldenburg Group, Inc. |
