Industry | Mining |
---|---|
Founded | 1958 |
Founder | Joseph Francis Joy |
Defunct | April 5, 2017 |
Fate | Acquired by Komatsu Limited |
Headquarters | Milwaukee, Wisconsin |
Key people | Edward L. Doheny II, CEO James M. Sullivan, CFO[1] |
Products | Surface mining machinery Underground mining machinery |
Revenue | $2.371 billion (2016)[1] |
$0.058 billion (2016)[1] | |
Total assets | $3.426 billion (2016)[1] |
Total equity | $1.381 billion (2016)[1] |
Number of employees | 10,000 (2016)[1] |
Subsidiaries | P&H Mining Equipment |
Joy Global Inc. was a company that manufactured and serviced heavy equipment used in the extraction and haulage of coal and minerals in both underground and surface mining.[2][1] The company had manufacturing facilities in Alabama, Pennsylvania, Texas, Wisconsin, Australia, Canada, China, France, South Africa, Poland and the United Kingdom.[1] In 2017, Joy Global was acquired by Komatsu Limited[3] and was renamed Komatsu Mining Corp.[4]
In 2016, sales of services accounted for 78% of revenues, while sales of equipment accounted for 22% of revenues.[1]
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