Joy Global
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. The company had manufacturing facilities in Alabama, Pennsylvania, Texas, Wisconsin, Australia, Canada, China, France, South Africa, Poland and the United Kingdom. In 2017, Joy Global was acquired by Komatsu Limited and was renamed Komatsu Mining Corp.
| 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 |
| Products | Surface mining machinery Underground mining machinery |
| Revenue | $2.371 billion (2016) |
Net income | $0.058 billion (2016) |
| Total assets | $3.426 billion (2016) |
| Total equity | $1.381 billion (2016) |
Number of employees | 10,000 (2016) |
| Subsidiaries | P&H Mining Equipment |
In 2016, sales of services accounted for 78% of revenues, while sales of equipment accounted for 22% of revenues.
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