Netwall
Hedge fund manager, value, contrarian

Will Joy Global Bring Joy To Its Shareholders?

Joy Global (NYSE:JOY) is a manufacturer and servicer of high productivity mining equipment for the extraction of coal and other minerals and ores. The company operates in two business segments:

  • Underground Mining Machinery
  • Surface Mining Equipment

In addition to original equipment, Joy Global also manufactures aftermarket parts and provides services for both underground and surface mining and certain industrial applications. Its equipment is used in major mining regions throughout the world to mine coal, copper, iron ore, oil sands, gold and other minerals. Similarly, the company is also a major producer of surface mining equipment for the extraction of ores and minerals and provides extensive operational support for many types of equipment used in surface mining.

Financial Highlights:...

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