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  September 5, 2001
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Home > Company Index > Manufacturing > Diversified Machinery > Joy Global Inc.

Joy Global Inc.
OTC: JOYG
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 PROFILE
It just emerged from bankruptcy, but Joy Global certainly sounds optimistic. Previously known as Harnischfeger Industries, the company makes heavy equipment for the mining industry through two subsidiaries. Its Joy Mining Machinery subsidiary (55% of sales) makes underground coal-mining equipment that includes roof supports, longwall shearers, and shuttle cars. Subsidiary P&H Mining Equipment (45% of sales) makes draglines, blasthole drills, and other equipment used by surface miners. With worldwide manufacturing and service facilities, Hernischfeger makes nearly 40% of its sales overseas. The company has sold its Beloit unit, which made replacement parts for pulp and papermaking machinery.

 COMPETITION
Bucyrus International, Inc. (dossier)
Caterpillar Inc. (CAT)
Metso Corporation (MX)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: October
2000 Sales (mil.): 1,124.80
1-Yr. Sales Growth: 0.6%
Employees: 7,020
Revenue per employee: $160,227.92

 KEY PEOPLE
• John Nils Hanson
    CEO
• Donald C. Roof
    CFO

 CONTACT INFO
100 East Wisconsin Ave
Milwaukee, WI 53201
US
Phone: 414-486-6400
Fax: 414-486-6747
Online: Web Site

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