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Joy Global Value Stock - Dividend - Research Selection

Joy global

ISIN: US4811651086 , WKN: 779633

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Description of the company

Joy Global Inc. is a manufacturer and service provider of high productivity mining equipment for the extraction of coal and other minerals and ores. The Company's facilities are used in mining regions around the world to extract coal, copper, iron ore, oil sands and other minerals. The Company's Joy Mining Machinery segment is a manufacturer of underground mining equipment for the production of coal and other bedded minerals, providing service locations near mining areas worldwide. The Surface Mining Equipment (P & H Mining Equipment) segment is a manufacturer of surface mining equipment for the extraction of ores and minerals, providing operational support for many types of open pit equipment. In the financial year ended October 28, 2011, the Company completed the acquisition of LeTourneau. On December 30, 2011, it acquired approximately 41.1% of the common stock of Int'l Mining Machinery Holdings Limited at 69.2%.

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