In 1994, Harnischfeger Industries later known as P and H Mining Equipment purchased Joy Mining Machinery. The two companies continued to operate independently. Strategic acquisitions. In the late 1990’s, Joy Mining Machinery began a series of strategic acquisitions, bringing world-class brands into the Joy product family.
Faceboss is the standard control system platform on all Joy underground mining equipment, which ensures that you receive the same level of optimization for all your Joy equipment. Learn how Faceboss can help reduce your operating costs.
Komatsu to Acquire Mining Equipment Manufacturer Joy Global in $3.7 Billion Deal. Japan’s Komatsu, the world’s second largest construction equipment manufacturer, has reached agreement to acquire mining equipment giant Joy Global in a transaction valued at approximately $3.7 billion, including Joy Global’s debt.
Joy Global Inc. is counting on deeper cost cuts and modest recovery in some of its mining-equipment markets to help it return to profitability in the second half of the fiscal year ending in October.
Joy introduced the first all-electric shearer in 1976. Since then, Joy shearers have been working in the world’s most productive longwall mines and in the most demanding conditions. Models are available for seam ranges from 1.3 to 9.0 meters 4.3 to 30 ft. .
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 and the United Kingdom. 1
US mining equipment maker Joy Global will be now known as Komatsu Mining as the Japanese giant has completed the $3.7 billion takeover first announced in July last year.
Joy complete longwall systems represent the ultimate solution for high-production longwall mining. Joy incorporates best-in-breed shearers, roof supports, face conveyors, stageloaders, crushers, and mobile belt tail pieces to deliver a complete longwall system that is in a class of its own.