Last €43.79 EUR
Change Today -0.062 / -0.14%
Volume 0.0
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Company Description

Contact Info

100 East Wisconsin Avenue

Suite 2780

Milwaukee, WI 53202

United States

Phone: 414-319-8500

Fax:

Joy Global Inc. operates as a manufacturer and servicer of mining equipment for the extraction of coal and other minerals, and ores. The company manufactures and markets original equipment and aftermarket parts and services for both underground and surface mining and certain industrial applications. Segments The company operates in two business segments: Underground Mining Machinery and Surface Mining Equipment. Underground Mining Machinery This segment produces underground mining machinery for the extraction of coal and other bedded materials. The company has manufacturing facilities in Australia, South Africa, the United Kingdom, China and the United States, as well as sales offices and service facilities in India, Poland and Russia. Its products are used in the mining and/or processing of coal, potash, salt, trona and other minerals and ores. The company also maintains an extensive network of service and distribution centers to rebuild and service equipment and to sell replacement parts and consumables in support of its installed base. This network includes five service centers in the United States and eight outside the United States, all of which are strategically located in major underground mining regions. Products and Services Armored Face Conveyors: Armored face conveyors are used in longwall mining to transport material cut by the shearer away from the longwall face. Battery Haulers: Battery haulers transport material from continuous miners to the feeder breaker and are powered by portable rechargeable batteries. Battery haulers feature a flexible center joint allowing them to maneuver in tight conditions and do not use a trailing cable, which allows for maximum flexibility in the mining process. Continuous Chain Haulage Systems: Continuous chain haulage systems transport material from continuous miners to main mine belts on a continuous basis. The continuous chain haulage system is made up of a series of connected bridge structures that utilize chain conveyors that transport the coal from one bridge structure to the next bridge structure and ultimately to the main mine belts. Continuous Miners: Electric crawler mounted continuous miners cut material using carbide-tipped bits on a horizontal rotating cutterhead. The continuous miner is also configured in some applications with roof bolters to place roof bolts when advancing the cut. Once cut, the material is gathered onto an internal conveyor and loaded into a haulage vehicle or continuous haulage system for transportation to the feeder breaker. Conveyor Systems: Conveyor systems are used in both underground and surface applications. The primary components of a conveyor system are the idlers, idler structure and the terminal, which itself consists of a drive, discharge, take-up and tail loading section. Feeder Breakers: Feeder breakers are used in both underground and surface applications. A feeder breaker is a form of crusher that uses a rotating drum with carbide-tipped bits to break down the size of the mined material for loading onto a conveyor system or feeding into processing facilities. Mined material is typically loaded into the feeder breaker by a shuttle car or battery hauler in underground applications and by haul trucks in surface applications. Flexible Conveyor Trains (FCT): An FCT is an electric-powered, single operator, self-propelled conveyor system that provides continuous haulage of material from a continuous miner to the main mine belt. The FCT uses a rubber belt similar to a standard fixed conveyor. The FCT operates independently from the track crawler system, allowing the FCT to move and convey material simultaneously. Available in lengths of up to 570 feet, the FCT is able to negotiate multiple 90-degree turns in an underground mine infrastructure. High Angle Conveyors: The high angle conveyor provides a method for elevating or lowering materials continuously from one level to another at steep angles. The high angle conveyor has throughput rates ranging from 0.30 to 4,400 tons per hour. Longwall Shearers: A longwall shearer moves back and forth on an armored face conveyor parallel to the material fac

 

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JO3

Industry Average

Valuation JO3 Industry Range
Price/Earnings 14.8x
Price/Sales 1.3x
Price/Book 2.3x
Price/Cash Flow 14.0x
TEV/Sales 1.0x
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