Joy Global Inc (JOY)

Komatsu Mining Corp. manufactures and services mining equipment for the extraction of coal, copper, iron ore, oil sands, gold, and other minerals worldwide. It operates in two segments, underground mining machinery and surface mining equipment. The Underground Mining Machinery segment produces armored face conveyors, battery haulers, continuous chain haulage systems, continuous miners, conveyor systems, feeder breakers, flexible conveyor trains, hard rock mining products, high angle conveyors, longwall shearers, powered roof supports, road headers, roof bolters, and shuttle cars. This segment also provides equipment assemblies, service, repairs, rebuilds, parts, consumables, enhancement kits, and training. The Surface Mining Equipment segment produces blasthole drills, conveyor systems, electric mining shovels, hybrid mining shovels, feeder breakers, high angle conveyors, walking draglines, and wheel loaders. This segment also offers equipment assemblies, relocations, inspections, service, repairs, rebuilds, upgrades, used equipment, parts, consumables, enhancement kits, and training. Komatsu Mining Corp. also provides life cycle management support services and project management services, as well as smart services, including equipment monitoring, predictive diagnostics, service training support, and parts management. The company sells its products and services directly to mining companies through a network of sales and marketing personnel. The company was formerly known as Joy Global Inc. and changed its name to Komatsu Mining Corp. in April 2017. The company was founded in 1884 and is based in Milwaukee, Wisconsin. Komatsu Mining Corp. operates as a subsidiary of Komatsu Ltd.