What is the history of Joy Global Inc.?

Joy Global Inc. has a rich history that spans over a century. The company was founded in 1884 as the Joy Manufacturing Company, specializing in the manufacturing of mining equipment and machinery. Throughout the years, Joy Global Inc. expanded its product offerings and global presence through a series of strategic acquisitions. In 1919, it introduced the first electrically powered mining shovel, revolutionizing the mining industry. Fast forward to 2017, Joy Global Inc. became a part of the Komatsu family, a leading construction and mining equipment manufacturer, through a successful acquisition. Today, as a wholly-owned subsidiary of Komatsu, Joy Global Inc. continues to provide innovative and technologically advanced solutions for mining operations worldwide. With its extensive heritage and expertise, Joy Global Inc. remains committed to meeting the evolving needs of the mining industry.