What is the history of Joy Global Inc.?

Joy Global Inc. has a rich history that dates back to the early twentieth century and is deeply rooted in the mining industry. The company was founded in 1919 in Milwaukee, Wisconsin, initially focusing on producing coal mining equipment. Joy Global became widely recognized for its innovation in underground mining equipment, especially its continuous miners and shuttle cars, which significantly improved the efficiency of mining operations. Throughout the years, Joy Global expanded its operations and product offerings. By the 1970s and 1980s, the company had begun to diversify its portfolio by acquiring other companies that specialized in different areas of mining equipment and services. This strategic expansion allowed Joy Global to cater to a broader range of customers and enhance its technological capabilities. In 2011, Joy Global Inc. took a significant step by acquiring the Mining Equipment division of the Swedish company, A.G. Fagerhult. This acquisition allowed Joy Global to strengthen its position in the global mining market. In 2016, Joy Global became a wholly-owned subsidiary of Komatsu Ltd., a Japanese manufacturer of construction and mining equipment. This acquisition marked a new chapter for Joy Global, allowing it to leverage Komatsu's extensive resources and global presence to further its reach within the mining sector. Today, Joy Global is recognized as a leader in underground mining equipment and services, providing a wide range of solutions designed to enhance productivity and safety in mining operations. The company continues to innovate, focusing on cutting-edge technology and sustainability in its equipment and services. For the latest updates on Joy Global, interested individuals may want to visit the company's current web page for more information.