MILWAUKEE, WISCONSIN -- December 17, 2008 -- Joy Global Inc. (NASDAQ: JOYG), a worldwide leader in high-productivity mining solutions, today reported fourth quarter and fiscal year 2008 results. Net sales for the quarter increased by 40 percent to a Company-record $1.0 billion compared to $736 million in the fourth quarter of last year. Operating income totaled $192 million in the fourth quarter versus $147 million in the prior year, an increase of 30 percent.
WARRENDALE, PA - December 2008 – In the Franklin, Pennsylvania area and around the world, Joy Mining Machinery and our employees are actively engaged in supporting their communities with their time and resources. We, at Joy, all want to help make our communities better places in which to live and work.
MILWAUKEE, Sept. 3, 2008 (GLOBE NEWSWIRE) -- Joy Global Inc. (Nasdaq:JOYG), a worldwide leader in high-productivity
mining solutions, today reported results for the 2008 fiscal third quarter ended August 1, 2008. Net sales for the quarter were
$904 million, up 45% from the same quarter of last year. Operating profit increased from $110 million in the third quarter of last
year to $134 million in the current quarter.
MILWAUKEE, May 29, 2008 (PRIME NEWSWIRE) -- Joy Global Inc. (Nasdaq:JOYG), a worldwide leader in high-productivity
mining solutions, today reported results for the 2008 fiscal second quarter ended May 2, 2008. Orders were $1.2 billion, up
69% from $728 million in the prior-year period on strengthened conditions in the U.S. coal market and continued growing
demand from the international markets. Net sales for the 2008 second quarter were $843 million compared to $629 million in
the prior-year period, an increase of 34%.
MILWAUKEE, March 6, 2008 (PRIME NEWSWIRE) -- Joy Global Inc. (Nasdaq:JOYG), a worldwide leader in high-productivity
mining solutions, today reported first quarter fiscal year 2008 results. Orders were $870 million, up 54 percent from $565 in the
prior year period on continued demand from the international markets and improving conditions in the U.S. coal market. Net
sales for the quarter were $640 million versus $560 million in the prior year period, an increase of 14 percent. Operating
income totaled $111 million in the first quarter, or 17.4 percent of sales, versus $94 million and 16.8 percent of sales last year.
MOSSVALE, AUSTRALIA -- March 2008 -- On Thursday, 31st January, 2008, Xstrata’s Beltana Highwall Mine situated in the Hunter Valley region signed an agreement with Joy Mining Machinery for the supply of a new 405m “wide face” longwall system. This new, “state-of-the-art” JOY longwall system will extract low ash thermal and semi soft coal from Blakefield South Mine.
WARRENDALE, PENNSYLVANIA -- February 2008 -- The STAMLER BH10H AC—described as an underground battery hauler that runs as fast with a full load of coal as it does when it’s empty is setting new performance standards, nearly doubling the battery life gains realized since introduced into the coal a year ago, according to the Stamler Battery Hauler Engineering and Development Group of Joy Mining Machinery.
MILWAUKEE, WISCONSIN -- February 2008 -- Following the completion of the acquisition of Continental Global Group by Joy Global Inc., meetings have taken place at Continental facilities worldwide welcoming employees to Joy Global Inc. Senior leaders from Joy Global visited Continental locations presenting information about P&H Mining Equipment and Joy Mining Machinery.
MILWAUKEE, WISCONSIN -- February 2008 -- Joy Global Inc. (NASDAQ: JOYG), a world leader in high-productivity mining solutions, announced that it has completed the acquisition of N.E.S. Investment Co. and thereby its subsidiary, Continental Global Group, Inc., a worldwide leader in conveyor systems for bulk material handling in mining and industrial applications.
WARRENDALE, PENNSYLVANIA -- January 2008 -- Joy Mining Machinery proudly announces the recipients of the 2007-2008 JOY Scholarship Award. The JOY Scholarship Program is a continuing effort to attract and retain outstanding students to the mining and mining-related industries.
MILWAUKEE, WISCONSIN -- January 2008 -- Joy Global Inc. (NASDAQ: JOYG), a worldwide leader in high-productivity mining solutions, reported today that it has entered into a definitive agreement with NES Group, Inc. to acquire Continental Global Inc, a world-wide leader in conveyor systems for bulk material handling in mining and other industrial applications.