Overview of NACCO

NACCO Industries, Inc. is an operating holding company with subsidiaries in the following principal industries: mining, small appliances and specialty retail.

In 2012, total revenues were $873.4 million and net income was $108.7 million. Included in the 2012 net income is $66.5 million of income from discontinued operations associated with the company's materials handling business, which was spun off on September 28, 2012 as an independent public company, Hyster-Yale Materials Handling, Inc.

NACCO is a publicly traded company listed on the New York Stock Exchange under the ticker symbol NC

NACCO’s overall strategy is to increase shareholder value through key initiatives designed to increase each subsidiary's revenue and market share and achieve long-term profit growth

• These initiatives are expected to drive each subsidiary company to achieve or maintain its financial goals

NACCO’s long-term perspective is reflected in four guiding principles:

• Ensure highly professional management teams;
• Attain industry-leading operational effectiveness and efficiencies;
• Build industry-leading market positions; and
• Create sustainable competitive advantage positions

For a NACCO organizational chart, click the image below.