Overview of NACCO
NACCO is an operating holding company with
three principal businesses: lift trucks, housewares and mining
In 2007, total revenues were $3.6 billion
and net income was $89.3 million
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 by implementing initiatives designed to
achieve long-term profit growth
- The objective of these initiatives is to drive each subsidiary
company to achieve its long-term financial goals by 2012,
or sooner, as programs reach maturity
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.
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