Overview of NACCO
NACCO Industries, Inc. is an operating holding company with subsidiaries in the following principal industries: lift trucks, small appliances, specialty retail and mining.
In 2009, total revenues were $2.3 billion and net income was $31.1 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 through previously implemented and ongoing initiatives designed to
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.
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