NACCO Industries, Inc. is the public holding company for The North American Coal Corporation. North American Coal operates surface mines that supply coal primarily to power generation companies under long-term contracts, and provides other value-added services to natural resource companies. In addition, its North American Mining business operates and maintains draglines and other equipment under contracts with sellers of aggregates. North American Coal’s service-based business model aligns its operating goals with customers’ objectives.
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 and achieve long- term profit growth.
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