Subsidiary Companies

Subsidiaries At a Glance

The North American Coal Corporation > more information

North American Coal mines and markets lignite coal primarily as fuel for power generation and provides selected value-added mining services for other natural resources companies in the United States

North American Coal operates six surface lignite coal mines. The company also provides dragline mining services operating under the name "North American Mining Company" for independently owned limerock quarries in Florida

Market Position
America’s largest miner of lignite coal and the 8th largest coal producer nationwide (as of December 31, 2007). Lignite coal is delivered from the mines to adjacent or nearby power plants in North Dakota, Texas, Louisiana and Mississippi

Competitive Advantages

  • Contracts structured to minimize exposure to fluctuations in coal prices
  • Use of technology to increase efficiency
  • Award-winning environmental protection and safety record

Click here for more in-depth information

Certain statements on this page that are not historical facts are forward-looking statements. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the posting of this data to the website. Click here to see the Company's full Forward-Looking Statement Disclaimer/Risks and Uncertainties Statement.

Other Subsidiaries at a Glance
> NACCO Materials Handling Group
> Hamilton Beach
> Kitchen Collection
2007 Financial Results
• Revenues: $137.1 million
• Net Income: $31.0 million
Financial Targets

• Earn a minimum return on capital
  employed of 13%
• Attain positive Economic
  Value Income from all existing
  consolidated mining operations
  and any new projects
• Maintain or increase
  profitability of all existing
  unconsolidated project mining   operations
• Substantial cash flow before   financing activities

Key Business Programs
• Individual mine improvement projects
• Mining and management innovation
• Environmental committment
• Lignite coal reserve
  development strategies
• Contract mining of lignite coal and
  aggregates
 


Home | About NACCO | Subsidiary Companies | Investor Relations | Corporate Governance | News Room | Contact Us | Site Map

Forward-Looking Statement Disclaimer/Risks and Uncertainties Statement

Terms of Service/Privacy Policy
Copyright © 2008, NACCO Industries, Inc. All Rights Reserved