Subsidiary Companies

Subsidiaries At a Glance

The North American Coal Corporation > more information

North American Coal mines and markets coal primarily as fuel for power generation and provides selected value-added mining services for other natural resources companies. The company operates four surface coal mining operations and has four additional coal mines under development

North American Coal 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 7th largest coal producer nationwide (as of December 31, 2010). Coal is delivered from the mines to adjacent or nearby power plants in Mississippi, North Dakota and Texas

Competitive Advantages

  • 2.1 billion tons of lignite coal reserves, of which approximately 1.2 billion are committed to current customers
  • Contracts structured to minimize exposure to fluctuations in coal prices
  • Use of technology to increase efficiency
  • Award-winning environmental protection and safety record

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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
2010 Financial Results
• Revenues: $156.8 million
• Net Income: $39.6 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 mining operations
• Substantial cash flow before   financing activities

Key Strategies
• Mining and reclamation expertise
• Safety focus
• Long-term partnerships with current
   and future customers
• Pursue new business opportunities
• Organizational excellence
 


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