Overview of NACCO
NACCO Industries, Inc. is the public holding company for The North American Coal Corporation. The Company and its affiliates operate in the mining and natural resources industries through three operating segments: Coal Mining, North American Mining and Minerals Management. The Coal Mining segment operates surface coal mines pursuant to a service-based business model under long-term contracts with power generation companies and activated carbon producers. The North American Mining segment provides value-added contract mining services for producers of aggregates and other minerals, primarily operating and maintaining draglines and other equipment. The Minerals Management segment promotes the development of the Company’s oil, gas and coal reserves, generating income primarily from royalty-based lease payments from third parties.
NACCO’s strategy is to increase long-term shareholder value, with a particular focus on taxable investors. We believe strongly in the merits of this approach, and believe that NACCO, focused on North American Coal, is well suited to create shareholder value over the long term.
Leadership & Governance
NACCO benefits from an experienced management team and the oversight of a strong, independent board of directors. Our Governance structure is designed to ensure accountability, fiscal responsibility and the highest level of ethical conduct.
NACCO’s history dates back to 1913. Learn more by visiting our interactive timeline.
Frequently Asked Questions
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