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Joy Global buys French firm, reports drop in sales and profits

2015-06-04 17:56:55| Industrial Machines - Topix.net

The slow-down in coal and copper mining, combined with low commodity prices, dragged down sales of Joy Global Inc. mining equipment in the second quarter of 2015, the company said Thursday. The company, based in Milwaukee, sought to add revenue through the purchase of Montabert SAS, a French business that produces heavy equipment for hard rock mining and excavation.

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