Joy Global and ESCO Corporation Enter Strategic Business Alliance

Milwaukee, WI USA – Joy Global and ESCO Corporation announce today that they have entered into a strategic business alliance. Joy Global is a major producer of equipment for extraction of ores and minerals in surface mining, including P&H® Electric Rope Shovels, Blasthole Drills, Wheel Loaders, Draglines. ESCO Corporation is a leading developer and manufacturer of ground engaging tools and other wear products used primarily in mining and infrastructure development applications.

The first phase of the new alliance is the development of new lip systems with ESCO technology for P&H® shovel dippers. Joy Global Surface Mining will offer ESCO’s proprietary lips and GET systems as the standard offering on new P&H® shovel dippers and loader buckets unless a customer specifically requests an alternative GET system. ESCO will service the aftermarket on all lips through their distribution network. ESCO and Joy Global engineers will also be collaborating on enhanced designs to improve reliability and productivity, while at the same time reducing lip and GET maintenance needs.

“This is an exciting opportunity for both companies as we work closely together to market new products with improved productivity and lower cost/ton performance for our collective mining customers,” stated John Koetz, Vice President, Product Marketing & Engineering for Joy Global Surface Mining.

According to Jon Owens, President of Engineered Products for ESCO, “ESCO and Joy Global are a good fit. Both are known for innovation and value. Through a shared commitment to customer satisfaction they drive toward increased production, reduced downtime and superior value.”

Joy Global Inc. is a worldwide leader in high-productivity mining solutions. Through its market-leading P&H and Joy brands, Joy Global manufactures, markets, and services original equipment and related aftermarket parts for the surface and underground mining industries. Joy Global’s products and related services are used extensively for the mining of coal, copper, iron ore, oil sands, gold and other mineral resources.

Headquartered in Portland, Oregon, ESCO Corporation is a leading independent designer, manufacturer and provider of highly engineered wear parts and  replacement products used in mining, infrastructure development, power generation, aerospace and industrial applications. The company operates in 21 countries on six continents, including an expansive network of 34 manufacturing facilities and 48 sales and distribution offices.
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For More Information Contact:
Evelyn Maki
Joy Global Surface Mining
(414) 607-8487
[email protected]
Kelley Egre
ESCO Corporation
(503) 778-6456
[email protected]