CANADA
A Joy Global employee stands in front of an LT-650 .
product lines .
The $ 51MUS acquisition set the stage for Joy Global ’ s move into the underground hard rock mining sector .
“ The acquisition provides a unique blend to our broad portfolio of products and it ’ s a substantial entry point into this market ,” said Josh Wagner , Joy Global ’ s general manager of hard rock underground equipment .
Joy Global also recognized it needed to secure the most important part of MTI ’ s success : its employees .
“ From day one we knew we needed to get those people on
board ,” said Wagner . “ Thankfully we were able to hire the necessary staff and everyone has been very responsive to us . They understand we ’ re investing in them and where we want to take this business .”
By combining MTI ’ s range of complementary products with Joy Global ’ s proprietary technology and global direct service , the acquisition represents an exciting opportunity for the company to make a significant impact in a new market .
Immediately after the acquisition , Joy Global began working to upgrade MTI facilities and improve conditions .
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