NEWS RELEASE For further information on this release contact: Lou Boltik Director Marketing Communications Joy Mining Machinery 177 Thorn Hill Road Warrendale, PA 15086 724-779-4557 Email: firstname.lastname@example.org China Mining Machinery Holds Groundbreaking Ceremony for New Factory WARRENDALE, PENNSYLVANIA 3 March 2009 3 On February 18, 2009, China Mining Machinery (CMM), a wholly owned subsidiary of Joy Global Inc., held a groundbreaking ceremony for Wuxi Shengda Manufacturing Company Ltd. Wuxi Shengda, acquired by CMM in December 2008, is a Chinese shearer manufacturer that supplies longwall shearers for the fast growing Chinese mining industry. There were more than 100 government officials, along with senior management from Joy and CMM that attended the ceremony.
This new factory project began immediately after the groundbreaking ceremony and the completion is planned for the end of August 2009. The new facility will be located in the new industrial park of Wuxi City and when completed will cover an area of 105,000 square metres (1,130,000 square feet). Phase I of the project will cover an area of 17,000 square metres (183,000 square feet).
When the facility is completed it will have the full production capability to produce double the number of shearers that could be produced previously. Plans are ... more. less.
for additional products and new designs to be introduced and brought on-line over the next two years. Photo caption: An artist impression of the new Wuxi Shengda Manufacturing Company Ltd.<br><br> facility. # # # Joy Mining Machinery, a subsidiary of Joy Global Inc., is a global leader in the development, manufacture, distribution and service of underground mining equipment for the extraction of coal and other bedded materials. For more information on Joy Mining Machinery visit www.joy.com<br><br>