Despite Recession, The Rest Of The World Still Likes Cheap Coal
Joy Global sells mining equipment to the world, especially for coal mining. It's a good thing Joy (JOYG) spreads Joy (products) to the world, because the coal business in the U.S. isn't as upbeat. It's bogged down with big stockpiles, not to mention an image problem over environmental concerns. The U.S. economy hasn't yet picked up a whole lot of steam either, especially compared with faster-growing economies in emerging markets such as China and
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