Joy Global Inc., (NYSE: JOY) completed the transfer of its stock listing to the New York Stock Exchange with a bell-ringing ceremony on the exchange floor today. Joy Global is a worldwide leader in high-productivity mining products and owns the P&H and Joy Mining equipment brands. The company's common stock had been trading on the NASDAQ under the JOYG symbol.
"The New York Stock Exchange offers unparalleled visibility to investors and greater financial flexibility for listed companies. This combination will allow Joy Global to continue growing, while investing in our people, products and facilities.," said Michael Sutherlin, Chief Executive Officer.
"This is a great day for Joy Global and the 153 employees here at the Wellington plant," said Rod Mills, Wellington Site Manager. "Listing on the NYSE reflects the efforts of all of our employees to build the best mining products in the world and is yet another example of how the work we do locally is vitally important to the global economy."
Locally, Joy Global employs more than 170 employees throughout the Western Operations at facilities in Wellington, UT, Green River, WY and Carlbad, NM. They have been a significant part of the local economy since establishing a manufacturing presence in 1978.