Joy Global Inc. is a manufacturer and servicer of mining equipment for the extraction of coal and other minerals, and ores. The Company's equipment is used in mining regions throughout the world to mine coal, copper, iron ore, oil sands and other minerals. Its underground mining machinery segment is a manufacturer of underground mining equipment for the extraction of coal and other bedded minerals and offers service locations near mining regions worldwide. Its surface mining equipment segment is a producer of surface mining equipment for the extraction of ores and minerals and provides operational support for many types of equipment used in surface mining. In October 2011, the Company announced that it has completed the transaction to sell the drilling products business of its LeTourneau Technologies Inc. (LeTourneau) business to Cameron International Corporation. On December 30, 2011, it acquired approximately 41.1% of Int'l Mining Machinery Holdings Limited's common stock to 69.2%.