Overview of NACCO NACCO is an operating holding company with three principal businesses: lift trucks, housewares and mining In 2005, total revenues were $3.2 billion and net income was $62.5 million NACCO is a publicly traded company listed on the New York Stock Exchange under the ticker symbol NC NACCO’s overall strategy is to increase shareholder value by implementing initiatives designed to achieve long-term profit growth - The objective of these initiatives is to drive each subsidiary company to achieve its long-term financial goals by 2008, or sooner, as programs reach maturity
NACCO’s long-term perspective is reflected in four guiding principles: - Ensure highly professional management teams;
- Attain industry-leading operational effectiveness and efficiencies;
- Build industry-leading market positions; and
- Create sustainable competitive advantage positions
For a NACCO organizational chart, click the image below. |