NACCO Industries

NACCO Industries, Inc. is an American publicly traded holding company, headquartered in Cleveland, Ohio.

[1] The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies and an activated carbon producer pursuant to a service-based business model.

The Minerals Management segment promotes the development of the Company’s oil, gas, and coal reserves, generating income primarily from royalty-based lease payments from third parties.

In addition, the Company has a business providing stream and wetland mitigation solutions.

NACCO Industries originated in 1913 with the incorporation of the Cleveland and Western Coal Company.

Wagon of NACCO at train station St. Valentin, Austria (2018)