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.