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Author: Admin | 2025-04-28
Details 2 linear ft Arranged alphabetically by subject The records were collected by retired corporate secretary James Packer (1920-2008) in 1985 for the purpose of writing a company history, but the project was cancelled following the takeover in 1987. The materials include selections of early licensing agreements, corporate history data regarding incorporation dates and financing, list of acquired and divested companies, organization charts, miscellaneous publications, information on employee benefit plans, and company telephone directories, plus Packer's own manuscript notes. It also includes a lucite paperweight, retirement medallion, and American flag service pin given to Mr. Packer The Joy Manufacturing Company was a major manufacturer of mining and materials handling machinery built upon the invention of the first practical coal loading machine by Joseph Francis Joy (1883-1957). Like many industrial companies, it underwent a period of conglomerate diversification and contraction in the 1960s and 1970s, before itself becoming a captive ⁰́brand⁰́₊ in the 1980s. The business lives on as Joy Technologies, Inc Joy managed to obtain financing from officials of the Pittsburgh Coal Company, one of the nation⁰́₉s largest mining firms. Joy received a patent on June 10, 1919, and the Joy Machine Company was incorporated in Delaware on January 24, 1919, Joy receiving 4,500 shares in return for his invention. In order to raise further capital, the Joy Manufacturing Company was incorporated in Delaware on October 8, 1921. It acted as a holding company for the Joy Machine Company and assumed its debts. Originally, the Joy Machine Company subcontracted the manufacture of its machines, the first of which went into service in 1922. The Joy Manufacturing Company purchased a facility at Franklin, Pa., from the Cobern Machine Tool Company for cash and stock in 1924 Financial difficulties caused in part by a nationwide coal strike forced a refinancing of the company, and Joy resigned on April 2, 1925. Joy became an itinerant inventor and died on February 19, 1957. The Joy Machine Company transferred all its assets to the Joy Manufacturing Company and was dissolved on August 29, 1928. The Joy Manufacturing Company was reincorporated in Pennsylvania on February 7, 1939 Even without Joy at the helm, the Joy Manufacturing Company became a leader in the field of mine mechanization. In 1938, it introduced the rubber-tired shuttle car, which replaced the railroad cars hauled over fixed tracks by locomotives, and ten years later it introduced the continuous mining machine that combined cutting and loading and eliminated the need for drilling and blasting. Success also brought expansion in the post-World War II years. In 1945, Joy acquired, and later merged, the much older Sullivan Machinery Company, originally a New Hampshire maker of diamond drills for quarrying and tunneling and coal-cutting machines, and the La-Del Conveyor & Manufacturing Company, a maker of mining belt conveyors and ventilating fans By 1984, the Joy Manufacturing Company was one of the world⁰́₉s leading producers of capital equipment for the extractive mineral industries, with twenty-four manufacturing plants, several foreign manufacturing subsidiaries, and a sales presence in
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