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About
NACCO Industries, Inc. operates as a holding company, which engages in mining, small appliances, and specialty retail through its subsidiaries. The company was founded on February 18, 1986 and is headquartered in Cleveland, OH. | |||
Description
NACCO Industries, Inc., through its subsidiaries, operates in the mining, small appliances, and specialty retail businesses worldwide. It mines coal for electric utilities, independent power providers, producers of activated carbon, and synfuels plants. The company also provides value-added services, such as maintaining and operating draglines for independently owned limerock quarries; ash hauling services for power plants and other facilities; coal handling, processing, and drying services; and surface and mineral acquisition, and lease maintenance services related to the company's operations. In addition, it designs, markets, and distributes small electric household and specialty housewares appliances, including blenders, can openers, coffeemakers, food processors, indoor electric grills, irons, mixers, slow cookers, toasters, and toaster ovens; and commercial products for restaurants, bars, and hotels, as well as game and garden food processing equipment comprising meat grinders, bag sealers, dehydrators, and meat slicers under the Weston brand and other private label brands. The company sells its products under the Hamilton Beach, Proctor Silex, and Wolf Gourmet brand names through a network of inside sales employees to mass merchandisers, e-commerce retailers, department stores, variety store chains, drug store chains, specialty home retailers, distributors, and other retail outlets, as well as through television, Internet, and print advertising. In addition, it operates as a specialty retailer of kitchenware under the Kitchen Collection brand name in outlet and traditional malls. As of December 31, 2016, the company operated 223 retail stores in the United States. NACCO Industries, Inc. was founded in 1913 and is headquartered in Cleveland, Ohio. | |||
