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EX-99.1 - EXHIBIT - JOY GLOBAL INCjoy-04112014xex991pressrel.htm


 
 
 
 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 ____________________________________________ 
FORM 8-K
____________________________________________ 

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
April 11, 2014

___________________________________________ 
Joy Global Inc.
(Exact name of Registrant as Specified in Its Charter)
____________________________________________ 

Delaware
001-09299
39-1566457
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)

100 E. Wisconsin Avenue, Suite 2780,
Milwaukee, WI 53202
(Address of Principal Executive Offices)

Registrant’s telephone number, including area code:
414-319-8500

Former name or former address, if changed since last report:
Not Applicable

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of  the following provisions: 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Solicitation material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a.-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 8.01 Other Events

On April 11, 2014, Joy Global Inc. ("the Company") issued a press release announcing that it had agreed to purchase certain assets of Mining Technologies International, Inc. ("MTI") for $51.0 million Canadian dollars. MTI is a Canadian manufacturer of underground hard rock mining equipment serving the North American markets and a world leading supplier of raise bore drilling consumables. The Company is acquiring substantially all of the assets associated with MTI’s hard rock drilling, loaders, dump trucks, shaft sinking, and raise bore product lines. Completion of the transaction is subject to customary closing conditions and is expected to occur within 90 days. A copy of the press release is filed herewith as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits
 
(d) Exhibits.

Press release dated April 11, 2014.
 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the Undersigned hereunto duly authorized.

 
 
 
JOY GLOBAL INC.
 
 
 
 
Date:
April 14, 2014
By:
/s/ James E. Agnew
 
 
 
James E. Agnew
 
 
 
Vice President, Controller and Chief Accounting Officer

EXHIBIT INDEX

Exhibit Number
Description
 
 
99.1
Press release dated April 11, 2014.