Hamilton Beach 2012 Annual Report Download - page 4

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2
Having assembled more than four billion tons of
lignite reserves, North American Coal enters into
contracts with “mine-mouth” power plants through-
out the West and Southwest. The groundbreaking
for the Falkirk Mine took place on farmland south
of Underwood, North Dakota.
The U.S. Office of Surface Mining presents the Falkirk
Mine in Underwood, North Dakota, with an Award
for Excellence for wetland restoration. To date, North
American Coal’s mines have received more than
100 awards for land reclamation.
1957
North American Coal purchases its first lignite
coal mine. A surface operation located in Zap,
North Dakota, the mine is renamed Indian Head,
after its most popular brand of coal.
The North American
Coal Corporation is
listed on the New York
Stock Exchange.
1961
1972
North American Coal
is awarded a contract
to supply fuel in North
Dakota to what becomes
the country’s first coal
gasification plant.
1983-1988
As a result of a corporate diversification program launched
in 1983, NACCO Industries, Inc., a new publicly-traded
holding company, is formed in 1986. North American Coal
becomes a wholly owned subsidiary of NACCO and the
Company acquires Yale Materials Handling Corporation in
1985 and Wear-Ever/Proctor-Silex, Inc. and The Kitchen
Collection, Inc. in 1988.
1986
Only three years after opening, the Freedom Mine in
Beulah, North Dakota, receives the Sentinels of Safety
Award for its industry-leading safety record.
1987
1976