Young’s Machine Company
Young's Machine Company is a third-generation, family-owned manufacturer founded in 1953 in Monticello, Utah, building custom underground haul trucks (3.5–20 tons) and replacement parts for underground and narrow-vein mining operators.
- Company typePrivate
- Founded1953
- HeadquartersMonticello, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Young’s Machine Company does
Young's Machine Company is a third-generation, family-owned manufacturer of custom underground haul trucks and mining equipment, founded in 1953 and headquartered in Monticello, Utah. The company designs and builds four primary truck series — the 460HD multipurpose carrier with proprietary marsh mellow suspension, the 470HD articulated 4WD range (7.5–12 tons), the 480HD custom 4WD range (7–12 tons), and the 960 Series compact haulers (3.5–10.5 tons) — assembled from industrial components sourced from Cummins, Deutz, Clark, John Deere, MICO, HAWE, CNH, Elmac, and Funk. Its value proposition centers on in-house engineering, low overhead, and the ability to produce purpose-built equipment sized for narrow-vein and confined underground mining environments that off-the-shelf OEMs do not address.
The business model is project-based and quote-driven, with customers initiating contact via phone, email, website forms, or an eBay storefront to specify requirements. Revenue is generated from four streams: new custom truck sales (one-time unit pricing), aftermarket parts ($275–$1,450 per item, sold online and on eBay with free shipping), equipment reconditioning and rebuilding services, and used equipment sales. Customer segments are horizontal use-case splits between large underground mining operations and small heading operations, with named enterprise customers including Anfield Energy, which has ordered haul trucks and underground loaders for uranium-vanadium mining at Velvet-Wood, JD-8, and Slick Rock mines. The company operates from a single manufacturing facility with 11–50 employees, distributes directly without third-party resellers, and markets primarily through its website, Facebook, and X.
Young’s Machine Company firmographics
Firmographics- Name
- Young’s Machine Company
- Legal name
- Young's Machine Company
- Website
- https://youngsmachine.com
- Company type
- Private
- Founded year
- 1953
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Young's Machine Company is a third-generation, family-owned manufacturer founded in 1953 in Monticello, Utah, building custom underground haul trucks (3.5–20 tons) and replacement parts for underground and narrow-vein mining operators.
- Ownership category
- akta.pro rank
Young’s Machine Company industry classification
Industry- Product category
- Underground Mining Equipment
- NAICS
- Mining Machinery and Equipment Manufacturing (333131)
- SIC
- Construction, Mining & Materials Handling Machinery & Equip (3530)
- akta.pro primary industry
- Mining & Quarry Haulage Vehicle Manufacturing (Dump Trucks/Haulers) (IMACAFAC)
- akta.pro secondary industry
- Underground Mining Equipment (Loaders/LHDs, Continuous Miners, Longwall Systems) (IMAKANAB)
Keywords
Where Young’s Machine Company is headquartered
LocationHeadquarters
- HQ city
- Monticello
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Young’s Machine Company business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales
Revenue model
- Custom Underground Haul Trucks: Manufacture and sale of custom-built underground haul trucks ranging from 3.5 to 20 ton capacity. Products include 460HD, 470HD, 480HD, and 960 Series trucks. Pricing is quote-based as each truck is built to customer specifications.
- Parts Sales: Sale of replacement parts including John Deere components, CNH/Ford ring gears, planet pinions, and pistons. Sold through company website shop and eBay marketplace. Individual parts priced from $275 to $1,450 with free shipping on all orders.
- Equipment Reconditioning: Complete re-conditioning services for mining equipment, restoring and rebuilding existing machinery.
- Used Equipment Sales: Sale of pre-owned mining equipment including haul trucks. Available through the company's used equipment inventory.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Custom Underground Trucks - Contact for Quote |
| Unit Pricing | Pay-as-you-go | Replacement Parts - Individual Unit Pricing |
| Other | Pay-as-you-go | Free Shipping on All Orders |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
Young’s Machine Company product offering
Product offeringCore offering
Young's Machine Company is a manufacturer of custom-built underground haul trucks and mining equipment, offering four truck series (460HD, 470HD, 480HD, 960 Series) with capacities from 3.5 to 20 tons. The company also provides replacement parts (John Deere and CNH/Ford components), used equipment sales, and equipment reconditioning and rebuilding services for underground mining operations.
Product overview
Young's Machine Company is a third-generation family-owned business manufacturing custom underground haul trucks and equipment since 1953. The product portfolio consists of four main truck series: the 460HD Series (heavy-duty multipurpose carrier with marsh mellow suspension for personnel, maintenance, and flatbed applications), the 470HD Series (4WD articulated steering trucks from 7-12 ton), the 480HD Series (custom-built 4WD trucks in 7/9/12 ton configurations), and the 960 Series (economical small-heading haulage from 3.5-10.5 ton). The company also offers parts (John Deere and CNH/Ford differentials, ring gears, pinions, and pistons), used equipment, and equipment rebuilding/reconditioning services. All products are custom-built to customer specifications with in-house engineering and manufacturing capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- 460HD Series Underground Haul Truck
Companies that use Young’s Machine Company
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Young’s Machine Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Young’s Machine Company partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Anfield EnergycoreAnfield Energy placed a 2025 order with Young's Machine Company for custom-built underground haul trucks. The first truck was delivered in 2026 for operation at the Velvet-Wood uranium-vanadium mine in southeastern Utah. Additionally, Anfield reached a further agreement with Young's to supply underground loaders supporting initial development and production at Velvet-Wood, JD-8, and Slick Rock mines.
Scale indicators4 records
Recent moves5 records
Expansion highlights6 records
Young’s Machine Company competitors and assessment
Company assessmentBroad incumbents
- Epiroc: Epiroc is a leading global manufacturer of underground mining and infrastructure equipment, including underground haul trucks (e.g., Minetruck series) and loaders. Comparable as a direct broad-line incumbent in underground mining haulage, competing on similar customer requirements but with significantly larger scale and electrification capabilities.
- Komatsu Mining: Komatsu is a major global OEM producing underground hard-rock mining trucks, loaders, and continuous mining systems. It is a broad incumbent competitor with the scale, dealer network, and electrification roadmap that significantly exceeds Young's current offering.
- Sandvik Mining and Rock Solutions: Sandvik is a major global OEM of underground mining equipment including loaders, trucks, and drills. It is comparable as a much larger incumbent serving the same underground hard-rock mining customer base, though its portfolio is far broader than Young's niche focus on haulage.
- Caterpillar Underground Mining: Caterpillar produces the Cat AD45, AD60, and other underground mining trucks for hard-rock operations. It is a broad-line incumbent whose underground haulage trucks overlap with Young's product range, though Caterpillar targets larger mines and broader equipment fleets.
Direct peers
- MacLean Engineering: MacLean Engineering manufactures specialized underground mining vehicles including ore haulers, scissor lifts, personnel carriers, and utility vehicles directly comparable to Young's 460HD/470HD/480HD/960 product lines. It is a direct competitor focused on the same narrow-vein and small-heading underground mining use cases.
- GHH Fahrzeuge: GHH is a German manufacturer of underground mining trucks, loaders (LHDs), and utility vehicles. It is a direct peer with articulated 4WD haul trucks in overlapping capacity classes, though primarily serving European and global markets rather than US-focused operations.
- RDH Mining Equipment: RDH Mining Equipment is a manufacturer and rebuild specialist for underground mining loaders, haul trucks, and utility vehicles. It directly competes with Young's on custom underground haulage and equipment reconditioning services, particularly for narrow-vein and small-scale operations.
- Brookville Equipment Corporation: Brookville manufactures specialized underground mining personnel carriers, utility vehicles, and haulage equipment. It is a US-based peer directly comparable to Young's in producing custom narrow-vein underground mining vehicles, though with a different historical product focus.
- Kovatera: Kovatera designs and manufactures purpose-built underground haulage trucks and utility vehicles for narrow-vein mining. It competes directly with Young's on compact, articulated 4WD designs used in confined underground environments.
Emerging players
- Artisan Vehicle Systems: Artisan pioneered battery-electric underground mining haul trucks and loaders. It is an emerging competitor in the same narrow-vein underground space as Young's, but with an electrification focus that represents a potential technology shift Young's has not yet addressed.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Young’s Machine Company social profiles
Digital presenceYoung’s Machine Company compliance and trust
Trust signalCompliance3 records
Young’s Machine Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Young’s Machine Company leadership team
Management profileNumber of profiles
Profiles1 record
Young’s Machine Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Young’s Machine Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Young’s Machine Company
What does Young’s Machine Company do?
Young's Machine Company is a manufacturer of custom-built underground haul trucks and mining equipment, offering four truck series (460HD, 470HD, 480HD, 960 Series) with capacities from 3.5 to 20 tons. The company also provides replacement parts (John Deere and CNH/Ford components), used equipment sales, and equipment reconditioning and rebuilding services for underground mining operations.
Is Young’s Machine Company a public or private company?
Young’s Machine Company is a private company. It is classified as family owned and is currently operating.
When was Young’s Machine Company founded?
Young’s Machine Company was founded in 1953. It employs 11 to 50 people.
Where is Young’s Machine Company based?
Young’s Machine Company is headquartered in Monticello, United States, in the North America region.
How does Young’s Machine Company make money?
Four revenue lines are on record. Custom Underground Haul Trucks are the primary driver. The others are parts Sales, equipment Reconditioning and used Equipment Sales.
Who are Young’s Machine Company's main competitors?
Broad incumbents on record are Epiroc, Komatsu Mining, Sandvik Mining and Rock Solutions and Caterpillar Underground Mining. Direct peers are MacLean Engineering, GHH Fahrzeuge, RDH Mining Equipment, Brookville Equipment Corporation and Kovatera. Artisan Vehicle Systems is listed as an emerging player.
Does Young’s Machine Company have an API?
No public API is recorded for Young’s Machine Company.
What industry is Young’s Machine Company in?
Young’s Machine Company's product category is Underground Mining Equipment. Its primary akta.pro industry code is IMACAFAC, Mining & Quarry Haulage Vehicle Manufacturing (Dump Trucks/Haulers), with a secondary code of IMAKANAB, Underground Mining Equipment (Loaders/LHDs, Continuous Miners, Longwall Systems). Its NAICS code is 333131 and its SIC code is 3530.