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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 MeXR1dznmtaqj94U5EEdbg==

<SEC-DOCUMENT>0000801898-04-000039.txt : 20040123
<SEC-HEADER>0000801898-04-000039.hdr.sgml : 20040123
<ACCEPTANCE-DATETIME>20040123121216
ACCESSION NUMBER:		0000801898-04-000039
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040121
FILED AS OF DATE:		20040123

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			JOY GLOBAL INC
		CENTRAL INDEX KEY:			0000801898
		STANDARD INDUSTRIAL CLASSIFICATION:	MINING MACHINERY & EQUIP (NO OIL & GAS FIELD MACH & EQUIP) [3532]
		IRS NUMBER:				391566457
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	BUSINESS ADDRESS:	
		STREET 1:		100 EAST WISCONSIN AVE SUITE 2780
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53201-0554
		BUSINESS PHONE:		4144866400

	MAIL ADDRESS:	
		STREET 1:		100 EAST WISCONSIN AVE SUITE 2780
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53201-0554

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HARNISCHFEGER INDUSTRIES INC
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HANSON JOHN NILS
		CENTRAL INDEX KEY:			0001012835
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09299
		FILM NUMBER:		04539720

	BUSINESS ADDRESS:	
		STREET 1:		100 E. WISCONSIN AVE
		STREET 2:		SUITE 2780
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		4144866400

	MAIL ADDRESS:	
		STREET 1:		100 E WISCONSIN AVE
		STREET 2:		SUITE 2780
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>hanson_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2004-01-21</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000801898</issuerCik>
        <issuerName>JOY GLOBAL INC</issuerName>
        <issuerTradingSymbol>JOYG</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001012835</rptOwnerCik>
            <rptOwnerName>HANSON JOHN NILS</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>100 E. WISCONSIN AVE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 2780</rptOwnerStreet2>
            <rptOwnerCity>MILWAUKEE</rptOwnerCity>
            <rptOwnerState>WI</rptOwnerState>
            <rptOwnerZipCode>53202</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>Chairman, CEO and President</officerTitle>
      </reportingOwnerRelationship>
   </reportingOwner>
 <nonDerivativeTable>
   <nonDerivativeTransaction>
      <securityTitle>
         <value>Common Stock</value>
      </securityTitle>
      <transactionDate>
         <value>2004-01-21</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>A</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>17140</value>
         </transactionShares>
         <transactionPricePerShare>
            <footnoteId id="F2"/>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>52140</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
 </nonDerivativeTable>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Employee Stock Option</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>26.5</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2004-01-21</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>A</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>80000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>26.5</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
            <footnoteId id="F1"/>
      </exerciseDate>
      <expirationDate>
         <value>2014-01-21</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>80000</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>80000</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeTransaction>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> This option will vest in three equal installments on January 21, 2005, 2006 and 2007.</footnote>

      <footnote id="F2"> Restricted stock unit award.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>John Nils Hanson</signatureName>
      <signatureDate>2004-01-23</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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