Bucyrus-Erie

Bucyrus International, Inc.
Company typeSubsidiary
Nasdaq: BUCY
IndustryMachinery manufacturing
Predecessor
  • Bucyrus Foundry and Manufacturing Company (1880–1893)
  • Bucyrus Steam Shovel and Dredge Company of Wisconsin (1893–1895)
  • The Bucyrus Company (1895–1911)
  • Bucyrus Company (1911–1927)
  • Bucyrus-Erie Company (1927–1996)
Founded1880; 144 years ago (1880), in Bucyrus, Ohio, United States
FounderDaniel P. Eells et al.
DefunctJuly 2011 (2011-07)
FatePurchased by Caterpillar Inc.
Headquarters
South Milwaukee, Wisconsin
,
United States
Area served
Worldwide
Products
  • 8750 Dragline
  • RH400 Hydraulic Excavator
  • MT6300AC Mining Truck
ServicesMaintenance
ParentCaterpillar Inc.
Footnotes / references
[1][2][3][4][5][6]

Bucyrus-Erie was an American surface and underground mining equipment company. It was founded as Bucyrus Foundry and Manufacturing Company in Bucyrus, Ohio, in 1880. Bucyrus moved its headquarters to South Milwaukee, Wisconsin, in 1893. In 1927, Bucyrus merged with the Erie Steam Shovel Company to form Bucyrus-Erie. In 1997, it was renamed Bucyrus International, Inc. In 2010 the enterprise was purchased by Caterpillar in a US$7.6 billion[7] ($8.6 billion including net debt) transaction that closed on July 8, 2011. At the time of its acquisition, the Bucyrus product line included a range of material removal and material handling products used in both surface and underground mining.

  1. ^ Syncrude Newsletter 2006, p. 1.
  2. ^ Bucyrus 2009, p. 4.
  3. ^ Bucyrus 2009, p. 59.
  4. ^ Bucyrus 2010, p. 21.
  5. ^ Bucyrus 2005, p. 1.
  6. ^ Bucyrus 2011, pp. 1–4.
  7. ^ Montlake, Simon (March 4, 2013). "Cat Scammed: How A U.S. Company Blew Half A Billion Dollars In China". Forbes. Retrieved 29 April 2017.