|Type||Subsidiary of Caterpillar Inc.|
|Founded||Bucyrus, Ohio, United States (1880 )|
|Founder||Daniel P. Eells et al.|
|Fate||Purchased by Caterpillar Inc.|
|Footnotes / references|
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.
Renamed Bucyrus International, Inc. in 1997, it was purchased by Caterpillar in a US$7.6 billion ($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.
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In 1904 Bucyrus supplied 77 of the 102 steam shovels used to dig the Panama Canal. These were 95 ton models with five-cubic-yard buckets that could move approximately eight tons of material at once. They were operated by a crew of four. Similar to a locomotive, the crew was headed by an engineer, and included two firemen who stoked the boiler with coal, and a craneman. A support crew of six on the ground laid rails on which the shovel moved. A photograph of President Theodore Roosevelt was taken in November 1906 operating a Bucyrus shovel in Panama during his inspection trip. In March 1910, a single Bucyrus shovel excavated 70,000 cubic yards in 26 days at the Culebra cut, setting a canal construction record. Each shovel averaged over 1,000,000 cubic yards of earth excavated at the cut.
The company changed its name to Bucyrus-Erie in 1927 when it merged with the Erie Steam Shovel Company, the country's leading manufacturer of small excavators at that time.
In 1930 Bucyrus joined with Ruston & Hornsby Ltd Lincoln, England, forming the Ruston-Bucyrus Ltd firm in England. Ruston & Hornsby Ltd were the pre-eminent manufacturers of steam excavators at the time, having started in 1874. The merger gave the company access to previously unavailable world markets.
Ruston & Hornsby Ltd sold their share in Ruston-Bucyrus in 1985, during a period of recession and consolidation in the mining industry, as they divested non-core businesses to survive.
For a time in the 1980s the company was known as Becor Western following its merger with Western Gear.
The company adopted the name Bucyrus International, Inc. in 1997.
On May 4, 2007, Bucyrus completed the acquisition of the DBT Group, a Lunen, Germany-based manufacturer of underground mining equipment, from RAG Coal International AG of Herne, Germany. Bucyrus acquired DBT because DBT's underground mining equipment complemented Bucyrus' surface mining products.
On November 15, 2010, Bucyrus agreed to be acquired by Caterpillar in a transaction valued at US$8.6 billion. Caterpillar said it intended to create a new mining business headquarters at the former Bucyrus headquarters location in South Milwaukee. The transaction closed in mid-2011.
- 4250-W walking dragline, also known as Big Muskie, was built in 1969, with a 220-cubic-yard (170 m3) bucket and weighed 13,000 metric tons. Big Muskie's 220-cubic-yard (170 m3) bucket is currently near McConnellsville, Ohio in a small park dedicated to coal mining.
- Two 3850-B stripping shovels built in 1962 and 1964, with bucket capacities of 115 and 145 cu yd (88 and 111 m3).
- The 2570-W or WS, one of B-E's most popular dragline models with bucket capacities between 120 and 160 cu yd (92 and 122 m3). Ursa Major at Black Thunder Coal Mine was reported to be the third largest dragline ever built.
- The Silver Spade and its twin the GEM of Egypt, 1950B Stripping shovels, was built in 1965 and 1967 respectively, with a bucket capacity of 80 m3 (100 cu yd). The Silver Spade was dismantled in 2007. Videos of it working are on Bennetshovel on YouTube.com
- The Stripping shovel Big Brutus, a 1850-B, was built in 1962, with a 90-yard bucket. It is in West Mineral, Kansas, as the centerpiece of a museum.
- The Bucyrus-Erie 50-R, 55 feet high and housing a massive drill, was responsible for the successful rescue of two miners during the 1963 Sheppton, Pennsylvania mining disaster.
- The 1250-B/W and 1260-W walking draglines, with buckets between 33 and 45 cu yd (25 and 34 m3).
- The 5-W walking dragline, carrying a 5-cubic-yard (3.8 m3) bucket and produced until around 1970;
- Marion Power Shovel Company of Marion, Ohio designed the crawler transporter used to carry Saturn V rockets and Space Shuttles to their launch pads.
- in 1946 an 1150RB walking dragline was transported to Britain as part of the Marshall Plan. It was used to remove overburden at various mines around the UK, lastly at St Aidan's opencast coal mine, Yorkshire, until the River Aire burst its banks and flooded the mine in March 1988. It has been preserved as a static monument at the site.
- Syncrude Newsletter 2006, p. 1.
- Bucyrus 2009, p. 4.
- Bucyrus 2009, p. 59.
- Bucyrus 2010, p. 21.
- Bucyrus 2005, p. 1.
- Bucyrus 2011, pp. 1-4.
- Montlake, Simon (March 4, 2013). "Cat Scammed: How A U.S. Company Blew Half A Billion Dollars In China". Forbes. Retrieved 29 April 2017.
- Bogue 1985, p. 150.
- Bucyrus & timeline.
- McCullough, David (1977). The Path Between the Seas, The Creation of the Panama Canal: 1870-1914. Simon & Schuster.
- Bucyrus-Erie 1994.
- "Bucyrus Completes Acquisition of Mining Business of Terex". bucyrus.com. Bucyrus International Inc. 2010-02-19. Archived from the original on 2010-03-01. Retrieved 2010-03-01.
Bucyrus International, Inc. ...announced today that it has completed its acquisition of the mining equipment business of Terex Corporation.
- Caterpillar 2010.
- Bucyrus 2010a.
- Furek, M.W. Sheppton: The Myth, Miracle & Music. CreateSpace, 2015
- "Mining history goes on show". Yorkshire Post. 25 June 2001.
- Bogue 1985, p. 151.
- Bogue, Margaret Beattie (April 1985). Around the Shores of Lake Michigan: A Guide to Historic Sites (Pap/Map ed.). Madison, Wisconsin, United States: University of Wisconsin Press. ISBN 978-0-299-10004-9. Retrieved 2010-11-19.
- "Bucyrus International, Inc. Announces Summary Financial Results for the Quarter and Year Ended December 21, 2010" (Press release). Bucyrus International, Inc. 2011-02-17. Archived from the original (PDF) on 2011-02-21. Retrieved 2011-02-20.
- Haddock, Keith (December 2005). Gansen, Steve (ed.). Bucyrus: Making the Earth Move for 125 Years (1st ed.). St. Paul, Minnesota, United States: MBI. ISBN 978-0-7603-2286-4. Retrieved 2010-11-19.
- Henschen, Kent; Okonek, Jennifer (November 2005). "Bucyrus Celebrates 150 Years" (PDF). Coal News. coalnews.net. Archived from the original (PDF) on 2010-11-20. Retrieved 2010-11-19.
- "2009 Annual Report" (PDF). bucyrus.com. Bucyrus International, Inc. 2009. Archived from the original (PDF) on 2010-11-20. Retrieved 2010-11-19.
- "Bucyrus-Erie Company 1994 Form 10-K". getfilings.com. 1994-12-31. Archived from the original on 2010-11-19. Retrieved 2010-11-19.
Second Amended Joint Plan of Reorganization of B-E Holdings, Inc. and Bucyrus-Erie Company under chapter 11 of the Bankruptcy Code, as modified December 1, 1994 (the "Amended Plan").
- "Bucyrus International" (PDF). Syncrude Newsletter. Bucyrus International, Inc. 2006-03-16. Archived from the original (PDF) on 2010-11-20. Retrieved 2010-11-19.
In 1880 Daniel P. Eells brought together relatives and business associates with the intention of forming a new manufacturing facility.
- "Bucyrus International, Inc. 2009 Form 10-K". bucyrus.com. Bucyrus International, Inc. 2010-03-01. Archived from the original (PDF) on 2010-11-20. Retrieved 2010-11-19.
- "Bucyrus Timeline" (PDF). bucyrus.com. Bucyrus International, Inc. 2005. Archived from the original (PDF) on 2010-11-20. Retrieved 2010-11-19.
- "Caterpillar to Acquire Bucyrus Creating Mining Equipment Company With Unmatched Product Range, Unrivaled Customer Support; Highly Complementary Combination Expected to Drive Strong Synergies" (PDF) (Press release). Caterpillar Inc. 2010-11-15. Archived from the original (PDF) on 2010-11-20. Retrieved 2010-11-19.
Caterpillar Inc. and bucyrus International, Inc. announced today they have entered into an agreement under which Caterpillar will acquire Bucyrus International in a transaction valued at approxijately $8.6 billion (including net debt).
- "Company Profile 140210 US:Layout 1 The Bucyrus Difference" (PDF). bucyrus.com. Bucyrus International, Inc. 2010-02-14. Archived from the original (PDF) on 2010-11-20. Retrieved 2010-11-19.
- "History Brochure (v5) Lit #853 - The Bucyrus Legacy" (PDF). bucyrus.com. Bucyrus International, Inc. January 2005. Archived from the original (PDF) on 2010-11-20. Retrieved 2010-11-19.
- "Products Frequently Asked Questions". bucyrus.com. Bucyrus International, Inc. 2010. Archived from the original on 2011-01-28. Retrieved 2011-01-27.
- "Bucyrus Timeline" (PDF). bucyrus.com. Bucyrus International, Inc. 2005. Archived from the original (PDF) on 2010-11-20.
Media related to Bucyrus International at Wikimedia Commons