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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.
Industrial equipment manufacturing giant Caterpillar (CAT) said it will acquire mining equipment company Bucyrus International (BUCY) in a deal valued at approximately $8.6 billion. With this ...
Global Industrial Technologies sold the Marion Power Shovel Company, which had revenues of US$114.4 million in FY 1996, for US$40.1 million to Bucyrus International on July 23, 1997. [12] [13] [14] Following the acquisition, Bucyrus International closed Marion Power Shovel Company's Marion, Ohio facility. [citation needed]
Bucyrus was itself acquired by heavy equipment and diesel engine maker, Caterpillar, in 2011. Caterpillar's largest dragline is the 8750 with a 169-yard bucket, 435-foot boom, and 8,350 ton weight. The market for draglines began shrinking rapidly after the boom of the 1960s and 1970s which led to more mergers.
In 1997 Terex aquired mining business from O&K, including worlds largest hydraulic excavator RH 400, later produced as Cat 6090. [11] In 2010 Terex sold its mining business to Bucyrus. [12] In December 2013, Volvo Construction Equipment (VCE) acquired the Terex line of heavy haul trucks.
Finning was appointed dealer in Northern Ireland and the Republic of Ireland in 2010 and Finning acquired rights to represent Caterpillar in the Canadian province of Saskatchewan in 2015. Today, Finning operates in six countries, with annual revenues of $6.2 billion (2017) and is the largest Caterpillar dealer in the world. [3]
The Foreign Investment Review Agency (FIRA) was established by the Canadian Parliament in 1973 to ensure that the foreign acquisition and establishment of businesses in Canada was beneficial to the country. The Foreign Investment Review Act that created the agency was the culmination of a series of government reports and debates.
Scams and confidence tricks are difficult to classify, because they change often and often contain elements of more than one type. Throughout this list, the perpetrator of the confidence trick is called the "con artist" or simply "artist", and the intended victim is the "mark".