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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 ...
Cat's ability to integrate and profit from them is unquestionable, as they are already adding to Cat's top line. The Bucyrus acquisition in particular has given the company a solid mining push.
[7] [8] Prior to the introduction of the Caterpillar 797F and the Bucyrus MT6300AC at MINExpo International in September, 2008, the Liebherr T 282B, introduced in 2004, was the only haul truck with a payload capacity of 400 short tons (363 t). Compared to the 797B, the 797F has a higher payload capacity and a more powerful, more efficient engine.
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.
Caterpillar Inc., also known as Cat, is an American construction, mining and other engineering equipment manufacturer. [6] The company is the world's largest manufacturer of construction equipment. [3] [7] [8] In 2018, Caterpillar was ranked number 73 on the Fortune 500 list [9] and number 265 on the Global Fortune 500 list. [10]
Bucyrus integrated the Marion division's products into the Bucyrus product line, then closed the Marion, Ohio, facility. In 2010 Bucyrus was purchased by Caterpillar, Inc., the world’s largest equipment manufacturer.
The Bucyrus MT6300AC is an off-highway, ultra class, two-axle, diesel/AC electric powertrain haul truck designed and manufactured by Bucyrus International Inc. in the United States. The MT6300AC is Bucyrus' largest, highest payload capacity haul truck, offering one of the largest haul truck payload capacities in the world, up to 400 short tons ...
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