Bucyrus-Erie
Company type | Subsidiary of Caterpillar Inc. |
---|---|
Industry | Machinery manufacturing |
Predecessor |
|
Founded | Bucyrus, Ohio, United States (1880 ) |
Founder | Daniel P. Eells et al. |
Defunct | July 2011 |
Fate | Purchased by Caterpillar Inc. |
Headquarters | , United States |
Area served | Worldwide |
Products |
|
Services | Maintenance |
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
History
1880-1927
Bucyrus was an early producer of steam shovels in its Bucyrus, Ohio headquarters and manufacturing facility. In 1893, Bucyrus moved its operations to South Milwaukee, Wisconsin.[8]
In 1904 Bucyrus supplied 77 of the 102
1927-1980
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.[citation needed]
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.
1980-2011
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.[citation needed]
For a time in the 1980s the company was known as Becor Western following its merger with Western Gear.[citation needed]
On February 18, 1994, Bucyrus-Erie filed for Chapter 11 bankruptcy, and remained under bankruptcy protection until December 14, 1994.[11]
The company adopted the name Bucyrus International, Inc. in 1997.[citation needed]
Bucyrus built hundreds of large mining machines, as well as construction equipment, competing with
On May 4, 2007, Bucyrus completed the acquisition of the DBT Group, a
In February 2010, Bucyrus International completed a US$1.3 billion acquisition of the mining equipment division of Terex Corporation.[12]
On November 15, 2010, Bucyrus agreed to be acquired by
The Intellectual Property Rights for Bucyrus Erie marine cranes was acquired by Sparrows Group which has crane manufacturing operations based in
Products
Bucyrus owned the Bucyrus, Bucyrus-Erie, Marion, and Ransomes & Rapier brands and provided OEM parts and support services for machinery which bears those brands.[15]
Historical
- 4250-W walking McConnellsville, Ohioin a small park dedicated to coal mining.
- 3850-B power shovels for stripping, one built each in 1962 and 1964, with bucket capacities of 115 and 145 cu yd (88 and 111 m3).
- 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.
- Silver Spade and its twin the GEM of Egypt, 1950B power shovels, were built in 1965 and 1967 respectively, with a bucket capacity of 80 m3 (100 cu yd). The Silver Spade was dismantled in 2007.
- Big Brutus, an 1850-B power shovel, was built in 1962, with a 90-yard bucket. It is in West Mineral, Kansas, as the centerpiece of a museum.
- Bucyrus-Erie 50-R, 55 feet high and housing a massive drill, was used in the successful rescue of two miners during the 1963 Sheppton, Pennsylvania mining disaster.[16]
- 1250-B/W and 1260-W walking draglines, with buckets between 33 and 45 cu yd (25 and 34 m3).
- 5-W walking dragline, with a 5-cubic-yard (3.8 m3) bucket and produced until around 1970.
- 1150RB walking dragline, transported to Britain in 1946 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.[17]
References
- ^ 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.
- ISBN 9780671244095.
- ^ Bucyrus-Erie 1994.
- ^ "Bucyrus Completes Acquisition of Mining Business of Terex". bucyrus.com. Bucyrus International Inc. 2010-02-19. Archived from the original on 2010-02-27. 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.
- ^ "Manufacturing - Sparrows Group". sparrowsgroup.com. Archived from the original on 2014-08-10.
- ^ Bucyrus 2010a.
- ^ Furek, M.W. Sheppton: The Myth, Miracle & Music. CreateSpace, 2015
- Yorkshire Post. 25 June 2001. Archived from the originalon 24 April 2019. Retrieved 24 April 2019.
- 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 2011-07-08. Retrieved 2011-02-20.
Sales....$3,650,563
- 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 2011-06-21. 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 2011-07-08. 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 2010-12-14. 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 2010-12-13. Retrieved 2011-01-27.
- "Bucyrus Timeline" (PDF). bucyrus.com. Bucyrus International, Inc. 2005. Archived from the original (PDF) on 2010-11-20.
External links
Media related to Bucyrus International at Wikimedia Commons