Bucyrus-Erie

Last updated
Bucyrus International, Inc.
Company type Subsidiary
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,
United States
Area served
Worldwide
Products
  • 8750 Dragline
  • RH400 Hydraulic Excavator
  • MT6300AC Mining Truck
Services Maintenance
Parent Caterpillar 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.

Contents

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]

A Bucyrus steam shovel working in the Panama Canal Bucyrus Pan American.png
A Bucyrus steam shovel working in the Panama Canal

In 1904 Bucyrus supplied 77 of the 102 steam shovels used to dig the Panama Canal. [9] 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. [10]

Theodore Roosevelt on a Bucyrus shovel in the Panama Canal in 1906 Roosevelt and the Canal.JPG
Theodore Roosevelt on a Bucyrus shovel in the Panama Canal in 1906

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 Marion Power Shovel. Bucyrus acquired Marion Power Shovel in 1997.[ citation needed ]

On May 4, 2007, Bucyrus completed the acquisition of the DBT Group, a Lunen, Germany-based manufacturer of underground mining equipment, from Ruhrkohle AG of Herne, Germany. Bucyrus acquired DBT because DBT's underground mining equipment complemented Bucyrus' surface mining products.[ citation needed ]

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 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. [13]

The Intellectual Property Rights for Bucyrus Erie marine cranes was acquired by Sparrows Group which has crane manufacturing operations based in Houston, Texas [14]

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

Bucyrus-Erie 1150RB walking dragline preserved at St Aidan's opencast coal mine, Yorkshire, England Bucyrus Erie - geograph.org.uk - 756712.jpg
Bucyrus-Erie 1150RB walking dragline preserved at St Aidan's opencast coal mine, Yorkshire, England
A 200-B power shovel, and a Class 24 on display at the Reynolds-Alberta Museum 1917 Bucyrus Class 24 Dragline and 1929 Bucyrus Erie 200-B Stripping Shovel (2535705692).jpg
A 200-B power shovel, and a Class 24 on display at the Reynolds-Alberta Museum

Related Research Articles

<span class="mw-page-title-main">Excavator</span> Type of construction equipment

Excavators are heavy construction equipment primarily consisting of a boom, dipper, bucket and cab on a rotating platform known as the "house" - although the largest form ever, the dragline excavator, eliminated the dipper in favor of a line and winch.

<span class="mw-page-title-main">Dragline excavator</span> Piece of heavy equipment used in civil engineering and surface mining

A dragline excavator is a heavy-duty excavator used in civil engineering and surface mining. It was invented in 1904, and presented an immediate challenge to the steam shovel and its diesel and electric powered descendant, the power shovel. Much more efficient than even the largest of the latter, it enjoyed a heyday in extreme size for most of the 20th century, first becoming challenged by more efficient rotary excavators in the 1950s, then superseded by them on the upper end from the 1970s on.

<span class="mw-page-title-main">Steam shovel</span> Steam-powered excavation machine

A steam shovel is a large steam-powered excavating machine designed for lifting and moving material such as rock and soil. It is the earliest type of power shovel or excavator. Steam shovels played a major role in public works in the 19th and early 20th century, being key to the construction of railroads and the Panama Canal. The development of simpler, cheaper diesel, gasoline and electric shovels caused steam shovels to fall out of favor in the 1930s.

Big Brutus Power shovel used in southeastern Kansas strip mining

Big Brutus is the nickname of the Bucyrus-Erie model 1850-B electric shovel, which was the second largest of its type in operation in the 1960s and 1970s. Big Brutus is the centerpiece of a mining museum in West Mineral, Kansas, United States, where it was used in coal strip mining operations. The shovel was designed to dig from 20 to 69 feet down to unearth relatively shallow coal seams, which would then be mined with smaller equipment.

The Silver Spade Power shovel used in southeastern Ohio

The Silver Spade was a giant power shovel used for strip mining in southeastern Ohio. Manufactured by Bucyrus-Erie, South Milwaukee, Wisconsin, the model 1950-B was one of two of this model built, the other being its sister ship, the GEM of Egypt. Its sole function was to remove the earth and rock overburden from the coal seam. Attempts to purchase and preserve the shovel from Consol to make it the centerpiece of a mining museum exhibit for $2.6 million fell short. A salvage company began scrapping the machine in January 2009. The boom was dropped using explosives on February 9th, ending any rescue attempts. By March 1st, much of the machine had been cut away.

<span class="mw-page-title-main">Marion Power Shovel Company</span> American construction and mining equipment firm

Marion Power Shovel Company was an American firm that designed, manufactured and sold steam shovels, power shovels, blast hole drills, excavators, and dragline excavators for use in the construction and mining industries. The company was a major supplier of steam shovels for the construction of the Panama Canal. The company also built the two crawler-transporters used by NASA for transporting the Saturn V rocket and later the Space Shuttle to their launch pads. The company's shovels played a major role in excavation for Hoover Dam, the Holland Tunnel and the extension of the Number 7 subway line to Main Street in Flushing, Queens.

Big Muskie Former dragline excavator

Big Muskie was a dragline excavator built by Bucyrus-Erie and owned by the Central Ohio Coal Company, weighing 13,500 short tons (12,200 t) and standing nearly 22 stories tall. It mined coal in the U.S. state of Ohio from 1969 to 1991. It was dismantled and sold for scrap in 1999.

<span class="mw-page-title-main">Power shovel</span> Bucket-equipped machine used for digging and loading earth

A power shovel, also known as a motor shovel, stripping shovel, front shovel, mining shovel or rope shovel, is a bucket-equipped machine usually powered by steam, diesel fuel, gasoline or electricity and used for digging and loading earth or fragmented rock and for mineral extraction. Power shovels are a type of rope/cable excavator, where the digging arm is controlled and powered by winches and steel ropes, rather than hydraulics like in the modern hydraulic excavators. Basic parts of a power shovel include the track system, cabin, cables, rack, stick, boom foot-pin, saddle block, boom, boom point sheaves and bucket. The size of bucket varies from 0.73 to 53 cubic meters.

Terex Corporation is an American company and worldwide manufacturer of lifting and material-handling equipment. Products include those that enable customers to reduce their impact on the environment including electric and hybrid offerings, deliver emission-free performance, support renewable energy, and aid in the recovery of reusable materials from waste. Terex does business in the Americas, Europe, Australia and Asia Pacific.

The Osgood Company was a Marion, Ohio based manufacturer of heavy machinery, producing steam shovels, dragline excavators and cranes. What would eventually become Osgood Company was founded in 1910 as Marion Steam Shovel and Dredge Company by A.E. Cheney, the former head of sales for the Marion Steam Shovel Company. Marion Power Shovel acquired Osgood Company in 1954 and integrated Osgood's products into the Marion Power Shovel product line.

<span class="mw-page-title-main">Ruston-Bucyrus</span>

Ruston-Bucyrus Ltd was an engineering company established in 1930 and jointly owned by Ruston & Hornsby based in Lincoln, England, and Bucyrus-Erie based in South Milwaukee, Wisconsin, the latter of which had operational control and into which the excavator manufacturing operation of Ruston & Hornsby was transferred. The Bucyrus company proper, from which the Bucyrus component of the Ruston-Bucyrus name was created, was an American company founded in 1880, in Bucyrus, Ohio.

Marion 6360, also known as The Captain, was a giant power shovel built by the Marion Power Shovel company. Completed and commissioned on October 15 1965, it was one of the largest land vehicles ever built, exceeded only by some dragline and bucket-wheel excavators. The shovel originally started work with Southwestern Illinois Coal Corporation, but the owners were soon bought out by Arch Coal. Everything remained the same at the mine except for the colors which were changed to red, white, and blue. Like most mining vehicles of extreme size, Marion 6360 only required a surprisingly small amount of men to operate, a total of four consisting of a operator, oiler, welder, and a ground man who looked after the trailing cable.

Ursa Major (excavator) Largest dragline excavator in use in North America


The Ursa Major at Black Thunder Coal Mine, Wyoming, is the largest dragline excavator currently in use in North America and the third largest ever built. It is a Bucyrus-Erie 2570WS model and cost US$50 million. The Ursa Major was one of five large walking draglines operated at Black Thunder, with the next two largest in the dragline fleet being Thor, a B-E 1570W - which has a 97.5-metre (320 ft) boom and a 69-cubic-metre (2,400 cu ft) bucket - and Walking Stick, a B-E 1300W with a 92-metre (302 ft) boom and a 34-cubic-metre (1,200 cu ft) bucket.

<span class="mw-page-title-main">P&H Mining</span>

P&H Mining Equipment sells drilling and material handling machinery under the "P&H" trademark. The firm is an operating subsidiary of Joy Global Inc. In 2017 Joy Global Inc. was acquired by Komatsu Limited of Tokyo, Japan, and is now known as Komatsu Mining Corporation and operates as a subsidiary of Komatsu.

<span class="mw-page-title-main">Marion Steam Shovel (Le Roy, New York)</span> United States historic place

The Marion Steam Shovel, also known as the Le Roy Steam Shovel, is a historic Model 91 steam shovel manufactured by the Marion Steam Shovel and Dredge Company of Marion, Ohio. It is located on Gulf Road in the Town of Le Roy, New York, United States.

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 (363 t). The closest analogs are Liebherr T 282B, Caterpillar 797F, which can carry the same weight, and BelAZ 75710 with 450 tons payload capacity.

<span class="mw-page-title-main">Joy Global</span>

Joy Global Inc. was a company that manufactured and serviced heavy equipment used in the extraction and haulage of coal and minerals in both underground and surface mining. The company had manufacturing facilities in Alabama, Pennsylvania, Texas, Wisconsin, Australia, Canada, China, France, South Africa, Poland and the United Kingdom. In 2017, Joy Global was acquired by Komatsu Limited and was renamed Komatsu Mining Corp.

<span class="mw-page-title-main">NCK</span> Agricultural equipment firm in the UK

NCK, started as a subsidiary of Newton, Chambers & Company, a large engineering company based in Sheffield, England. They produced the range of agricultural equipment, skimmers, excavators, cranes and draglines that were renowned for high quality and long life, typically over 20 years. Many NCK machines continue to operate worldwide.

GEM of Egypt

The GEM of Egypt was a power shovel used for strip mining built by Bucyrus-Erie in 1966 for working the Egypt Valley coalfield near Barnesville, Ohio. GEM is an acronym for “Giant Earth Mover” or “Giant Excavating Machine”. It was one of only two Bucyrus-Erie 1950-B shovels built and one of two to use the knee action crowd licensed from Marion Power Shovel in exchange to Marion's use of BE's cable crowd patent.

A crawler excavator, also known as a track-type excavator or tracked excavator, is a type of heavy construction equipment primarily used for excavation and earthmoving tasks. It is characterized by its tracked undercarriage, which provides superior mobility and traction compared to wheeled excavators, especially in soft, uneven, or unstable terrain..

References

  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.
  8. Bogue 1985, p. 150.
  9. Bucyrus & timeline.
  10. McCullough, David (1977). The Path Between the Seas, The Creation of the Panama Canal: 1870-1914 . Simon & Schuster. ISBN   9780671244095.
  11. Bucyrus-Erie 1994.
  12. "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.
  13. Caterpillar 2010.
  14. "Manufacturing - Sparrows Group". sparrowsgroup.com. Archived from the original on 2014-08-10.
  15. Bucyrus 2010a.
  16. Furek, M.W. Sheppton: The Myth, Miracle & Music. CreateSpace, 2015
  17. "Mining history goes on show". Yorkshire Post . 25 June 2001. Archived from the original on 24 April 2019. Retrieved 24 April 2019.

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