BUCYRUS

After merging with the Erie Steam Shovel Company in 1927, the Bucyrus Foundry and Manufacturing Company became Bucyrus-Erie, manufacturing surface and underground mining equipment. After filing for bankruptcy in 1993, the company bounced back, acquiring major competitor Marion Power Shovel in 1997, the DBT Group in 2007, and Terex Corporation in 2010. In 2011 Caterpillar bought Bucyrus International (as it was renamed in 1997) for US$8.6 billion.

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