Home | Contact | deutsch portuguese espanol 中文
Bucyrus International, Inc.


 

 
QUICK Links
President's Message
Tradition
Reliability
Quality
Safety & Environment
Social Development
Economic Dev.

 

 Economic Development  "providing value to all stakeholders" 
Bucyrus seeks to grow our current business and take advantage of profitable growth opportunities in favorable market situations. Our contribution to economic development benefits our shareholders and customers as well as local and global economies.


Expanding Operations
In order to meet increased market demand, we have undergone a $200 million multi-phase capacity expansion of our surface mining manufacturing facilities in South Milwaukee. This expansion has enabled us to triple shovel production and double our manufactured parts capacity. It also provides improved efficiency and workflow.
  Phase 1:

110,000 square feet of new space for welding and machining of large electric mining shovel components north of Rawson Avenue. Substantially complete at the end of the third quarter of 2006.

  Phase 2: Further expansion of our new facility north of Rawson Avenue from 110,000 square feet to nearly 350,000 square feet of welding, machining and raw material storage area. Construction completed in April 2007.
  Phase 3: Renovation and expansion of manufacturing buildings and offices at our existing facilities south of Rawson Avenue. This portion of our campus has received a substantial face-lift including a new assembly area, centralized warehouse, lay-down area, 300-car parking lot and increased gearing capacity. Focus is on modernizing facilities and improving manufacturing and administrative efficiencies. Renovations affecting manufacturing are essentially complete. The remaining work involves aesthetic enhancments.

Creating Jobs
In order to meet increased customer demand Bucyrus has substantially increased its workforce, bringing on additional highly skilled and experienced personnel. Today, Bucyrus employs nearly 6,500 people in 15 countries.

Visit our Employment page for career opportunities with Bucyrus. 


Optimizing Shareholder Value

We have achieved exceptional growth over the last few years as the result of several organic growth opportunities including a strong market. Since 2000, we have achieved a compound annual growth rate of 18.6% in revenue and an exceptional 45.1% compound annual growth rate in EBITDA performance. We believe that we will continue to grow this percentage as operational efficiencies increase with our new facilities and as strong market opportunities allow us to further grow our business.

For detailed information on Bucyrus’ financial performance, please visit our Investor Relations site.