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Bucyrus International Inc. (BUCY). Sector: Industrial Goods Industry: Farm & Construction Machinery Curtis Whitney September 13,2007 cmwhitney@eiu.edu. Company Profile.
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Bucyrus International Inc.(BUCY) Sector:Industrial Goods Industry:Farm & Construction Machinery Curtis Whitney September 13,2007 cmwhitney@eiu.edu
Company Profile • Bucyrus International, Inc. engages in designing, manufacturing, and marketing draglines, electric mining shovels, and rotary blast-hole drills used for surface mining. It also provides aftermarket replacement parts and services for its machines. The company's equipments are used for mining copper, thermal coal, metallurgical coal, oil sands, iron ore, molybdenum, phosphate, bauxite, gold, diamonds, and uranium.
Company profile (continued) • Also offers engineered replacement parts, maintenance and repair labor, technical advice, refurbishment and relocation of machines, structural and mechanical engineering, non-destructive testing, repairs and rebuilds of machine components, product and component upgrades, turnkey erections, and equipment operation and management under long-term maintenance and repair contracts.
Company profile (continued) • The company sells machines and aftermarket parts and services directly through company personnel in the United States and in international markets. It also sells its products in Australia, Brazil, Canada, Chile, China, England, India, Peru, and South Africa through its offices and independent sales representatives. The company was founded as the Bucyrus Foundry and Manufacturing Company in 1880 and changed its name to Bucyrus-Erie. Further, it changed its name to Bucyrus International, Inc. in 1996. Bucyrus International is headquartered in South Milwaukee, Wisconsin.
Low of 38.56 on 9/25/06 • High of 79.77 on 7/16/07 • 61.24 as of 9/10/07 which is 23.23% below its high • Oil=79.70, up 6.48% since last week • Gold=720.80, up 7.82% since last week • Copper=336, up 2.25% since last week
Proposal • 10 shares @ 64.59=645.90