Equipment End of an Era: Caterpillar To Phase Out 'Bucyrus' Name A longstanding brand in the construction and mining industries, Bucyrus is going away. On July 8, Caterpillar Inc. closed its $8.8-billion purchase of Bucyrus International Inc, the largest acquisition in Cat's 86-year history. The company will soon begin to phase out the Bucyrus nameplate. “As we examined this issue, it became clear that it would be in the best long-term interests of our business to have a single brand,” says Steve Wunning, group president in charge of global mining for Peoria, Ill.-based Caterpillar. Though today known mostly in the
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.