new bucyrus hydracrowd can generate $5m in additional
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For Immediate Release
For further information, contact Ron Doll
Product Marketing Tel: +1 414-768-4197
[email protected] www.bucyrus.com
New Bucyrus HydraCrowd Can Generate $5M in Additional Annual Revenue
South Milwaukee, WI, USA, Janurary 30, 2009 –
Bucyrus International, Inc. (NASDAQ: BUCY) announced the introduction of the new HydraCrowd, the first new electric shovel crowd technology in 70 years! By eliminating the need for rope crowd change intervals, the HydraCrowd adds 3 days of additional production per year amounting to an annual revenue gain that approaches $5M in certain minerals. A hydraulic cylinder inside the tubular dipper handle eliminates the crowd retract ropes, or rack and pinion gearing. Major maintenance for the HydraCrowd is scheduled every 24 months, a great time savings from the maintenance required on conventional crowd systems, with added safety. The HydraCrowd system is controlled with proven Bucyrus IGBT technology, and has complete diagnostic and troubleshooting capabilities. The HydraCrowd ensures each shovel will be able to deliver maximum productivity in the harshest environments. The Bucyrus HydraCrowd is available on most 495 Shovels, for both new machines and as a retrofit on existing machines. About Bucyrus International, Inc. Bucyrus is a world leader in the design and manufacture of high productivity mining equipment for the surface and underground mining industries. Bucyrus’ surface mining equipment is used for mining coal, copper, iron ore, oil sands and other minerals and Bucyrus’ underground mining equipment is used primarily for mining coal. In addition to machine manufacturing, Bucyrus manufactures high quality OE parts and provides world-class support services for their machines. Bucyrus’ corporate headquarters is located in South Milwaukee, Wisconsin, USA.
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