Bucyrus International, Inc. was an American surface and underground mining equipment company. Founded as Bucyrus Foundry and Manufacturing Company in Bucyrus, Ohio, in 1880, Bucyrus moved company headquarters to South Milwaukee, Wisconsin in 1893. In its early history, Bucyrus produced steam shovels. In 2011, the Bucyrus product line included a range of material removal and material handling products used in both surface and underground mining. Caterpillar Inc. purchased Bucyrus in a US$8.8 billion transaction that closed on July 8, 2011. Bucyrus was an early producer of steam shovels, operating from its Bucyrus, Ohio headquarters and manufacturing facility. In 1893, Bucyrus moved its operations to South Milwaukee, Wisconsin. In 1904 Bucyrus supplied 77 of the 102 steam shovels used to dig the Panama Canal.[8] The company changed its name to Bucyrus-Erie in 1927 when it merged with the Erie Steam Shovel Company, the country's leading manufacturer of small excavators at that time. In 1930 Bucyrus joined with the English firm of Ruston