Bucyrus and Hensley Sign Distribution Agreement
SOUTH MILWAUKEE, Wis., Sept. 30, 2008 (GLOBE NEWSWIRE) — Bucyrus International, Inc. (Nasdaq:BUCY) and Hensley Industries, Inc. announced today that they have entered into a Supply and Distribution Agreement for Brazil. Under the terms of the agreement Bucyrus will install Hensley’s line of hammerless ground engaging tools on its electric rope shovels and walking draglines sold in Brazil, as well as support the sale of Hensley’s products to the Brazilian aftermarket. Other markets could be added in the near future. Both companies look forward to expanding their relationship as global partners for the sale and distribution of hammerless ground engaging systems which offer safe, productive, and cost efficient solutions for earth moving equipment.
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. Bucyrus’ underground mining equipment is used primarily for mining coal and also used in mining minerals such as potash and trona. 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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CONTACT: Bucyrus International, Inc. Kent B. Henschen - Director, Corporate Communications 414.768.4626 email@example.com www.bucyrus.com