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Designs, manufactures and markets draglines, electric mining shovels and rotary blasthole drills used for surface mining and provide the aftermarket replacement parts and service for these machines.
World demand will continue to drive mining for the next several years. These guys provide the equipment to do it, the classic method to make money in mining. The order back log is 2+ years. Their business is global.
I have worked for Bucyrus for just over a year and I really wish I hadn't taken the classic advice of "don't invest in the company you work for" In the time I have worked for them the price of its stock has nearly tripled. Not to meantion it's the best place I have ever worked.
Stock has a long way to go...JOYG is also a player, however that's it for their niche market.
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