COMPANYHISTORIES
SIC 3532

Mining Machinery and Equipment, Except Oil and Gas Field Machinery and Equipment

How the companies in this industry began, and the forces that shaped them.

3companies1892–1927founding years3still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedRexnord Corporation
1892
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedBoart Longyear Company
1911
1914
EconomyWorld War I begins; global trade reorders.
FoundedBucyrus International, Inc.
1927
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EnvironmentThe Kyoto Protocol sets the first climate targets.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Rexnord Corporation →
Active · founded 1892
A wholly owned subsidiary of BTR PLC, an international holding company based in London, England, since 1994, the…
Boart Longyear Company →
Active · founded 1911
Boart Longyear Company is a major provider of diamond drill bits and related drilling parts and services for the…
Bucyrus International, Inc. →
Active · founded 1927
Bucyrus International, Inc.
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