Marion Power Shovel officially ceased operations on July 23, 1997.
Marion Power Shovel Company was a significant entity in the machinery manufacturing industry, particularly known for its heavy equipment. The company's independent operations concluded when it was acquired, with its assets and legacy transitioning to a successor company.
Key Details Regarding Marion Power Shovel's Closure
The table below provides a concise overview of the company's status at the time of its closure:
Detail | Description |
---|---|
Defunct Date | July 23, 1997 |
Fate | Acquired |
Successor | Bucyrus International, Inc. |
Headquarters | Marion, Ohio, United States |
Industry | Machinery Manufacturing |
The acquisition by Bucyrus International, Inc. marked the end of Marion Power Shovel Company as a stand-alone entity. Despite its formal closure, the company's historical contributions to the development of robust mining and construction machinery continued to influence the industry through its successor.