Bucyrus International CEO Tim Sullivan had some great news during an earnings call on Friday: The company could bring more than 500 new jobs to the Milwaukee area thanks to the recent acquisition of the underground mining division of Terex Corporation.
And it sounds like most, if not all, of those jobs will be in South Milwaukee.
Don’t forget that several years ago Bucyrus, needing additional space for its welding operations, began leasing more than 300,000 of plant, warehouse and yard space on the near south side of Milwaukee. How many jobs will end up there? We’ll see.
We’re already seeing the 66-acre South Milwaukee complex is the biggest beneficiary of Bucyrus’ hiring. A quick search of the company’s website revealed 93 current domestic job openings … with 61 of those listing the location as South Milwaukee.
As for the new jobs, a story on WISN-TV this evening broke down the 500 new workers this way: 150 engineers, 150 South Milwaukee office personnel and 200 plant workers. Sullivan told WISN: “We’re still one of the fastest-growing companies in the United States, but to create that level of job opportunity here in this particular economy, I think it’s great for the city. It’s great for us.”
Amen to that. What a wonderful company to have based in South Milwaukee.
Learn more about Bucyrus’ plans in the Journal Sentinel story here. Click here for the WISN-TV story.
From the Journal Sentinel story:
In February, Bucyrus acquired the mining division of Terex Corp., based in Westport, Conn.
The acquisition was expected to create between 300 and 500 jobs in Milwaukee, including several hundred manufacturing positions and Terex employees transferred from Connecticut.
The new jobs are expected over the next two to three years.
“I think it’s safe to say those numbers will go up rather than down,” Sullivan said.
The WISN story has the following quote from Milwaukee Mayor Tom Barrett: “We have worked with Bucyrus to develop worker skills that meet the company’s needs and that has helped set the stage for their expansion. We look forward to working with Bucyrus and other companies to make sure their growth plans include expansion in our region.”
