U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One):
[ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q [ ] Form N-SAR
For Period Ended: September 30, 1997
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: _____________________________________
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:_____________________
______________________________________________________________________________
Part I -- Registration Information
Full Name of Registrant: Bucyrus International, Inc.
Former Name if Applicable: __________________________________________
Address of Principal Executive Office: 1100 Milwaukee Avenue
City, State and Zip Code: South Milwaukee, Wisconsin 53172
____________________________________________________________________________
Part II -- Rules 12b-25 (b) and (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate.)
[X] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be
filed on or before the fifteenth calendar day following the prescribed
due date; or the subject quarterly report or transition report on
Form 10-Q, or portion thereof will be filed on or before the fifth
calendar day following the prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable.
____________________________________________________________________________
Part III -- Narrative
State below in reasonable detail the reasons why Form 10-K, 20-F, 11-K, 10-Q,
N-SAR or the transition report or portion thereof could not be filed within
the prescribed time period.
The Registrant consummated an acquisition of another business on
August 26, 1997 (the Surface Mining and Equipment Business of Global
Industrial Technologies, Inc. -- see Form 8-K filed on September 2, 1997),
and was merged with another company on September 26, 1997 (a subsidiary of
American Industrial Partners -- see Form 8-K filed on October 10, 1997).
Both of these transactions were consummated late in the quarter under
report, and both required significant purchase accounting adjustments for
both the Registrant and certain of its subsidiaries on an unconsolidated
basis. As a consequence of these two transactions, the Registrant, despite
devoting a substantial effort on the part of its internal accounting staff
and outside accountants, has nevertheless been unable to timely complete
the necessary financial statements without unreasonable effort or expense.
____________________________________________________________________________
Part IV -- Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Craig R. Mackus (414) 768-4267
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under section 13 or 15(d) of the
Securities Exchange Act of 1934 or section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period
that the registrant was required to file such report(s) been filed?
If the answer is no, identify report(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected
by the earnings statements to be included in the subject report or
portion thereof?
[X] Yes [ ] No
If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.
Significant changes in the results of operations will occur as a
consequence of two non-recurring items: (1) $6,690,000 of expense
incurred to cash out options to purchase the Registrant's common stock
and outstanding stock appreciation rights in connection with the
acquisition of the Registrant by American Industrial Partners, and
(2) $3,361,000 of loan fees incurred in connection with financing
incurred to acquire the Surface Mining and Equipment Business of
Global Industrial Technologies, Inc.
Bucyrus International, Inc.
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: November 14, 1997 By: /s/ C. R. Mackus
C. R. Mackus
Secretary and Controller
