UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C.  20549
 
 
                                 FORM 8-K
 
 
                              CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d)
                OF THE SECURITIES AND EXCHANGE ACT OF 1934
 
 
                              August 1, 1997
                             (Date of Report)
 
 
                       BUCYRUS INTERNATIONAL, INC.
          (Exact name of registrant as specified in its charter)
 
 
     Delaware               1-871                39-0188050
  (State or other     (Commission File          (IRS Employer
  jurisdiction of          Number)               ID Number)
  incorporation)
 
 
 
                              P. O. Box 500
                          1100 Milwaukee Avenue
                     South Milwaukee, Wisconsin 53172
                 (Address of principal executive offices)
 
 
                              (414) 768-4000
           (Registrant's telephone number, including area code)
 
  
 Item 5.  Other Events
 
    On July 11, 1997, Bucyrus International, Inc. ("Registrant") issued a
 press release announcing financial and operating results for the quarter and
 six months ended June 30, 1997.  A copy of said press release is filed as
 Exhibit 99.1 to this report and is incorporated herein by reference.
 
    On July 23, 1997, Registrant issued a press release announcing that it
 had executed a definitive agreement with Global Technologies, Inc. relating
 to the acquisition by the Registrant of the assets of The Marion Power
 Shovel Company and the assets certain related businesses from Global
 Technologies, Inc.  A copy of said press release is filed as Exhibit 99.2 to
 this report and is incorporated herein by reference.
 
    On July 31, 1997, Registrant issued a press release announcing that it
 had executed a Letter of Intent with American Industrial Partners Capital
 Fund II, L.P. ("American Industrial Partners"), providing for the
 acquisition of Registrant by American Industrial Partners or one of its
 affiliates.  Under the terms of the Letter of Intent, American Industrial
 Partners would acquire all of the shares of Registrant at a price of $18 per
 share.  The transaction is subject to customary contingencies, including the
 execution of a definitive agreement, financing, and shareholder, board of
 directors and regulatory approvals.  A copy of said press release is filed
 as Exhibit 99.3 to this report and is incorporated herein by reference.  A
 copy of said Letter of Intent is filed as Exhibit 99.4 to this report and is
 incorporated herein by reference.
 
 Item 7. Financial Statements and Exhibits
 
         (c)  Exhibits:
 
              99.1 Press release announcing financial and operating
                    results for the quarter and six months ended June 30,
                    1997.
 
              99.2 Press release announcing the execution of a definitive
                    agreement for the acquisition by Registrant of the
                    assets of The Marion Power Shovel Company and the
                    assets of certain related businesses from Global
                    Technologies, Inc.
 
              99.3 Press release announcing the execution of a Letter of
                    Intent with American Industrial Partners, providing
                    for the acquisition of Registrant by American
                    Industrial Partners or one of its affiliates.
 
              99.4 Letter of Intent dated July 30, 1997 between
                    Registrant and American Industrial Partners, providing
                    for the acquisition of Registrant by American
                    Industrial Partners or one of its affiliates.
 
 
                                
                                  SIGNATURES
 
 
    Pursuant to the requirements of the Securities Exchange Act of 1934, the
 registrant has duly caused this report to be signed on its behalf by the
 undersigned hereunto duly authorized.
 
 
                               BUCYRUS INTERNATIONAL, INC.
                               (Registrant)
 
 
 
                        By:    /s/C. R. Mackus             
                        Name:  C. R. Mackus
                        Title: Secretary and Controller
 
 
 Date:  August 1, 1997
 
                       
                         BUCYRUS INTERNATIONAL, INC.
                              EXHIBIT INDEX
                                    TO
                        CURRENT REPORT ON FORM 8-K
 
 
 
                                        Incorporated
  Exhibit                                 Herein By      Filed
  Number   Description                    Reference    Herewith
 
   99.1    Press release announcing                        X
           financial and operating
           results for the quarter 
           and six months ended
           June 30, 1997.
 
   99.2    Press release announcing the                    X
           execution of a definitive
           agreement for the acquisition
           by Registrant of the assets
           of The Marion Power Shovel 
           Company and the assets of 
           certain related businesses 
           from Global Technologies, Inc.
 
   99.3    Press release announcing the                    X
           execution of a Letter of Intent
           with American Industrial 
           Partners Capital Fund II, L.P.
           ("American Industrial Partners"),
           providing for the acquisition
           of Registrant by American
           Industrial Partners or one of 
           its affiliates.
 
   99.4    Letter of Intent dated July 30,                 X
           1997 between Registrant and 
           American Industrial Partners
           providing for the acquisition
           of Registrant by American 
           Industrial Partners
           or one of its affiliates.