CORFAC News

(MILWAUKEE, WI) – June 8, 2010 -- The Dickman Company Inc./CORFAC International announced today that it has represented Bucyrus International Inc. (NASDAQ: BUCY) in the acquisition of two Oak Creek buildings to accommodate its growing workforce.Firm founder and President Samuel D. Dickman represented Bucyrus in the purchase of two buildings at 6744 South Howell Avenue in Oak Creek, a Wisconsin suburb that is south of Milwaukee and north of Racine County. The property is comprised of 120,000 square feet on approximately 27 acres. It was formerly occupied by Midwest Airlines. The seller was Westminster Badger LLC and the sale price was not disclosed. However, marketing materials pegged the asking price at $14.9 million. Bucyrus is the largest mining equipment manufacturer in the world and recently acquired the mining equipment division of Terex Corp., based in Westport Conn. Bucyrus has reported that it plans to add about 700 employees to its Wisconsin workforce, mostly by moving Terex managers and engineers to the Milwaukee area this summer from Texas and Connecticut. The company will maintain its South Milwaukee headquarters (with approximately 1500 employees) at 1100 Milwaukee Avenue. One of the new Oak Creek buildings will be used for employee training and conferences and the other building will be used for offices.About The Dickman Company, Inc. & CORFAC InternationalThe Dickman Company, Inc. was founded in 1996 by a group of experienced brokers committed to providing unparalleled service in the commercial real estate market. The firm's President, Samuel D. Dickman, brings 45 years of real estate experience in the Milwaukee area. He created the company with the vision of serving as an aggressive advocate for its clients on a daily basis.CORFAC International is one of the largest commercial real estate services organizations in the world and celebrates its 21st year in 2010. U.S.-based CORFAC is comprised of privately held entrepreneurial firms serving more than 150 markets in the Americas and internationally through alliances with UK-based King Sturge, BDIin Mexico,Rios Commercialin Puerto Rico and Panama-based Latin American Corporate Property Services. In recent years, CORFAC firms completed over 9,000 commercial real estate transactions annually, encompassing more than 300 million square feet and valued each year in excess of $30 billion.  For more information on CORFAC contact 954-923-6160, info@corfac.com or visit www.corfac.com.