In the early 1930s, BucyrusErie began purchasing shares of Monighan stock with Monighan's approval. Bucyrus purchased a controlling interest and the joint company became known as BucyrusMonighan until the formal merger in 1946. The first walking dragline excavator in the United Kingdom was used at the Wellingborough iron quarry in 1940.
· Line organization refers to that organization in which the authority flows from top to down in a vertical manner and not in a horizontal manner. In order to understand more about line, organization let's look at some of the advantages and disadvantages of line organization