Boart Longyear Ltd - Company Profile
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Boart Longyear Ltd (Boart Longyear) is a provider of drilling services, equipment, and performance tooling for mining and drilling companies. It specializes in offering a wide range of drilling services, including surface and underground drilling, and water services. The company's products include drill rigs, performance tooling, and down-hole instrumentation. Brands associated with the company include the LM Modular Diamond Drill System and the Q wireline system. The company's products and services cater to a diverse mining customer base, spanning various commodities such as copper, gold, nickel, zinc, and uranium, and are also used in energy and environmental sectors. The company has manufacturing locations and offices across multiple continents, targeting markets in North America, Latin America, Asia Pacific, and Africa. Boart Longyear is headquartered in Salt Lake City, Utah, the US.
Headquarters
United States of America
Address
2455 South 3600 West, West Valley, Utah, 84119
Website
www.boartlongyear.com
Telephone
1 801 9726430
Industry
Industrial Goods and Machinery
Revenue (2023)
$1.1B
Boart Longyear Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Coring Rod, Casing, and Subs | Surface Drilling | XQ |
| Diamond Bits | Surface Coring | RQ |
| Diamond Reaming Shell | Reverse Circulation Drilling | Longyear |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Ownership Changes | In April, the company was acquired by American Industrial Partners Capital Fund. |
| 2022 | New Products/Services | In January, the company launched LM Deephole Underground Rig Offering, a PQ drill head. |
| 2021 | New Products/Services | In December, the company launched Roller Latch Quick Pump-In Overshot, tailored for underground and up-hole drilling. |
Competitor Comparison
| Key Parameters | Boart Longyear Ltd | Superior Energy Services Inc | C&J Energy Services Inc | Cabo Drilling Corp | Key Energy Services Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Canada | United States of America |
| City | West Valley | Houston | Houston | New Westminster | Houston |
| State/Province | Utah | Texas | Texas | British Columbia | Texas |
| No. of Employees | - | 2,396 | 6,399 | - | 2,000 |
| Entity Type | Private | Private | Private | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John Barbagallo | Chairman | Executive Board | 2024 | - |
| Cary Baetz | Chief Financial Officer | Senior Management | 2024 | - |
| Denis Despres | Chief Executive Officer - Drilling Services; Chief Operating Officer | Senior Management | 2023 | - |
| Annelie Lundstrom | Chief Executive Officer - Veracio | Senior Management | 2024 | - |
| Ermanno Simonutti | Chief Executive Officer - Drilling Products | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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