Boart Longyear Ltd - Company Profile
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Boart Longyear Ltd (Boart Longyear) is a provider of drilling services, drilling equipment, and performance tooling for mining and drilling companies globally. Focus on the Global Drilling Services segment, improved operational performance, and intellectual property base are its strengths, even as safety issues could remain a cause for concern to the company. Nevertheless, manufacturing production sector in the US, launch of new products and growing global production of gold may provide adequate new growth opportunities for the company. However, foreign currency fluctuations, increase in manpower costs in the US and market risks could affect its operations.
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