Key competitive strengths of Boart Longyear’s Products division include its:
- increasingly efficient production underpinned
by expansion of capacity in lower cost
countries;
- product innovation as a result of feedback
and insight into customers’ needs provided
by the Drilling Services division;
- market leading positions. For example Boart
Longyear is the market leader in surface and
underground coring rigs and in sonic drilling
technology; and
- longstanding relationships with blue chip
customers.
At present, the lead time within the industry for non-Boart Longyear manufactured drilling rigs is 6–12 months. However, the Company’s Products division can provide rigs within three months which is a direct result of Boart Longyear’s recent capacity additions.
