Boart Longyear John Hoffmeister as president and chairman of the board of the company. FACTS was dissolved when Boart International (a wholly owned subsidiary of Anglo American) bought out CDP's interest in Longyear. In 1974, Boart International invested capital which helped Longyear to become the world's leading manufacturer of diamond bits. Boart Longyear engineers in North Bay, Ontario, secured a reliable source of high-performance synthetic diamonds, which triggered the development of a new bit design – the impregnated-diamond bit. With decades of powder metallurgy experience behind them, Longyear engineers set out to develop a new crown that consisted of synthetic diamonds evenly
Industrial waste Industrial waste Industrial waste is the waste produced by industrial activity which includes any material that is rendered useless during a manufacturing process such as that of factories, industries, mills, and mining operations. It has existed since the start of the Industrial Revolution. Some examples of industrial wastes are chemical solvents, pigments, sludge, metals, ash, paints, sandpaper, paper products, industrial by-products, and radioactive wastes. Toxic waste, chemical waste, industrial solid waste and municipal solid waste are designations of industrial wastes. Sewage treatment plants can treat some industrial wastes, i.e. those consisting of conventional pollutants such as biochemical oxygen demand (BOD).