Boart Longyear diamond drilling firm; Brainard-Kilman, a maker of civil engineering devices, such as well monitoring and test equipment; and ChemGrout a mfg of cement grouting equipment. Longyear acquired Slope Indicator Company, the nation's largest producer of geotechnical instruments, and Northern Air Supply in 1988, followed by the Campbell Pacific Division in 1989 and WTD Environmental Drilling in 1990. Then in 1994, North Star Drilling Company, specializing in sonic drilling was acquired. On January 2, 1995, Boart International and the Longyear Company officially merged into a single company and changed its name to Boart Longyear Limited. At this point the two companies
Inferior good slower and cheaper than buses, so rail travel is an inferior good. Certain financial services, including payday lending, are inferior goods. Such financial services are generally marketed to persons with low incomes. People with middle or higher incomes can typically use credit cards that have better terms of payment or bank loans for higher volumes and much lower rates of interest. Inexpensive foods like instant noodles, bologna, pizza, hamburger, mass-market beer, frozen dinners, and canned goods are additional examples of inferior goods. As incomes rise, one tends to purchase more expensive, appealing or nutritious foods. Likewise, goods and services used