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 ecology becomes by-products). For example, the Energy E2 Asnæs Power Station produces gypsum as a by-product of the electricity generation process; this gypsum becomes a resource for the BPB Gyproc A/S which produces plasterboards. This is one example of a system inspired by the biosphere-technosphere metaphor: in ecosystems, the waste from one organism is used as inputs to other organisms; in industrial systems, waste from a company is used as a resource by others. Apart from the direct benefit of incorporating waste into the loop, the use of an eco-industrial park can be a means of making renewable energy generating plants,