Boart Longyear Longyear, which eventually became Boart Longyear. He drilled his first diamond drill core hole in 1890 in northern Minnesota. Longyear's company developed the wire-line retrieved Q core barrel. Longyear was inducted into the National Mining Hall of Fame in Leadville, Colo in 1990. On March 1, 2016, Mr. Jeffrey Olsen was appointed President and Chief Executive Officer of Boart Longyear. He joined the company as the Chief Financial Officer in March 2014. Boart Longyear conducts contract drilling services in more than 40 countries, and provides mining products to customers in over 100 countries. Boart Longyear Boart Longyear is a global
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