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
Waste-to-energy plant Waste-to-energy plant A waste-to-energy plant is a waste management facility that combusts wastes to produce electricity. This type of power plant is sometimes called a trash-to-energy, municipal waste incineration, energy recovery, or resource recovery plant. Modern waste-to-energy plants are very different from the trash incinerators that were commonly used until a few decades ago. Unlike modern ones, those plants usually did not remove hazardous or recyclable materials before burning. These incinerators endangered the health of the plant workers and the nearby residents, and most of them did not generate electricity. Waste-to-energy generation is being increasingly looked at as a potential