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Global drilling services firm to move more production to Poland


Boart Longyear, a leading global provider of mineral exploration drilling services and products, on 19 November announced that it will move manufacturing operations from Perth in Australia to its facility in Katy Wroclawskie (Dolnoslaskie voivodship) and other locations, as part of a cost-cutting drive expected to bring savings of $70m (approx. €55m) annually.

The company has been hit by a slowdown in the global mining industry, and while revenues have stabilised, it is cutting staff levels and other costs to protect margins.

The Salt Lake City-based, Sydney-listed company conducts contract drilling services in more than 40 countries and provides mining products to customers in over 100 countries.

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