Stuttgart, Germany: At this year’s AMB exhibition, Sandvik Coromant intends to show how customers and partners can achieve significantly higher productivity levels, more flexible machining processes and more sustainable production under the strapline ‘Shaping the future together’. For instance, the global specialist in cutting tools and tooling systems will be revealing how it is revolutionizing the world of turning, improving the entire manufacturing process with digital connectivity solutions and offering fascinating possibilities for the automotive and aerospace industries.
Montreal, Canada: Aerospace manufacturer Bombardier has announced the addition of 1,000 jobs in Montreal to meet rising demand for its new Global 7000 series.
The manufacturer reported that the series will be the largest purpose-built business jet in the industry, with the longest range and speed, when it enters into service in the second half of 2018— two years behind schedule.
The new plane has a price in the range of US$70 to US$72 million, and the company has said it has orders booked up through 2021.
Chief executive Alain Bellamare said that demand for business jets, after a weak decade, has picked up. The company will work over the next 18 months on the aircraft’s interior, which boasts a kitchen and four distinct living spaces. The new positions come after the company slashed more than 15,000 jobs in its aerospace and rail divisions around the world since 2015.