Sandvik Coromant Partners with NAIT to Open Centre for Machinist Technology


Fair Lawn, New Jersey, May 6, 2008 - Sandvik Coromant recently partnered with the Northern Alberta Institute of Technology (NAIT) to develop the NAIT Sandvik Coromant Centre for Machinist Technology in Edmonton, Alberta, Canada.

One of the pre-eminent institutes of technology in Canada, NAIT provides real world education in business, advanced technologies and skilled trades to students in 15 locations across Alberta, Canada and in 23 countries around the world. The institute's new facility is almost three times the size of the old training space and will increase NAIT's apprenticeship training capacity by 60% - from 440 to 660 apprentices per year.

"Sharing knowledge and investing in the future is crucial for our future success," said Ross Carpino, Manager, Sandvik Coromant Canada. "Properly trained and educated people are of great strategic interest for the manufacturing industry all over the globe. By supporting NAIT we will help our customers improve their productivity by increasing their access to more skilled machinists."

"Sandvik Coromant's business philosophy is a good fit with NAIT's approach to learning," said Dr. Sam Shaw, President and CEO of NAIT. "Sandvik Coromant invests considerably each year in research and development to help make its customers more productive and profitable. Using innovation and technology to solve real world problems is exactly what NAIT is trying to foster through applied research."

About Sandvik Coromant
As the world-leading supplier of high quality cutting tools, Sandvik Coromant helps customers think smart, work smart and earn smart. The company provided US customers with $70 million in documented cost savings in 2007. For more information regarding products, applications and services that can help you earn smart, contact Sandvik Coromant Company, 1702 Nevins Road, Fair Lawn, NJ 07410, phone 201.794.5223, fax 201.794.5217 or visit http://www.coromant.sandvik.com/us.

Janae Cummings
Public Relations Associate
dgs Marketing Engineers
317.813.2230 Direct
317.813.2222 Main
317.813.2233 Fax

CONTACT:
Björn Roodzant
201.794.5223
Jim May, dgs
317.813.2226

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