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Despite this, job perspectives in this sector are good. Production increased by 8% in 2005 and should continue to grow on average by 5% until 2010. Employment is expected to rise by 2.1% per year, more than 50% higher than the average rate of increase to reach a total of 57,000 employees. Even though Bombardier has abandoned its Series C project and moved its operations of electric wiring assembly for its planes to Mexico, the Quebec company is currently experiencing a lot of success in its business planes, which is a growth market. Moreover, the International Civil Aviation Organization predicts a two-fold increase in worldwide traffic of air passengers in the next 15 years. In addition, several suppliers of aircraft parts and components (Héroux-Devtek, Pratt & Whitney, Flight Dynamics Corporation) plan to make some investments, creating hundreds of jobs. In the railway parts industry, Bombardier Transport won the contracts to replace the old subway cars in both the Montreal and Chicago subway systems. In the automobile and autoparts industry, several companies (Spectra, Premium, Oerlikon, Dayco, Symphony Industries) have won new contracts which should lead to more jobs in this sector. Even though the Shipbuilding company, MIL Davie in Levis, is in receivership, it will likely be bought by the Norwegian Company, Teco Management, regaining control of five oil drilling rigs, estimated at $750 million, to be delivered by 2008, which will raise the number of jobs from 150 to more than 2,000 people.
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