FACC Investment Drive on Schedule

December 04 2017

The forecasts for the aerospace industry promise a steady growth in passenger volumes. Accordingly, more than 41,000 aircraft are needed by the year 2036. FACC AG will greatly benefit from these developments and started the next expansion level in the middle of the financial year.

“Today, we are investing into the future of tomorrow. Within the scope of a large-scale investment program we will spend up to 100 million euros in the next three years”, says FACC CEO Robert Machtlinger. “This move is our response to the strong worldwide growth in aviation and will prepare us for new technologies and trends.”

The technology company has an order level of more than five billion USD, existing capacities will be fully stretched for the next seven years, new projects are in the pipeline, and customers confirm the gradual increase of production rates. Therefore, FACC is extending its capacities for the production of lightweight components for the aerospace industry and investing into new products, technologies, and processes, with the main focus being on the Upper Austrian locations Reichersberg and Ort im Innkreis.

For identifying growth opportunities for ceramics matrix composites in the global aerospace industry, please visit
http://www.lucintel.com/cmc_in_global_aerospace_market_2016.aspx

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