FACC Settles Austria Deal, Expanding with 300 Jobs

Austrian aerospace supplier FACC is embarking on a significant expansion, investing €120 million in a new plant in St. Martin im Innkreis and creating 300 new jobs. This move underscores the company’s continued growth and commitment to bolstering its position within the aerospace industry.

The investment will primarily focus on increasing production capacity and fostering innovation, specifically targeting the growing demand for composite materials used in aircraft construction. FACC’s strategic location in the Innviertel region, coupled with its successful reconciliation of operations with its Austrian base, has proven a key competitive advantage. This expansion is expected to significantly contribute to FACC’s projected €1 billion revenue target for the year and further solidify its role as a leading Austrian aerospace manufacturer. The new facility will also incorporate advanced technologies, aiming to drive advancements in lightweight materials and sustainable aviation solutions.

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