FACC Builds R&D Center in Upper Austria

IndustrialsIndustrial Goods ♦ Published: November 18, 2011; 18:34 ♦ (Vindobona)

The Austrian aircraft component manufacturer invests a total of € 54m in the project. Turnover is expected to increase by 20% to € 330m in the current year.

FACC Builds R&D Center in Upper Austria / Picture: © FACC

The Ried-based aircraft supplier FACC on Friday announced details on its investment plans. In the next two years, the company will build a new center for research and development for a total of € 54m.

CEO Walter Stephan and Josef Pühringer, Governor of the province of Upper Austria, together with representatives of UniCredit Bank Austria presented the project in a press…