The international aerospace group FACC is harnessing the positive developments on the global aircraft market for systematic growth: demand is on the rise, and a noticeable increase in sales is on the horizon for 2022. The high-tech group is therefore adding more than 200 new employees to its workforce and launching an investment initiative totaling EUR 150 million.
The aviation industry is currently experiencing an upswing - airlines are starting to expand their fleets again, and the positive industry trend is significantly stronger in some areas than recently forecast. FACC is consistently taking advantage of these opportunities: the aerospace company, which boasts major aircraft manufacturers such as Airbus, Boeing, Embraer, Bombardier, Rolls Royce and Pratt & Whitney among its customers, expects significant sales growth in 2022, and is pursuing a consistent expansion strategy for the coming years.
Robert Machtlinger, CEO of FACC AG commented. "Last year alone, we were able to secure new contracts worth more than EUR 1 billion. We are also focusing on a long-term growth strategy for the future, and are now launching an employment and investment initiative,” continues Machtlinger.
More than 200 new members of staff
FACC is hiring more than 200 new employees at its Upper Austrian locations. The focus of the newly created jobs is on production. The company seeks to fill vacancies in the areas of IT, digitalization, innovation management and automation, with recruitment already underway.
Investment volume of EUR 150 million over the next five years
In addition, FACC has agreed on a comprehensive investment package for the next five years. A total of EUR 150 million are to be invested in the following three areas:
1. New projects
2. Strong expansion of research & development for consistent sustainability and increasing competitive strength
FACC is working intensively on new materials and production technologies. Here, two major goals go hand in hand: consistent sustainability and steadily increasing competitive strength:
3. Expansion of production facilities
In the past year, FACC AG concluded contracts in excess of EUR 1 billion with its customers. To get equipped for the future, the aviation group will be expanding its production facilities with next-generation technology and building new, highly automated plants.
With its recently launched employment and investment initiative, FACC is taking clear steps towards sustained growth in the coming years. By 2030, FACC aims to establish itself among the top 50 aerospace groups worldwide; it is currently among the top 100. “Committed to the sky - at all levels” is the order of the day.
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