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Upper Austria's aerospace supplier, the FACC, receives a major new order from Airbus, which will create more than 100 new jobs. FACC will now also manufacture the entry of the A320 fleet of the European aircraft manufacturer. The value of the order is greater than 230 million euros. At the same time, investments are being made in a new production line, the FACC announced Tuesday.
Since 1986, FACC, Upper Austria's aeronautical supplier, provides roof racks and ceiling panels to the Airbus aircraft manufacturer. In addition, the entrance area of the entire fleet of Airbus A320 will also be provided by the Upper Austria group. This area includes all of the entrance panels and doors, including the ceiling panels at the front, middle and back of the aircraft.
FACC will introduce new technology by building a new, highly automated production line. It will also create more than a hundred new jobs, says
"We will invest several million euros in the expansion of our production, especially in highly automated technologies, but it is also a commitment to the venue and our team "FACC CEO Robert Machtlinger.
Investors are satisfied with this news. The FACC share rose nearly seven percent on Tuesday morning.
Aircraft Fair in Farnborough: Vertical takeoffs and a fighter jet as a model
(APA)
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