FACC - New growth opportunities as market recovers
FACC is a market leader in lightweight composite materials for the aerospace industry and is well placed to benefit as the civil aircraft market recovers. The company is focused on delivering improved margins as volumes ramp back up across its product segments, supported by strong positions on leading new aircraft programmes and its clear technological edge. In addition, FACC is to develop the growing new market potentials such as unmanned air mobility and space where applying its technologies can add value to the development of new products.FACC AG is an Austria-based company engaged in the aerospace and defense industry. The Company specializes in the manufacture of aircraft parts and components. It divides its business into three divisions: Aerostructures, Engines & Nacelles, and Interior. The Aerostructures division covers control surfaces, fairings and wing components. The Engines & Nacelles division provides engine and nacelles components. The Interior division offers interior design services for commercial aircraft, business jets/private jets, freighters and helicopters. The Company's services range from on-site support with field engineering, spares service, and repairs to assembly training of customer staff for components and systems delivered by the Company. The Company's products are manufactured at four production sites in Austria.
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