What Happened
Austrian Aerospace Supplier Expands Site Amid Strong Demand
FACC AG, an Upper Austrian aerospace supplier, has reported an increase in revenue and operating profit in the first half of 2026, driven by strong global demand for commercial aircraft. The company’s group revenue rose by 8.6% to €526.3 million, while operating profit before interest and taxes improved by 38% to €25.3 million. FACC AG has also announced a €120 million investment in a new plant at its St. Martin site, aiming to exceed €1 billion in annual revenue for the first time. This development was reported by Aviation.Direct.