EANS-News: FACC AG Enters into New Business area Repair and Maintenance (with
photo)
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Company Information
FACC AG is extending its activities in the field of maintenance, repair &
overhaul (MRO) in civil aviation. FACC offers airlines and MRO companies a
tailor-made service for maintenance activities and repairs on components and
systems. For the purpose of expanding the company's global presence in repair
and maintenance, another plant has been established in Wichita/USA in addition
to the main factory in Austria.
FACC has been a leading company specialized in the development and production of
composite components and systems for over 25 years and is now expanding its
range of competencies to include repair and maintenance. The company has thus
become one of the few manufacturers of composite lightweight components in the
aerospace supply industry which also provides MRO services. The long-standing
partnership with the OEMs gives FACC the great advantage over pure service
providers - FACC can rely on the proven performance of the OEM supply chain
performing maintenance services more economically and faster.
The highly efficient infrastructure in Austria and the USA provides the company
with the technical prerequisites for carrying out maintenance activities and
repairs on the structural components of wings, tail units, or engines, as well
as in the aircraft cabin. Apart from the maintenance certifications (Part 145
for EASA, TCCA and FAA) that the company has had for years and the approval
attained last year as a design organization (EASA Part 21-J), FACC provides a
full range of maintenance services together with its extensive component
portfolio. Above and beyond the approved repair limitations, the company is now
also authorized to independently develop and approve design solutions for
repairs and modifications.
"Due to our extensive engineering and manufacturing expertise and longstanding
collaboration with all the major aircraft manufacturers, we are a reliable
partner for airlines and MRO stations when it comes to component maintenance,"
says Walter Stephan, CEO of FACC AG. "As an OEM supplier, we ensure that repair
and maintenance activities are entirely in compliance with our customers'
requirements. The use of designs, specifications, and tools of the original
component, along with the availability of replacement parts, enables swift
implementation and optimum pricing."
The new subsidiary in Wichita, FACC Solutions Inc., started operations in 2014.
The company is another building block in FACC's strategy of expanding its global
presence and providing services close to the customer. Through this expansion,
the capacity for maintenance services and repair activities is enhanced enabling
increased efficiency and cost optimization on the one hand, while ensuring quick
customer service of a high quality on the other.
"With the growing use of composite materials in aircraft construction, the
demand for well qualified, highly efficient maintenance organizations is
increasing in the USA. With the investments made and the network of FACC AG as
its parent company, FACC Solutions Inc. has created an excellent position for
itself in this market," says Dean Poor, President of FACC Solutions Inc.
"Proximity to the customer, a high level of quality, reliability, and short lead
times are the prerequisites for successful positioning in this expanding
market."
The latest component repairs brochure provides a comprehensive overview of all
the services offered. The digital edition of this brochure is available to
download athttp://www.facc.com/en/Services/Maintenance.
About FACC
FACC AG is one of the world's leading companies in the design, development, and
production of advanced, fiber-reinforced composite components and systems for
the aviation industry. Their range of products extends from structural
components for the fuselage and wings to engine components and complete
passenger cabins for commercial aircraft, business jets, and helicopters. FACC
produces parts for all the major aircraft manufacturers, such as Airbus, Boeing,
Bombardier, Embraer, Sukhoi, and COMAC, as well as for engine manufacturers and
subcontractors to the aircraft manufacturers. In the 2013/14 financial year,
FACC achieved annual sales of 547.4 million euros. The company employs a
workforce of over 3,100 employees worldwide. Further information can be found at
www.facc.com.
Pictures with Announcement:
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Further inquiry note:
Investor Relations:
Manual Taverne
Director Investor Relations
Mobil: 0664/801192819
E-Mail: m.taverne@facc.com
Presse:
Andrea Schachinger
Corporate Communication
Tel: 059/616-1194
E-Mail: a.schachinger@facc.com
end of announcement euro adhoc
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Pictures with Announcement:
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company: FACC AG
Fischerstraße 9
A-4910 Ried im Innkreis
phone: +43/59/616-0
FAX: +43/59/616-81000
mail: office@facc.com
WWW: www.facc.com
sector: Industrial Components
ISIN: AT00000FACC2
indexes:
stockmarkets: Regulated free trade: Wien
language: English
