Austrian composites specialist FACC has opened a research and testing facility at its headquarters in Ried.
The component manufacturer has invested around €22 million ($30 million) in building the facility, on which work began in mid-2012.
Around 500 staff will be located in the four-storey building, in which the engineering divisions for aerostructures and interior components are being component, having previously been at separate sites.
The testing division was set up as a standalone company in July to focus on other industries, such as the automotive and energy sectors. It is jointly owned with local minority shareholder Techno-Z Ried and has 37 employees.
Research and development investment increased 37% to nearly €97 million in 2012 and is set to keep rising, says FACC, which is majority-owned by Chinese airframer Xian Aircraft.
FACC’s workforce meanwhile grew around a fifth to 2,400 staff members last year, with another 100 due to be added in the current financial year, adds the manufacturer.