The latest industrial goods industry and company news and analysis from FriedlNews
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Austrian Industrial Goods Headlines

Tojner’s Universal Alloy Corporation Lands Huge Deal from Boeing

Austrian investor Michael Tojner’s Universal Alloy Corporation (UAC) has secured a large deal from Boeing. As of 2016 the company, which operates firms in Austria, Switzerland, Romania and the USA, will supply aluminium parts to the aviation group.

April 20, 2015

Montana Tech Posted Higher Revenue and Profit in 2014

Industrial group Montana Tech Components AG (MTC Group), listed in Switzerland, owned by Austrian investor Michael Tojner, improved its revenue by 12.9 percent y/y to EUR 591 million (USD 639.4 million), while the profit climbed by 58.4 percent to EUR 37.3 million. Acquisitions contributed additionally to the company’s growth last year.

April 20, 2015

RHI to Invest EUR 18 Million in Veitsch by 2016

The refractories group RHI AG will continue the series of investments in its plant in Veitsch started in 2013: by 2016 about EUR 18 million will be invested.

April 17, 2015

Corrugated Board Branch Raised Sales and Production in 2014

The Austrian corrugated board branch profits from the growth of online trade and managed to raise sales and production last year.

April 17, 2015

Lenzing Sells Subsidiaries Dolan and European Carbon Fiber

The Lenzing Group has sold of its fully owned German subsidiary Dolan GmbH, Kelheim and its 91.1% stake in European Carbon Fiber GmbH, Kelheim to WHEB Partners’ Growth Fund 2 of England and Jan Verdenhalven.

April 15, 2015

Aircraft Component Maker FACC Moves Operations Partially to the US

FACC AG has established an additional plant in Wichita/USA for the purpose of expanding the company's global presence in repair and maintenance.

April 13, 2015

Primetals Technologies Lands Multi-Million Order From Italy

Primetals Technologies, a joint venture of Siemens and Mitsubishi Heavy Industries around the former Voestalpine Industrieanlagenbau (VAI) has landed an order worth a few dozen million Euros.

April 9, 2015

Tetra Pak Austria Raised Revenue to EUR 69.7 Million in 2014

The Austrian subsidiary of Tetra Pak, the packaging group, increased its revenue to EUR 69.7 million (USD 75.7 million) (from EUR 65.4 million in 2013). Meanwhile the Lund, Sweden, and Lausanne, Switzerland based group generated its total revenue by 1.7 percent y/y to EUR 10.9 billion.

April 8, 2015

CD Maker Sony DADC Lays Off 30 Employees

Salzburg-based CD maker Sony DADC (Sony Digital Audio Disc Corporation) is bracing itself for another lay-off wave. After the peak season, towards the end of this year, the firm intends to dismiss 30 employees.

March 27, 2015

Cross Industries to be Merged with Brain Force Holding by June

Cross Industries AG of the industrialist Stefan Pierer is supposed to be merged with BF Holding AG, former Brain Force Holding AG already in the first half of 2015.

March 20, 2015