F. LIST CANADA CORP., a subsidiary of F. LIST GMBH, a global manufacturer of high-class interiors for business and private jets in Austria, will set-up in the Greater Montreal area by opening a new production facility by the end of 2017.

This investment of more than $20 million is expected to create 100 jobs by the year 2020.

"This state-of-the-art facility will bring us closer to our main customers in North America, resulting in shorter production lead-times, faster deliveries and greater flexibility," says Michael Groiss, Chief Executive Officer of F. LIST, based in Thomasberg, Lower Austria. "It will also enable us to provide better on-site support for innovative products delivered from our Austrian plant, while bolstering our aftermarket services for business and executive jets."

The new production plant, which will initially employ 15 specialists, will also house offices, a showroom and a veneer selection area as part of its designation as F. LIST's Veneer Competence Centre for flame retardant wood veneers, key components of its interior finishing business.

"As a major global aerospace centre, Montreal is an ideal location for F. LIST to expand its operations to serve its North American customers," says Hubert Bolduc, President and CEO of Montreal International, noting that major North American aerospace OEMs and Tier 1 integrators are already working with the company. "F. LIST is positioning itself as a technological leader in its sector and Montreal International is very proud that a few years of mutual exchanges led to this decision to select our city for growing its business."

The Montreal subsidiary of F. LIST is one of four located around the world: the other three are in Brazil, United States and Germany.

Greater Montreal is one of the world's three leading aerospace capitals, along with Seattle and Toulouse. The region is home to nearly 200 companies specialized in aerospace that together generate over $15.5 billion (CAN) in sales each year, employ more than 40,000 highly-skilled workers, and account for 55% of Canada's total aerospace production.