Monday, 24. November 2014
21. 11. 12. - 10:00
Gun maker Glock based at Ferlach in Carinthia in Austria is to invest 42 million euros in its operation there - and at the same time take on an additional 40 staff to meet demand.
The move was announced during a local government meeting by the regional governor Gerhard Dörfler (FPK) which said they would be making grants of 1.7 million euros towards the expansion.
The 40 extra jobs will be in addition to the 330 already employed at Ferlach and order books are reportedly full.
The Glock pistol is a series of semi-automatic weapons originally designed for the Austrian army.
The company's founder, engineer Gaston Glock, had no experience with firearm design or manufacture at the time their first pistol, the Glock 17, was being prototyped. Glock did, however, have extensive experience in advanced synthetic polymers, knowledge of which was instrumental in the company's design of the first successful line of pistols with a polymer frame.
Despite initial resistance from the market to accept a "plastic gun" due to durability and reliability concerns, Glock pistols have become the company's most profitable line of products, commanding 65% of the market share of handguns for United States law enforcement agencies as well as supplying numerous national armed forces and security agencies worldwide.
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