The story
FAIST Anlagenbau GmbH was founded and incorporated in the trade registry by Michael Faist in 1904. First the company produced products of felt. FAIST was the first company to introduce self-sticking insulation material on the market in 1960. Simultaneously, the manufacturing of multi-layered mats for VW and Daimler-Benz began. 1974 a new product division "FAIST Anlagenbau" was developed. In this division mainly industrial noise reduction enclosures were produced. 1996 the company moved to its own location in Niederraunau (Bavaria) and over the years the company developed to one of the biggest manufacturer of noise control facilities worldwide. Today FAIST is leading the world market in the division of noise control enclosure of print machines. This division contained 20% of the turnover in 2006. Besides acoustic measurement rooms and power plants main business fields of FAIST are aero-acoustic wind tunnels and classical soundproofing measures for printing machines in 2007. On March 31 the most successful business year ended for the company with a turnover of 40.000.000 euro. Majority owner and one of the Managing Directors of FAIST Anlagenbau GmbH is Michael Faist.
From Wikipedia’s article on FAIST Anlagenbau GmbH, shared under CC BY-SA 4.0.4