RICHMOND—Governor Ralph Northam today announced that STS Group AG, a leading global system supplier of interior and exterior parts for commercial vehicles, will invest $39 million to establish its first U.S. manufacturing operation in Wythe County’s Progress Park. The new facility, operating as subsidiary STS Group North America, will supply Volvo Trucks in Pulaski County and other truck and automotive facilities throughout the Midwest and Southeastern U.S. markets. Virginia successfully competed with North Carolina for the project, which will create 120 new jobs. Click on link below for full press release.
