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STS Group wins major contract for truck roof systems and plans US plant in Virginia · Endata

◂ Announcements

Dec 19, 2019CONTRACTVirginia, United States

STS Group wins major contract for truck roof systems and plans US plant in Virginia

STS Group AG has been awarded a contract by a leading commercial vehicle manufacturer to produce complete truck roof systems made of SMC. The project volume is approximately 230 million EUR over ten years, with production start in Q2 2021. The company plans to build its first US plant in Virginia.

Value

$255.0M (230.0M EUR)

Status

Announced

Productstruck roof systems made of fiber-reinforced plastic SMC

CompaniesSTS Group supplier

Sectors#Automotive Components

“STS Group AG wins major contract from leading commercial vehicle manufacturer in North America and plans to build its first US plant”centralcharts.com

1 source
centralcharts.comDGAP-Adhoc: STS Group AG wins major contract from leading commercial vehicle manufacturer in North America and plans to build its first US plantDec 19, 2019

Summarized from public sources; check the original articles before acting on it.

More from STS Group

Jun 29, 2021ACQUISITIONGermany$39.5M
Adler Pelzer completes acquisition of 73.25% stake in STS Group
Adler Pelzer Group acquirer STS Group target marketscreener.com
Apr 8, 2021NEW FACILITYWythe County, Virginia, United States$39.0M120 jobs
STS Group AG to build $39M auto parts plant in Wythe County, Virginia
STS Group Volvo Trucks customer einpresswire.com wytheida.org virginiabusiness.com
Feb 18, 2021ACQUISITION1,870 jobs
Adler Pelzer Group to acquire Faurecia Acoustics and Soft Trims business
Faurecia target Mutares partner just-auto.com nonwovensnews.com affaritaliani.it
Oct 7, 2019CONTRACTChina
STS Group wins order to produce hybrid doors for Chinese EV manufacturer
STS Group supplier mutares.com
Apr 30, 2018ACQUISITIONAustralia
STS Group acquires 100% stake in Refrigeration Engineering International
STS Group acquirer Refrigeration Engineering International target reiprocess.com

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