# 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.

- Type: Contract
- Announced: 2019-12-19
- Where: Virginia, United States
- Value: $255.0M (230.0M EUR)
- Status: announced
- Products: truck roof systems made of fiber-reinforced plastic SMC
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [STS Group](https://endata.com/companies/31605.md) (supplier)

## Sources

- [centralcharts.com](https://www.centralcharts.com/en/657450-sts-group-ago-n/news/2429534-dgap-adhoc-sts-group-ag-wins-major-contract-from-leading-commercial-vehicle-manufacturer-in-north-america-and-plans-to-build-its-first-us-plant), 2019-12-19: "STS Group AG wins major contract from leading commercial vehicle manufacturer in North America and plans to build its first US plant"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.