Virginia tops North Carolina for two projects, 275 jobs amid economic-development battle bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
April 9, 2021
RICHMOND April 8, 2021 Governor Ralph Northam today announced that STS Group AG, a 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.
“The presence of STS Group North America in Wythe County will go a long way toward strengthening Virginia’s growing automotive manufacturing sector,” said Governor Northam. “This is just the latest example of an international company selecting our Commonwealth as the ideal location to do business, thanks to our competitive operating costs, world-class workforce, and outstanding quality of
Biz Talk: AED Launches Tool to Help Businesses Establish or Expand Operations arlnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arlnow.com Daily Mail and Mail on Sunday newspapers.