STS Group AG, a manufacturing automotive company, is coming to Salem and is expected to bring 119 jobs. Gov Glenn Youngkin announced that the company is investing $32 million in the former General Electric building where it will house its North American headquarters and manufacturing operation.
STS Group AG is a leading global supplier of interior and exterior parts for commercial and personal vehicles. The Salem location will be its first in the US.
The Roanoke Regional Partnership said the group's presence contributed to the region's strong automatic manufacturing cluster, and the new facility will supply commercial truck assembly operations by Volvo Trucks in Pulaski County as well as other truck and automotive facilities throughout the Midwest and Southeastern US markets.
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