SALEM, Va. (WFXR) — The leading global supplier of interior and exterior parts for commercial and personal vehicles, STS Group AG, has announced it is establishing a North American Headquarters in the City of Salem.
The new facility will supply commercial truck assembly operations by Volvo Trucks in Pulaski County and other truck and vehicle facilities throughout the Midwest and Southeastern U.S. markets. After the General Electric plant in Salem closed in late December of 2018, the new facility is now adding 119 job opportunities to the region.
A representative with STS Group AG says the company is working with Phoenix Group, former owners of General Electric, to upfit construction on approximately 200,00 square feet and build an additional 32,000 square-foot to add to the north end part of the building.
“Salem is a perfect base for STS Group to start its footprint in the USA, following existing customers locally and extending the customer portfolio,” said Alberto Buniato, CEO of STS Group.
STS Group has partnered with the City of Salem, Roanoke Regional Partnership, and Virginia Economic Development Partnership in support of the new facility. The company says it has received local assistance in financing and approval of $500,000 from Governor Glenn Youngkin’s grant from the Commonwealth’s Opportunity Fund.
The Roanoke Regional Partnership projects an annual economic impact of $66 million in the Roanoke Region and an additional 61 indirect jobs and induced jobs. The STS Group North America’s job creations will be provided through the Virginia Talent Accelerator Program.
The program assists new facility start-ups through direct recruitment and training services that are customized to the company’s products, equipment, standards, and more.
STS Group is already hiring for the Salem plant and applications can be submitted by visiting the Adler Pelzer Group website.