Brief: STS Group Wins Major Contract In North America

STS AG

19/12/2019 16:36

Dec 19 (Reuters) - STS GROUP AG  SF3.DE :
    * STS GROUP AG WINS MAJOR CONTRACT FROM LEADING COMMERCIAL
VEHICLE
MANUFACTURER IN NORTH AMERICA AND PLANS TO BUILD ITS FIRST US
PLANT
    * PROJECT VOLUME IS APPROXIMATELY 230 MEUR WITH A TERM OF
OVER TEN
YEARS
    * START OF PRODUCTION IS SCHEDULED FOR Q2 OF 2021
    * IN THIS CONTEXT, COMPANY PLANS TO ESTABLISH ITS OWN
PRODUCTION
SITE IN STATE OF VIRGINIA

Source text for Eikon:  ID:nEQpx36Ma 
Further company coverage:  SF3.DE 

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