STIHL increases share of overall sales from battery products
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There's demand for sustainable energy sources amidst climate change challenges.
Stihl Inc., a major employer in Virginia Beach, will be headed by new leadership, the company said Friday. Chris Keffer, the company’s senior vice president of sales and marketing, was promoted to president and CEO, effective Aug. 4, according to a news release. Terry Horan, who previously worked in that role since April last year, will serve on the board. The manufacturer of gasoline-powered ...
The manufacturer of gasoline-powered handheld outdoor equipment has maintained operations in Virginia Beach since 1974.
Waiblingen, Germany - The STIHL Group finished the challenging fiscal year 2022 with record-breaking revenue of 5.5 billion euros, equating to growth of 8.6 percent compared to the previous year. As an international business, the company generated 90 percent of its revenue outside its domestic market of Germany. The rise was attributable in particular to currency effects, inflation-related price adjustments, and stronger demand for higher-price professional products.