Stiebel Eltron Inc. Overview
Company Headquarters: US
Founded: 1924
Workforce: ~3,500
Company Working: Stiebel Eltron Inc. is primarily engaged in providing high quality, well-engineered heating devices. Initially, it was involved in manufacturing electric water heaters, especially for the market in Germany. The company not only sells its products directly but also through plumbing and electrical representatives in the US, Canada, Latin America, and the Caribbean. Its products segment includes water heating, renewables, heating devices, and hand dryers. The heating segment offers wall-mounted electric fan heaters and infrared heaters, which are capable of heating indoor as well as outdoor spaces.
The sales and service headquarters of Stiebel Eltron Inc. for the western hemisphere is located in the US, which has maintained a sales, service, distribution, and spare parts facility since 1980. Additionally, it has manufacturing facilities in Germany, Sweden, Slovakia, Thailand, and China.
Strategy
Stiebel Eltron Inc. focuses on introducing innovative products and improving its existing product line to gain a larger customer base. It strategizes to create energy-efficient products that are reliable and fulfill the highest performance standards. Moreover, the company emphases on expanding its presence, especially in the electric wall heater market in Europe to strengthen its core businesses.
