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STIHL to invest $20+ million for new headquarters in Virginia Beach

Governor Terry McAuliffe announced Oct. 17 that STIHL Inc., the manufacturer of the number one selling brand of chainsaws in the world and a full line of outdoor power tools, will invest over $20 million to expand its headquarters operation in the City of Virginia Beach.

The company will construct a state-of-the-art, 80,000-square-foot administration facility, which will combine the finance & controlling, sales & marketing, legal, and customer & technical service teams under one roof, as well as add a new museum and brand experience center.

Governor McAuliffe met with STIHL leadership in Germany during a trade and marketing mission to Europe in June to thank STIHL for its existing business and jobs in Virginia and encourage the company to make new investments.

“STIHL Inc. has been an important corporate partner to Virginia Beach and the Commonwealth for over 40 years, and it is a powerful testament to our talent pipeline and competitive business climate for this global company to again reinvest in Virginia,” McAuliffe was quoted as saying in a news release.

.“Employing nearly 2,000 at its headquarters operation, STIHL Inc. has had a tremendous impact on the Hampton Roads region’s economy. We look forward to the company’s continued success in its next chapter of growth, and thank STIHL for its major contribution to our efforts to diversify and build the new Virginia economy.”

STIHL Inc., headquarters for U.S. operations of the worldwide STIHL Group, manufactures the number one selling brand of gasoline-powered handheld outdoor power equipment in America, as well as the number one selling brand of chain saws in the world. STIHL is also the number one selling brand of gasoline-powered handheld outdoor power equipment among U.S. landscape professionals. STIHL products are sold through servicing power equipment retailers from coast to coast – not big box stores. STIHL Inc. exports to 90+ countries around the world; and the majority of STIHL products sold in America are also built in America. STIHL products sold through U.S. STIHL dealers are for distribution in the United States only.

“The Commonwealth is one of the most desirable places for business in the world, as evidenced by STIHL’s decision to expand again its U.S. headquarters in Virginia Beach,” Secretary of Commerce and Trade Todd Haymore was quoted as saying.

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