Stiebel Eltron Investing €450 Million to Quadruple Its HP Production
2023-07-03
German heat pump specialist Stiebel Eltron will expand the number of jobs at its main plant in Holzminden to around 1,200 by 2027. In addition, the production area for heat pump heating systems will be expanded to the size of four football pitches – the company is investing €450 million (about US$ 483 million) in the Lower Saxony headquarter for this purpose.
