Milwaukee Tool Announces Mississippi Expansion mbtmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mbtmag.com Daily Mail and Mail on Sunday newspapers.
Milwaukee Tool to Expand Corporate Operations into Downtown Milwaukee
Midwestern News Milwaukee Tool to Expand Corporate Operations into Downtown Milwaukee
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Milwaukee Tool is proud to announce the expansion of its corporate operations into downtown Milwaukee, WI.
The company s current global headquarters in Brookfield, WI, will remain the central location for the company s corporate operations. This new expansion will provide increased space to accommodate the company s rapid growth.
Anticipated to open in October, this building will house 1,200 employees within the next three years.
Over the past 10 years we ve grown at an incredible rate, not just across the country and the world, but also at our global headquarters in Wisconsin, said
Done deal: Milwaukee Tool to bring up to 2,000 jobs downtown
Milwaukee Common Council approves expansion Share Updated: 4:03 PM CDT May 4, 2021
Done deal: Milwaukee Tool to bring up to 2,000 jobs downtown
Milwaukee Common Council approves expansion Share Updated: 4:03 PM CDT May 4, 2021
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Show Transcript CAROLINE: THAT’S RIGHT. THE CITY WOULD BE COVERING ITS EXPENSES THROUGH TAX INCREMENTAL FINANCING. THIS WOULD BE AN EXPANSION PROJECT FOR MILWAUKEE TOOL. THE BUILDING BEHIND ME SAT VACANT FOR YEARS, AND MOST RECENTLY, IT WAS WHERE BALLOTS WERE COUNTED FOR THE GENERAL ELECTION. MILWAUKEE TOOL PRODUCTS ARE ALL OVER THE CITY IN STORES LIKE BLIFFERT LUMBER IN RIVERWEST. BUT THE COMPANY ITSELF HASN’T BEEN LOCATED IN MILWAUKEE SINCE ITS HEADQUARTERS MOVED TO BROOKFIELD IN 1965. NOW, A TENTATIVE DEAL BETWEEN THE RAPIDLY GROWING COMPANY AND THE CITY COULD CHANGE THAT. BEING DOWNTOWN IS AN ATTRACTION THAT SIMPLY JUST ISN’T THE SAM
The expansion will create more than 1,200 new jobs.
Milwaukee Tool, Milwaukee, Wisconsin, will expand its footprint in the United States with the announcement of a new manufacturing facility in Grenada, Mississippi. Anticipated to open in late 2022, this new facility will accommodate increased capacity for the company’s growing power tool accessories and power tool business. With this facility, Milwaukee has committed to creating 1,200 jobs in the region.
Milwaukee will invest $60 million in advanced technology and manufacturing equipment to support the operation of their new 500,000-square-foot manufacturing facility in Grenada. During the last decade, the company has grown their employee headcount in the state from 526 in 2010, to more than 2,343 in 2020. Of the 1,200 overall jobs Milwaukee will bring into the region, 800 of these jobs will reside in the new Grenada facility and the remaining 400 will reside across their existing Mississippi locations.
Milwaukee Tool to Expand Manufacturing Presence in MS, Creating Over 1,200 New Jobs cbs58.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbs58.com Daily Mail and Mail on Sunday newspapers.