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In $20 million deal with city, Milwaukee Tool could expand to downtown office by October

In $20 million deal with city, Milwaukee Tool could expand to downtown office by October In the agreement, the city would provide $20 million in cash grants if Milwaukee Tool brings in 2,000 jobs Share Updated: 10:43 PM CDT Apr 27, 2021 In $20 million deal with city, Milwaukee Tool could expand to downtown office by October In the agreement, the city would provide $20 million in cash grants if Milwaukee Tool brings in 2,000 jobs Share Updated: 10:43 PM CDT Apr 27, 2021 Hide Transcript 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 M

Be MKE: Cardi B v. Glenn Grothman and Milwaukee Film Festival

Do any of you read what I write up here before getting into the news? LMK.  The big deals this week: Weddings are back this summer, Milwaukee Film Festival and what happened with U.S. Rep. Glenn Grothman and a rap star.  Let s talk business Milwaukee Tool s new downtown office is still in play. The City of Milwaukee s plan to give the company up to $20 million in financing for the new office passed through the Common Council s Zoning, Neighborhoods and Development Committee. Organized labor groups want the proposal to include a side agreement that sets wages, benefits and working conditions for janitors and other employees of outside vendors. Mayor Tom Barrett seems worried. He urged the council to approve the plan for an office with up to 2,000 employees.  Pushing Milwaukee Tool away would be a serious mistake and a major disappointment, Barrett wrote in a letter. The full council is set to review the proposal next Tuesday.

City financing plan proceeds for Milwaukee Tool's downtown office

A plan to provide up to $20 million in city financing for Milwaukee Tool s new downtown office, which could have up to 2,000 employees, received another important public approval Tuesday. But, for the second time in two weeks, that came only after organized labor groups said the financing proposal should include a side agreement on wages, benefits and working conditions for janitors and other employees of outside vendors at the future office. The Common Council s Zoning, Neighborhoods and Development Committee voted 4-0, with Ald. Milele Coggs abstaining, to recommend approval of the proposal. The full council is to review the proposal at its May 4 meeting. 

City's plan proceeds to give up to $20 million to Milwaukee Tool for its new downtown office. It could have up to 2,000 employees.

City s plan proceeds to give up to $20 million to Milwaukee Tool for its new downtown office. It could have up to 2,000 employees. Tom Daykin, Milwaukee Journal Sentinel © Stephen Perry Smith A city financing proposal for Milwaukee Tool s downtown office had its initial public hearing Thursday. It will need Common Council approval. A plan to provide up to $20 million in city financing for Milwaukee Tool s new downtown office, which could have up to 2,000 employees, received another important public approval Tuesday. Popular Searches But, for the second time in two weeks, that came only after organized labor groups said the financing proposal should include a side agreement on wages, benefits and working conditions for janitors and other employees of outside vendors at the future office.

Milwaukee Tool deal with city 'in trouble' at Common Council - Milwaukee Business Journal