Power tool manufacturer Milwaukee Tool will expand its corporate operations into downtown Milwaukee, Wisconsin. The company is expected to hire 1,200 employees within the next 3 years with an option to expand the office space by adding 150,000-square-feet, for up to an additional 790 employees.
Milwaukee will invest more than $30 million to purchase and renovate a vacant 333,000-square-foot building in downtown. This building will act as an extension of the company's global headquarters in Brookfield, which will remain the central location for the company's corporate operations.
"Over the past ten years we've grown at an incredible rate, not just across the country and the world, but also at our global headquarters in Wisconsin. By extending our corporate presence into downtown Milwaukee, we are poised for continued growth. As one of the largest employers in Southeastern Wisconsin, we're thrilled to expand our presence in the city, as we continue to attract, retain, and recruit from a diverse pool of local talent," said Steve Richman, Milwaukee Tool Group President.
In 2017, Milwaukee Tool completed construction and took occupancy of a new 200,000-square-foot, four-story office building on the same campus, and took occupancy of an additional 116,300-square-foot building in January 2020. With a recent announcement of a new campus in Menomonee Falls, a West Bend-based manufacturing plant, and this new expansion into downtown Milwaukee, the company is positioned to stay in the heart of Wisconsin long-term.
“While U.S. manufacturing and distribution are an integral part of Milwaukee Tool's global footprint, the disruptive innovation for the trades all starts at the Global Headquarters in Southeastern Wisconsin, company officials explained. “Over the last decade, the company redeveloped 190,000-square-feet of space in Brookfield to accommodate research and development, product development, proto-typing, packaging design, marketing, sales, training facilities, and administrative offices."
In the last five years, Milwaukee has invested $368 million in domestic expansion projects and now employs more than 5,900 people in the U.S. Currently, the company has manufacturing, distribution, and operations presences around the nation in Greenwood, Grenada, Olive Branch, and Jackson, MS, as well as in Brookfield, Menomonee Falls, Mukwonago, and Sun Prairie, Wisconsin, and Greenwood, Indiana. By the end of 2021, the company will have over 3,100 employees located in Wisconsin.