Milwaukee Tool, with support from the Wisconsin Economic Development Corporation (WEDC), plans to invest $42 million to expand its operations in Menomonee Falls. The project will be supported by up to $4.5 million in performance-based enterprise zone tax credits from WEDC.
The company purchased a 22-acre property at 100 Heritage Reserve late last year. Over the next several years, the expansion is expected to create about 300 new high-skill jobs, adding to Milwaukee Tool’s growing presence in southeastern Wisconsin.
Since launching its first major partnership with WEDC in 2016, Milwaukee Tool has received more than $75 million in enterprise zone tax incentives. In return, it has invested over $420 million in capital projects across Wisconsin and expanded its state workforce from about 900 employees in 2016 to more than 4,000 today. The company operates additional facilities in Brookfield, Milwaukee, West Bend, Mukwonago, and Sun Prairie.
Founded in Milwaukee in 1924, Milwaukee Tool develops professional power tools, hand tools, and accessories for construction trades. Now a subsidiary of Techtronic Industries (TTI), the company is known for introducing innovations such as the first adjustable-handle circular saw and for advancing lithium-ion battery technology for cordless tools. Headquartered in Brookfield, it manufactures products globally and serves professional users across trades including plumbing, electrical, and HVAC.
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