MENOMONEE FALLS — Milwaukee Tool announced they will be expanding and investing $100 million in Menomonee Falls, in addition to creating 870 jobs by 2025.
Governor Tony Evers with senior leaders of Milwaukee Tool, local government officials, and regional economic development officials announced Tuesday that Milwaukee Tool will be expanding and creating a new facility in Menomonee Falls.
In a news release, Evers says the company will be expanding its Imperial Blades manufacturing operation in Sun Prairie. This expansion will lead to the creation of 870 new jobs by 2025 and a $100 million investment into Menomonee Falls. Also, Milwaukee Tool will be investing $7.5 million to expand its Sun Prairie location.
This new site will complement the Milwaukee Tool headquarters located in Brookfield.
"Our state is extremely grateful that Milwaukee Tool continues to expand and invest in Wisconsin," said Gov. Evers. "From the company’s name to the quality of its tools, Milwaukee Tool demonstrates that Wisconsin products – and Wisconsin workers – are the best not only in the nation but in the world."
The new location in Menomonee Falls will "give the company flexibility to continue to expand, grow, and consolidate operations in the area," according to the news release. The new campus will be located on North Flint Drive.
This new land is adjacent to a building that Milwaukee Tool recently purchased and is remodeling, as well as a new plot of land in the same area. As stated in the release, "The entire area will support Milwaukee Tool’s continued growth and deliver a world-class work environment to attract, retain, and recruit the best talent in the world."
Since 2016, Milwaukee Tool has worked to create more Wisconsin jobs. They pledged to create up to 1,812 new jobs and invest $174.5 million in capital expenditures over five years. If they meet these goals, Milwaukee Tool will be awarded up to $46 million in tax incentives.