BROOKFIELD -- Within the next five years, Milwaukee Electric Tool is adding nearly 600 jobs and housing employees in a $35 million, 200,000 square-foot building at its headquarters in Brookfield.
Governor Scott Walker, who attended the groundbreaking ceremony Monday, calls this a a big step forward for the company but also for the state of Wisconsin in its effort to create jobs with high paying salaries and attract corporate executives to the badger state
"The beautiful part about it, it's not just 592 new jobs," Walker said. "The majority of jobs that will be part of this expansion are in engineering and marketing, and the average annual pay for those are about $75,000. So these are good paying careers."
The corporation gets an $18 million income tax credit that is earned though capital investment, employee retention and hiring.