Milwaukee Tool will begin construction on another major expansion of its Global Headquarters Campus in Brookfield, Wis. With a total investment of $32million, the new advanced manufacturing and R&D facility is expected to create 350 new jobs.
This newest expansion will house the company’s advanced manufacturing, engineering and global research and development center, occupying a 3.5-acre site on the company’s Global Headquarters Campus. The 114,500 sq.-ft., multi-story building starts construction in Q3 and is expected to be completed by Q4 of 2019, bringing its global headquarter space from 390,000 sq. ft. to an approximate 504,500 sq. ft.
“When you look at the growth our company has achieved in the last decade, the catalyst for our success has been, and will always be, our people. The drive, determination, and obsession of our employees has enabled us to continue delivering disruptive innovation for the professional trades and our distribution partners,” says Steve Richman, Milwaukee Tool group president. “Our newest expansion will help us continue to grow a world-class work environment that will attract, recruit and retain the best talent in the world.”
Milwaukee Tool has sustained organic double-digit growth throughout the last decade. This growth is driven by its people, the company’s focus on the professional trades and its developments in cordless technology, advanced accessory engineering and innovative hand tool and storage solutions, according to an announcement.
Over the last decade Milwaukee Tool has continued to invest in its national growth, making more than $190 million in capital investments in the U.S., including $33.4 million in manufacturing, tripling the workforce at its Global Headquarters Campus and growing its base of 3,500 employees nationwide.