Governor Tony Evers, together with senior leaders of Milwaukee Tool, local government officials, and regional economic development officials, recently announced that the company would be expanding its footprint in southeastern Wisconsin with a new campus in Menomonee Falls.
Milwaukee Tool’s investment will lead to the creation of 870 new jobs by 2025. Milwaukee Tool expects to invest over $100 million to construct and outfit the Menomonee Falls campus, which will complement the company’s current Global Headquarters campus in Brookfield. Milwaukee Tool will also invest $7.5 million to expand its Imperial Blades subsidiary in Sun Prairie...
Ken Notes: I know, old news. But we should really celebrate this new project. I like the numbers here, about 25K per job over time in credits not up front cash, they also got just under 4 million in land for a dollar and an open ended pay as you go developers agreement, so the city is not on the hook for investments. This investment should stay below 10% which is a win win for both the company and the community!
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- - Volume: 8 - WEEK: 3 Date: 1/16/2020 8:43:46 AM -