Milwaukee Tool To Expand Footprint in Wisconsin
Milwaukee Tool is expected to bring an estimated 300 new jobs to its new Menomonee Falls, Wis. facility through a $42 million investment.
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Development of the company’s property at 100 Heritage Reserve, which was acquired late in 2024, will be supported by up to $4.5 million in performance-based Enterprise Tax credits from the Wisconsin Economic Development Coalition.
The company announced its purchase of a 22-acre property at 100 Heritage Reserve late last year. Over the next several years, the expansion is expected to create approximately 300 new high-skill jobs, adding to Milwaukee Tool’s already significant presence in the state.
Enterprise Zone Credits are meant to help Wisconsin business that are creating significant expansion projects or relocating major business operations to Wisconsin from other states.
These tax credits can be earned through multiple factors such as creating jobs, employee training and supply chain purchases from Wisconsin vendors.
“Milwaukee Tool continues to exemplify the innovation, excellence, and quality that Wisconsin is known for, and we are glad to be ensuring their continued growth and success in our state,” said Wisconsin Gov. Tony Evers in a press release. “I want to thank Milwaukee Tool’s leadership for their continuing commitment to our state, our workers, and our communities as we continue to work together to build a 21st-century workforce and economy for our state.”
Since its partnership began with Milwaukee Tool in 2016, WEDC has authorized more than $75 million in Enterprise Zone tax credits to support the company’s growth. In return, Milwaukee Tool has invested more than $420 million in capital expenditures.
According to the WEDC press release, the company has expanded its Wisconsin workforce by over four times, from 900 employees in 2016 to more than 4,000 today. Milwaukee Tool has also established advanced research and development and manufacturing operations in Brookfield, Milwaukee, Menomonee Falls, West Bend, Mukwonago, and Sun Prairie.
“This investment isn’t just about adding jobs—it’s about strengthening our ability to innovate, grow, and lead from right here in Wisconsin,” said Christine Delisle, Milwaukee Tool CFO. “Our team is proud to continue building the future of manufacturing in a state that’s been central to our story for over a century.”
Founded in 1924, Milwaukee Tool is owned by Hong Kong-based Techtronic Industries Co.
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