Milwaukee Tools is growing existing operations in Mississippi with expansion at three locations in the state, creating over 600 new jobs.
Seemingly making good on its promise for ‘relentless geographic expansion’, the move follows a revenue record for Milwaukee Tool owner Techtronic Industries. It saw revenue rise 7.3% to USD $2.9 billion in half year 2017.
The new jobs will be created over the next four years accommodating cordless power tool manufacturing, accessory manufacturing and additional distribution capacity.
“Milwaukee Tool is dedicated to driving growth and creating new jobs in the United States,” said Milwaukee Tool Group President Steve Richman. “We currently employ over 3,500 people in the USA, more than 1,600 of which are in Mississippi. We are deeply committed to investing in our people as we continue to deliver disruptive innovation and the highest quality products for our users and distribution partners.”
The Mississippi Development Authority is providing assistance for building renovations and site improvements at Milwaukee Tool’s Jackson and Olive Branch locations. MDA is providing assistance for public infrastructure improvements at the Greenwood location. The city of Greenwood is receiving a loan through MDA for the purchase of an existing building and parking lot improvements.