Milwaukee Tool Corp. is expanding its research and development center in Brookfield with a $6 million investment and a commitment to create 128 new jobs.
The new jobs will include mainly project leaders, design engineers, electrical engineers and technicians.
The company announced its plans with the Wisconsin Economic Development Corp. (WEDC), which has approved up to $2.1 million in tax credits to assist with the expansion.
“We are committed to our Brookfield facility as a critical component of delivering solutions to our core end-users and distribution partners with greater innovation and faster speed than any of our competitors,” said Ty Staviski, chief financial officer of Milwaukee Tool. “With this commitment, we will continue to invest in and expand our workforce in Southeastern Wisconsin as we pursue new product and research opportunities.”
As part of the investment, Milwaukee Tool has established a global rotary hammer advanced development center as well as an advanced motor development and prototyping center. In addition, Milwaukee Tool is expanding the breadth of its accessories product line and has introduced a Hand Tool line to meet the growing demand of its business channels.
The company has also expanded its accessory test lab and battery research capabilities.
“Milwaukee Tool’s commitment to southeastern Wisconsin speaks to the assets the region and state has as the foundation for this investment in Wisconsin,” said Reed Hall, WEDC secretary and interim chief executive officer.
“The Milwaukee 7 is pleased that Milwaukee Tool continues to grow its employment base in southeastern Wisconsin. These are precisely the kind of high-skill, family-supporting jobs that we want. We know the company could have placed these jobs in another locale. We appreciate Milwaukee Tool’s investment in our region,” said Jim Paetsch, vice president of corporate expansion and attraction for the Milwaukee 7.
“Building capacity that helps our businesses constantly innovate their products and services is critical to competing in the global economy. Waukesha County and the Waukesha County Economic Development Corporation are pleased to have partnered with Milwaukee 7, WEDC and the City of Brookfield to support Milwaukee Tool’s commitment to innovation,” said Waukesha County Executive Dan Vrakas.
Milwaukee Tool is the Wisconsin-based subsidiary of Techtronic Industries Co. Ltd. (TTI) of Hong Kong. Milwaukee Tool currently employs approximately 1,300 people in the United States.