With a planned total investment of $32 million, Milwaukee Tool is proposing another major expansion at its global new product development center in Brookfield, Wisconsin. A 114,500-square-foot, multi-story building would be built on an existing 3.5 acre lot owned by Milwaukee Tool, bringing its global headquarters space from 190,000 square feet, originally, to a proposed total of 504,500 square feet.
Over the last several years, Milwaukee Tool has experienced rapid growth, expanding employment at its Brookfield campus from just over 300 jobs in 2011 to almost 1,300 this year. This expansion would lead to the creation of 350 additional new jobs in the next five years, with an average annual salary of $75,000.
“We must grow or die,” said Steve Richman, Milwaukee Tool Group president. “We are committed to delivering a world-class work environment to attract, retain, and recruit the best talent in the world.”