On Wednesday morning, Milwaukee Tool announced that it is expanding operations at three of its Mississippi manufacturing locations. The company plans to invest $33.4 million in cordless power tool manufacturing, accessory manufacturing, and additional distribution capacity in its Greenwood, Jackson, and Olive Branch, Miss. manufacturing sites.
All told, the expansion will create 660 new jobs over the next four years.
“Once again, Milwaukee Tool confirms its commitment to doing business in our state by growing its existing operations and providing hundreds of Mississippians with good, stable jobs. The state values the partnership we share with Milwaukee Tool and is thrilled to play a role in the industry leader’s continued growth,” Mississippi Gov. Phil Bryant said during Milwaukee’s announcement event in Jackson.
The Mississippi Development Authority will provide assistance for renovations and site improvements at the Jackson and Olive Branch locations, as well as public infrastructure improvements at the Greenwood location. The city of Greenwood will finance the purchase an existing building and fund parking lot improvements with a loan taken through the MDA.
“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.”
This expansion marks Milwaukee Tool’s fourth in Mississippi since 2012. “The company’s success demonstrates the state’s commitment to supporting our corporate partners through dedicated teamwork and providing a business environment that enables companies to achieve their goals in Mississippi,” said MDA Executive Director Glenn McCullough, Jr.
