Milwaukee Tool set to expand operations in Mississippi
JACKSON, Miss. (AP) — A tool manufacturing company will invest $60 million to expand in Mississippi and pledges to create 1,200 new jobs, Republican Gov. Tate Reeves said Tuesday.
Milwaukee Tool new will build a power tool accessory manufacturing plant at the I-55 Business and Technology Park in Grenada County. The site is halfway between the capital of Mississippi, Jackson, and Memphis, Tennessee.
A state press release says 800 of the jobs are planned for the Granada County plant, which is expected to open by the end of 2022. The company plans to hire machine operators, technicians, engineers, managers and people to work in warehousing/inventory and shipping/receiving.
The company plans to create the other 400 new jobs at its existing Mississippi locations.
Milwaukee Tool is based in Brookfield, Wisconsin. It has manufacturing, distribution and operating locations in the Mississippi towns of Greenwood, Jackson and Olive Branch.
Mississippi Development Authority, the state agency that pursues job creation, is providing $26 million to the company to construct the 500,000 square foot (46,452 square meter) building. The press release says Grenada County and the Tennessee Valley Authority are also participating in the project.
“When an industry leader such as Milwaukee Tool chooses to expand its presence in Mississippi by building a new manufacturing facility – in addition to its existing facilities – it sends a strong message to the world that we take business to the seriously and are working hard to ensure businesses’ long-term success in our state,” Reeves said in the press release.
Milwaukee Tool had 526 employees in Mississippi in 2010 and over 2,300 in 2020. The company’s most recent expansion into Mississippi was in February 2020 when it added a distribution center in Olive Branch, south of Memphis. The state press release says Milwaukee Tool also recently fulfilled its 2017 commitment to create 660 jobs over four years in Mississippi.