Milwaukee Tool Expanding in Mississippi by Building New 500,000 Square Foot Facility in Grenada; Will Create 1,200 Jobs

April 20th, 2021

Milwaukee Tool Expanding in Mississippi by Building New 500,000 Square Foot Facility in Grenada; Will Create 1,200 Jobs

JACKSON (Office of Governor Tate Reeves) – Milwaukee Tool, a leading manufacturer of heavy-duty power tools, hand tools, storage and accessories for the professional construction trades worldwide, announced plans to expand its presence in Mississippi. The company will invest $60 million in advanced technology and manufacturing equipment to support the operation of a new accessories manufacturing facility in Grenada County. As part of the 1,200 overall jobs Milwaukee will bring to the region, 800 of these jobs will be in the new Grenada facility and the remaining 400 will be across its existing Mississippi locations.

Milwaukee Tool, headquartered in Brookfield, Wisconsin, has manufacturing, distribution and operations presences in Greenwood, Jackson and Olive Branch, and the company has grown its employee headcount in the state from 526 in 2010 to more than 2,343 in 2020. The company last expanded in Mississippi in February 2020, adding a new distribution center in Olive Branch and also recently delivered on its 2017 commitment to create 660 jobs over four years at its Mississippi locations.

For its latest expansion in Grenada, Milwaukee Tool will construct a 500,000-square-foot facility in Grenada County’s I-55 Business and Technology Park to support the company’s growing power tool accessories and power tool business. Available jobs will include machine operators, technicians, warehousing/inventory, shipping/receiving, engineering and management roles.

MDA is providing assistance for building construction. Grenada County and the Tennessee Valley Authority also are assisting with the project.

The new facility is expected to open in late 2022, and Milwaukee Tool plans to fill the new jobs within eight years.

QUOTES:

“When an industry leader such as Milwaukee Tool chooses to grow its footprint 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 seriously and work hard to ensure companies’ long-term success in our state. This newest investment by Milwaukee Tool in Grenada County will benefit the region and its 800 new employees well into the future, just as Milwaukee Tool once again will benefit from having the best workforce in the nation producing the high-quality tools and accessories for which the company is known around the world.” – Gov. Tate Reeves

“The partnership between Milwaukee Tool and Mississippi continues to strengthen through this new manufacturing location in Grenada County. The region’s talented workforce and robust transportation network make Grenada an ideal location for this new facility, and the commitment of 400 additional new Milwaukee Tool jobs within the company’s existing locations reflects the great business climate Mississippi provides. MDA thanks the teams at the Greater Grenada Partnership, Grenada County, Delta Strong, Tallahatchie Valley Electric and the Tennessee Valley Authority for their hard work in bringing these new operations and jobs to our great state.” – MDA Executive Director John Rounsaville

“Our people and our culture have clearly made the difference in our growth and success. As we seek out new opportunities to attract, retain, and recruit the best talent in the country, the State of Mississippi has continued to be a valued partner. We look forward to bringing more jobs to this state.” – Milwaukee Tool Group President Steve Richman

“Long-term economic advancement is the core mission of the Greater Grenada Partnership. As a world-renowned brand, the Milwaukee Tool company is set to bring quality careers and significant capital investment to Grenada County. We are proud to support a project that will measurably move the economic needle in our region and state.” – Matthew Harrison, Greater Grenada Partnership CEO

“We are excited to welcome Milwaukee Tool to Grenada County. I am proud that our community continues to be a destination for manufacturing companies seeking to expand and create jobs. The Grenada County Board of Supervisors has worked diligently to create a pro-business community. With an announcement such as this, we are seeing our investments bring about a great return.” – Grenada County Board of Supervisors President Michael Lott

“TVA and Tallahatchie Valley Electric Power Association congratulate Milwaukee Tool on its decision to expand operations  and create hundreds of jobs in Grenada, Mississippi. Helping to create job opportunities and investment in the Valley is fundamental to TVA’s mission of service. We are proud to partner with Grenada County, Mississippi Development Authority and Greater Grenada Partnership to help further that mission and support Milwaukee Tool’s business success in the region.” – TVA Senior Vice President of Economic Development John Bradley

About Milwaukee Tool 
Milwaukee Tool, founded in 1924, is a global leader in delivering innovative solutions to the professional construction trades that offer increased productivity and unmatched durability. Whether it is through their world-leading M12™, M18™, and MX FUEL™ cordless systems, the ground-breaking performance of their M12 and M18 FUEL™ products, jobsite lighting, time-saving accessories, or innovative hand tool and storage products, Milwaukee® is dedicated to delivering a steady stream of advanced, trade-specific solutions. Milwaukee Tool is a Brookfield, Wisconsin-based subsidiary of Techtronic Industries Co. Ltd. (TTI) (HKEx stock code: 669, ADR symbol: TTNDY). For more information on the full line of Milwaukee® products, please call 1-800-SAWDUST or visit www.milwaukeetool.com.