Milwaukee Tool announced today at an event with Gov. Evers and Missy Hughes, Secretary of the Wisconsin Economic Development Corp., that the company will invest $206 million and create 1,000 new jobs in Wisconsin.

Milwaukee Tool continues to experience rapid growth fueled by their new technologies and user-driven innovations. The company’s newest investment in Wisconsin will help support the expansion of their existing research and development facilities, infrastructure needs, and equipment at their nine locations across the state. Of the 1,000 jobs the company has committed to creating, many will be critical engineering and technical roles needed to support the rapidly advancing technologies harnessed in their products.

“Wisconsin’s advanced manufacturing is known worldwide for the quality of what we produce and the amazing skills and dedication of our workforce,” Gov. Evers said. “Milwaukee Tool’s high-quality products help workers in Wisconsin and around the world get the job done.”

WEDC is supporting the project with an additional $22.5 million in Enterprise Zone tax credits, raising the state’s total investment in the company’s success to $70.5 million. Between 2016 and 2021, Milwaukee Tool has invested more than $233 million and created 2,289 new jobs in the state.

“This state has been our company’s home for nearly 100 years, and we’re proud to continue our investments here,” said Ty Staviski, Chief Financial Officer for Milwaukee Tool. “Our people are the key to our success. We look forward to introducing 1,000 more people to the incredible culture we’ve created at our world-class facilities.”

Over the last decade the company has experienced incredible double-digit growth globally and currently employs more than 3,600 in Wisconsin and more than 10,000 people overall in the United States.

“With innovative design and products with exceptional performance, Milwaukee Tool’s a clear industry leader,” said Gale Klappa, co-chair of Milwaukee 7 and executive chairman of WEC Energy Group. “The company’s extraordinary growth trajectory is creating career opportunities for graduates of our colleges and universities, as well as luring talented people to southeastern Wisconsin from across the world. As Milwaukee Tool applies its technical expertise to new markets and product categories, this remarkable company is well-positioned for continued growth.”