• Milwaukee Tool Announces Expansion in Greenwood, Miss.

    Jackson, Miss. — Governor Phil Bryant and officials from Milwaukee Tool announced today the company is expanding its operations in Greenwood, Miss. The project represents a corporate investment of $16.8 million, and the creation of 126 new jobs, of which 105 have been filled. This brings the total number employed by the company in Greenwood to 508. Milwaukee Tool employs a total of 891 workers throughout its three Mississippi locations.

    For this project, the company will locate its expanded operations into a facility adjacent to its existing location. Milwaukee Tool is leasing that facility from the city of Greenwood.

    “This announcement is great news for the Mississippi Delta as Milwaukee Tool increases its presence in Greenwood and creates new jobs for the region’s workforce. We are committed to partnering with our existing companies like Milwaukee Tool to advance industrial growth throughout the state, and we look forward to working with the company again in the future,” Gov. Bryant said. “I thank Milwaukee Tool for its dedication to Greenwood and Mississippi and wish the company many years of continued success.”

    “Milwaukee Tool is dedicated to driving growth and creating new jobs in the United States,” said Milwaukee Tool Group President Steve Richman. “In the last several years we have created nearly 900 new jobs across the country, more than 250 of which are in Mississippi. We firmly believe that, through investing in our people, we will deliver disruptive innovation and the highest quality products for our users and distribution partners.”

    Mississippi Development Authority provided assistance in support of the project for infrastructure improvements to Milwaukee Tool’s new facility, as well as for renovations to the company’s current facility. The city of Greenwood provided assistance for building renovations, as well.

    “MDA appreciates the teamwork of the city of Greenwood and the Greenwood Leflore Carroll Economic Development Foundation, which successfully assisted in helping Milwaukee Tool choose to grow in Greenwood and create more than 100 new career opportunities for the Mississippians in the Delta region,” said MDA Executive Director Glenn McCullough. “MDA is pleased to team with city, county and regional partners throughout Mississippi to provide companies a vibrant business climate that spurs growth and success, and this latest expansion by Milwaukee Tool is a testament to those collaborative efforts.”

    About Milwaukee Tool
    Since the company began in 1924, Milwaukee Tool has led the industry in both durability and performance by providing the best in professional, heavy-duty tools and accessories. With an unwavering commitment to the trades, Milwaukee continues to lead with a focus on providing innovative, trade-specific solutions. Whether it is through their leadership in LITHIUM-ION technology, as seen in the M12™, M18™ & M28™ Systems, time-saving accessories or innovative hand tool products, Milwaukee is dedicated to delivering a steady stream of advanced solutions for the trades that offer increased productivity and unmatched durability. 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.

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