Milwaukee Tool, which makes tools geared toward the construction trades, announced plans today to establish a new tool service hub in Greenwood, Ind., creating more than 450 new jobs by the end of 2025.
Greenwood is located in the southern portion of the Indianapolis metropolitan area.
“Milwaukee Tool continues to grow, and a new, centrally-located service hub here in Indiana will support the company’s increased demand and strengthen the customer experience,” said Gov. Eric Holcomb. “Indiana’s advanced manufacturing workforce will be a key asset for this growing company, helping Milwaukee Tool provide high-quality service to its customers and contributing to its mission of continuous innovation and commitment to the trades.”
Milwaukee Tool, headquartered in Brookfield, Wisc., will invest $6.75 million to establish its new service hub to accommodate the rapid growth the company has experienced in the last several years. The company is leasing a 150,000-square-foot facility in Greenwood that will house tool repair and warehousing space. It is expected to be operational by March 2021.
Pending approval by the Indiana Economic Development Corporation board of directors, the IEDC will offer Milwaukee Electric Tool Corp. up to $4.5 million in conditional tax credits and up to $500,000 in training grants based on the company’s plans to create up to 481 new Hoosier jobs.
