Milwaukee Tool Plans Service Hub in Greenwood, Indiana

URLhttps://www.areadevelopment.com/newsItems/9-10-202
SourceArea Development
Date Published09/10/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Milwaukee Tool
Parent companyTechtronic Industries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):450
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):6.75
Country(ies) from which reshored:China
City reshored to:Greenwood
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredtools
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Eco-system synergies, Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:up to $5 million
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