If plans move forward, a venerable company with nine decades of
history could become Brookfield’s largest employer.
Common Council on Tuesday had a lengthy list of questions
concerning Milwaukee Tool Corporation’s expansion plans at its
corporate campus, 12905-13135 W. Lisbon Road.
renewed wave of growth within the company, Ty Stavinski, senior
vice president and chief financial officer, said Milwaukee Tool
needs additional space to accommodate ramped production of its
product line — which includes, but is not limited to,
company executives came before the Plan Commission with their
initial pitch, which calls for a four-story, 205,000-square-foot
addition to an existing building and adding 600 parking stalls.
Future small-scale facility expansions could also be on the
director of community development, said Milwaukee Tool’s
expansion, as planned, would bring between 300 and 500 new jobs
to the city. With a current workforce hovering around 600,
Milwaukee Tool’s employment roster in Brookfield could increase
from the 900- to 1,100-person range.
Additionally, Ertl said Milwaukee Tool’s growth would generate
$8.4 million in new taxes and create $33.9 million in new net
are caveats to that projection. Milwaukee Tool is asking for a
$6 million contribution, by way of an economic development
grant. Additionally, the current plan would necessitate creating
a new tax incremental financing district to facilitate the cost
of such incidentals as environmental cleanup in the impacted
area. Ertl said the expectation is the TIF would be paid off
within 15 years.
funding and economic development grant resulted in several
questions from aldermen. In the end, however, the council voted,
12-2, in favor of moving the expansion proposal to the next
phase: a formal public hearing in January.
Christopher Blackburn, one of the two dissenters of the current
plan, said he was concerned about allocating TIF resources
toward the project.
guarantee we’re going to get these intangible benefits,”
Blackburn said, referring to the projections in added tax value
and additions to the tax rolls. “I do not see why the city
taxpayers should have to try and keep (Milwaukee Tool) here.”
Jerry Mellone was the other alderman casting a “no” vote.
acknowledged there are questions still on the table, Alderman
Scott Berg said he favored advancing the plans to a public
(resident feedback) will help inform our decisions,” Berg said.
Tool, established in 1924, laid roots in Brookfield in 1965 at
the current site. After a period of stagnation, company
officials said new management has infused innovations that have
led to expansion efforts.
Milwaukee Tool brought in $50 million in income. This year, the
company expects to record $2 billion.
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