Milwaukee Tool buys 82 acres for Menomonee Falls campus

Milwaukee Tool completed three land acquisitions for its Menomonee Falls research campus development, including an $854,625 purchase from local developer Zilber Property Group.

The company bought 14 acres on Flint Drive from Milwaukee-based Zilber, and plans to build an approximate 240,000-square-foot industrial office building there. In keeping with Milwaukee Tool’s aim to develop and sell more construction tools, the building would house product research and a prototyping facility. It could break ground in spring...

...Separately, Milwaukee Tool paid the village of Menomonee Falls $1 for about 67.5 acres for future office buildings. That sale came on the heels of the village approving an agreement to rebate to Milwaukee Tool up to 70% of its annual property taxes through 2037...

See Also:

Milwaukee Tool considered South Carolina for Menomonee Falls project

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Ken Notes: I love this commitment to the State. Milwaukee Tool makes a great product and the industry continues to expand. I also like the development agreement that allowed the village to participate in the project. I wish more communities would purchase land for development then make it available to the businesses they want in their community....