SEVERE WX: Tornado Watch - Severe Thunderstorm Watch View Alerts

Toolmaker to hire 660, invest $33.4M in 3 Mississippi cities

Milwaukee Tool will add 660 jobs overall at three Mississippi locations, investing $33.4 million to make and distribute more power tools.

Posted: Dec. 6, 2017 2:37 PM

GREENWOOD, Miss. (AP) — Milwaukee Tool will add 660 jobs overall at three Mississippi locations, investing $33.4 million to make and distribute more power tools.

Scroll for more content...

The unit of Hong Kong-based Techtronic Industries said Wednesday that it will expand production and distribution at facilities in Greenwood, Olive Branch and Jackson. The expansions over the next four years will bring Milwaukee Tool's statewide employment to nearly 2,300.

Mississippi Development Authority spokeswoman Tammy Craft says the state is giving Milwaukee Tool nearly $11 million for infrastructure and building renovations. The state will loan Greenwood $5 million to buy a building and replace a parking lot. Milwaukee Tool will repay that loan through lease payments.

Craft says Milwaukee Tool expects to seek property tax breaks, but didn't specify a value.

The company declines to release pay levels.

Related Content

Article Comments

Tupelo
Clear
81° wxIcon
Hi: 93° Lo: 77°
Feels Like: 87°
Columbus
Clear
81° wxIcon
Hi: 91° Lo: 73°
Feels Like: 89°
Oxford
Clear
81° wxIcon
Hi: 94° Lo: 74°
Feels Like: 86°
Starkville
Clear
79° wxIcon
Hi: 92° Lo: 76°
Feels Like: 83°
WTVA Radar
WTVA Temperatures
WTVA Severe Weather

Latest Video

Image

Matt's 10 PM Friday Forecast

Image

Junior Cadet Graduation

${article.thumbnail.title}

How to watch out for fraudulent charities

Image

Veteran Charity Scam

Image

3 injured in Lee County crash involving deputy

Image

Blaze causing church to burn down

Image

Pleasant Hill Baptist Church burned down

Image

Matt's 5 PM Friday Forecast

Image

Benton County church destroyed by fire

Image

Joel's Friday Afternoon Forecast: Intense heat followed by strong overnight storms