We just received the following statement from Milwaukee:
MILWAUKEE, WI – Today, Milwaukee Tool announced the acquisition of the Empire Level business based in Mukwonago, Wisconsin.
Steeped in history dating back to 1919, Empire Level is a fully integrated solutions provider in the Layout and Measurement product categories. Empire is the leading US manufacturer of levels, squares, layout tools, and safety and utility tape.
“From the invention of the Monovial*, to the introduction of the first Torpedo Level, Empire has a strong history of innovation. We share a passion for delivering best-in-class solutions for our users,” says Steve Richman, President of Milwaukee Tool. “We are extremely proud to expand our portfolio with Empire Level, and we are committed to driving disruptive innovation and accelerated growth within the business.”
*A Mono vial is a single bubble level vial.
While we already reported that Milwaukee Tool and Empire Level were in acquisition talks, the acquisition is now official.
An anonymous source has said that there is little incentive for Milwaukee to move Empire’s existing USA-based manufacturing facilities offshore.
Update: An official representative of Milwaukee Tool added the following:
I would just like to confirm that Empire will continue to proudly manufacture in the United States. The individual Milwaukee and Empire brands and product lines will remain separate as they cater to unique user groups.
If you ask me, I think that the acquisition is going to be a good thing for both brands, and especially for users.