Milwaukee Tool announced today that they will be opening a new Engineering Design and Innovation space in Chicago, to accommodate the company’s continued investments into new technology.
In press materials, Milwaukee says:
As Milwaukee Tool continues to pursue advancements in productivity and safety on the jobsite, the level of innovation necessary to design and develop breakthrough solutions requires engineering expertise across many disciplines. The company continues to actively invest in emerging technologies around motors, power electronics, lithium-ion batteries, wireless connectivity and IoT, embedded systems, and artificial intelligence.
The new R&D office will be located in a 70,000 square foot space within the historic Old Post Office in Chicago, which Milwaukee invested more than $14 million to renovate.
Approximately 10,000 square feet will be dedicated to lab space, for design and development of critical new technologies.
The space will be used by engineers from multiple disciplines, including embedded systems, firmware, power electronics, systems and mechanical engineers, PCB designers, and project leaders.
Milwaukee adds that the new location will act as an extension to their Brookfield, Wisconsin headquarters.
At the time of this posting, Milwaukee employs more than 10,000 people in the United States.
They spent $216 million in domestic expansion projects in the last year, including at this new facility in Chicago.
Milwaukee Tool also has domestic presences at Greenwood, Grenada, Olive Branch, Clinton, and Jackson, MS, and Brookfield, Menomonee Falls, Milwaukee, West Bend, Mukwonago, and Sun Prairie, WI, Cookeville, TN, and Greenwood, IN.
Related, Milwaukee expects to open their new USA hand tool factory in 2022.