Brookfield-based Milwaukee Tool announced that it has opened its new office in Chicago at the Old Post Office building, at 433 W. Van Buren St. in downtown Chicago.
Milwaukee Tool posts 64% global growth in first half of 2021 biztimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztimes.com Daily Mail and Mail on Sunday newspapers.
Innovation drives Wisconsin s economy biztimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztimes.com Daily Mail and Mail on Sunday newspapers.
The chief executive officer for Milwaukee Toolâs parent company, Hong Kong-based
Techtronic Industries Co., wasnât kidding when he told investors in 2018 that Milwaukee Tool was âstill just getting started.â
Back then,
Milwaukee Tool had approximately $3.7 billion in sales. At the time, TTI CEO Joe Galli Jr.
told investors that Milwaukee Tool would see 20% growth for at least the next three years.Â
Galli Jr.âs growth projections are not only correct so far, year-over-year growth is actually higher than what he envisioned. Milwaukee tool has grown on average 25.2% annually for the last three years and an average of 23% annually for the last five years.