GREENWOOD, MS - Milwaukee Tool Corp. will receive grant monies to help finance an $18 million expansion of its saw blade plant in Greenwood.

Milwaukee Tool Plans $18M Expansion of Saw Blade PlantThe Mississippi Development Authority is providing a $900,000 grant. The city of Greenwood and Leflore County will provide a 10% match of the grant, according to the Clarion Ledger.

The expansion is expected to create 32 new jobs.

Milwaukee Magazine noted that Milwaukee Tool received about$1.5 million in Wisconsin tax credits in 2011 to expand the research and development division at its Brookfield, WI, headquarters. That expansion netted about 100 new jobs.

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