![]() There were two main issues for the company in the mid-2000s, Richman said, Milwaukee Tool wasn’t focused on the professional trades and was “dabbling” in a number of areas while “not doing a great job in doing any single one of them well.” His career spans more than 30 years in the industry and includes brands such as Black & Decker, Werner Ladder, Skil and Bosch. Richman joined Milwaukee Tool in 2007, just two years after Techtronic acquired the company. “That was the foundation that when a new group of us came nine years ago, that we sat up and said, ‘We need to go back to our roots,’” Richman said. So how has the iconic brand found itself again? Steve Richman, Milwaukee Tool president, says it is important to look at the company’s focus on professional trades and innovative products, like the first right angle drill and the Sawzall reciprocating saw, in the period after World War II. in the atrium at the company’s Brookfield headquarters. Ty Staviski, chief financial officer and Steve Richman, president of Milwaukee Electric Tool Corp. ![]() The growth has also been sustained, in the double-digits through each of the last five years, including 22.2 percent revenue growth in 2014 and a three-year compound annual growth rate of more than 20 percent, according to filings by Hong Kong-based Techtronic Industries Co. The growth has been largely organic, save for the acquisition of Mukwonago-based Empire Level Mfg. The company has gone from a focus on corded power tools to cordless tools, power tool accessories and hand tools. Sales have grown over the last decade, from around $500 million in the early 2000s to $2 billion in 2015. There are now more than 700 employees at the site and the expansion plans call for 300 to 500 more in the next five years. and Volt Workforce Solutions.Milwaukee Tool officials say the expansion is necessary after more than tripling the workforce at the Brookfield campus since 2009. Volt Information Sciences may also be known as or be related to Volt Delta Canada Holdings, Llc., Volt Information Sciences, Volt Information Sciences Inc, Volt Information Sciences, Inc. The data presented on this page does not represent the view of Volt Information Sciences and its employees or that of Zippia. None of the information on this page has been provided or approved by Volt Information Sciences. ![]() While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The employee data is based on information from people who have self-reported their past or current employments at Volt Information Sciences. Zippia gives an in-depth look into the details of Volt Information Sciences, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Volt Information Sciences. ![]()
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