Master Lock headquarters to move to former Caterpillar south campus on S. Howell in Oak Creek
OAK CREEK — Master Lock officials have announced the company’s headquarters is moving to the former Caterpillar Global Mining Division’s south campus on S. Howell Avenue in Oak Creek for a future expansion, the Milwaukee Business Journal is reporting.
According to the Business Journal, Master Lock would refill the 26-acre campus at 6744 S. Howell Avenue, which has about 121,000 square feet of office space in its two main buildings.
The company currently leases space at 137 W. Forest Hill Avenue in Oak Creek.
Renovation work will begin on the Howell Avenue campus this fall, and operations will move there in early 2017.
According to a press release from Master Lock officials, the move will accommodate the company’s growth of jobs in support of its Master Lock and American Lock brands, as well as the additional SentrySafe jobs brought to the area.
“In the last five years, The Master Lock Company has experienced strong business growth and a 35 percent increase in jobs in the U.S. alone. In 2015, we had net sales of more than $550 million, a 15 percent increase over the prior year. This campus offers significantly more space and other features to support our continued growth and will help us attract the top local talent we need to be successful in the future. This is an exciting time in the history of our business—and a great time to join our company. We’ve had a strong start to 2016, we are hiring to fill newly-created positions and our state-of-the-art facility will accommodate our growth and help us attract the best talent,” said Mike Bauer, president of The Master Lock Company in the release.
“We’re pleased that Master Lock has committed to staying in Oak Creek. As one of our largest employers in the city, we value their dedication to our community. We look forward to their transition to the new location,” said Steve Scaffidi, Oak Creek mayor in the statement.
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