Master Lock receiving $1.8M incentive to keep HQ in Oak Creek

Master Lock's plans to move its headquarters to the former Caterpillar campus in Oak Creek are moving forward.

The 26-acre property has been purchased by a New York City real estate investor for $16.8 million.

The company will lease the land to Master Lock for more than 15 years.

The campus will get a series of upgrades before Master Lock moves in early in 2017.

CLICK HERE for more on this story via the Milwaukee Business Journal.