'Resources to expand our operations:' Rite-Hite announces plans for new world headquarters
MILWAUKEE -- Milwaukee-based manufacturer Rite-Hite Holding Corporation announced Friday, March 6 that it is in the final stages on the acquisition of 9.4 acres of land in Milwaukee’s Fifth Ward for construction of its new world headquarters.
Reed Street Yards, located at 3rd and Freshwater Way, will bring together all Milwaukee-area Rite-Hite locations, totaling over 300 employees.
“The new headquarters will afford us the space and resources to expand our operations, attract and retain talent, and continue to support our customers in a first-class manner,” said Paul Maly, CEO.
According to a press release, the new site will feature a state-of-the-art customer experience center that will host customers from around the world and will serve as a training base for employees. The projected move-in date is March 2022. Rite-Hite has partnered with Eppstein Uhen Architects on this project.
Statement of Alderman José G. Pérez
"I want to congratulate and welcome Rite-Hite on the announcement of its new world headquarters in the Reed Street Yards. This incredible development will add to the robust momentum we have seen in Walker’s Point. I applaud the company’s commitment to our city and to bringing valuable jobs and economic activity in such a strong and positive manner.
"The Rite-Hite world headquarters will leverage tens of millions of additional dollars to the Tax Incremental District (TID) that has benefited immensely by the support of local stakeholders (including the Global Water Center, Zurn Industries, the Iron Horse Hotel, and others) over the course of many years. The added value and energy of the Rite-Hite development will heighten the ‘buzz’ that has been part and parcel of the Fifth Ward’s success. I look forward to that positive vibe continuing and expanding throughout the neighborhood.
"It is a credit to the unique atmosphere and footprint of the Reed Street Yards and the Fifth Ward to have attracted Rite-Hite, and it is indeed great news and a boon to the future of the area and to the City of Milwaukee.
"I look forward to helping cut the ribbon on this wonderful new development soon!"