Milwaukee Electric Tool announces restructuring
Milwaukee Electric Tool Announces Restructuring Stockholm, Sweden, October 23, 2001 - Atlas Copco-owned Milwaukee Electric Tool Corporation has announced a restructuring plan to improve production workflow and competitiveness. Milwaukee's plans include relocation of selected manufacturing and assembly responsibilities. "The restructuring means that we will concentrate most of our manufacturing to the Mississippi - Arkansas area with Jackson becoming the hub of our southern plants", said Daniel Perry, President and CEO of Milwaukee Electric Tool Corporation. Approximately 130 employees from