Nick fink feet1/18/2024 ![]() Master Lock provided the following statement a few hours after this article was first published. Homages to the company’s signature padlock can be founded throughout the complex, including a half-circle walking trail at the north end of a parking lot that gives the site a padlock appearance from above. 32nd St., is a four-story brick building with several large additions. 32nd St., with the west side being a mix of vacant lots and surface parking. and the 30th Street Corridor railroad tracks west to N. ![]() The company’s central city property, according to city assessment records, covers 26.1 acres of land and stretches from W. The Common Council granted approval in 2019 for the company to secure the street grid around the property to limit access to the plant. A notice, which would contain detailed layoff figures, has not been posted on the Department of Workforce Development website. In 2019, the company said it had approximately 500 employees at the campus. The average Master Lock employee would have to work 240 years to match Fink’s earnings,” said the union. “ enjoys annual compensation of $10 million though his greed won’t tolerate $20 per hour UAW Members in Milwaukee. Nicholas Fink is the CEO of Fortune Brands. The complex was previously the headquarters for Midwest Airlines and, later, Bucyrus International. Master Lock continues to maintain its 120,000-square-foot headquarters in Oak Creek. The company has also long produced locks in China. Job postings on the company’s website point to a manufacturing plant in Nogales, Mexico, near the Arizona border. “As of this morning, Fortune Brands has not reached out to me, and I have heard no logical explanation for their actions.” They certainly deserve greater respect and appreciation from their company,” said Mayor Cavalier Johnson in a statement. It is a slap in the face to the hardworking Milwaukee employees. “I am enormously disappointed by the impending closure of the Master Lock facility. The publicly-traded holding company, which continues to own the business and several others, is based in Deerfield, IL. It was sold in 1970 by the descendants of founder Harry Soref to a predecessor of Fortune Brands Innovations. Master Lock was founded in Milwaukee in 1921. “We are disgusted, yet again, as another profitable corporation has decided to close the doors of a manufacturing icon in corporate America’s never-ending quest for profit, without any regard for the people amassing their wealth,” said the union in a Facebook post.
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