Your location:  Home  >  Bearing News  >  World Bearing News
<<  Back

Twin Disc Signs Lease Agreement for Office Space

Resource from:  https://www.powertransmission.com Likes:105
Sep 30,2022

2.png

Twin Disc celebrated the 20-year anniversary of the QuickShift transmission earlier this year. This fully integrated system includes the transmission, clutch, valves, actuators, and electronic controls resulting in fast, smooth clutch engagement, exceptional boat handling, precise speed control, and an incredibly smooth ride. 


Twin Disc, Inc. has announced the lease of an office space in Milwaukee, WI. The 8,100 square foot space on the fourth floor of an office building located on Erie Street in Milwaukee’s Historic Third Ward will accommodate approximately 25 employees. The Company expects to relocate its corporate team to the new location in early 2023.


The lease of an office space in Milwaukee, and tentative sale of its location at 1328 Racine Street, is part of Twin Disc’s asset optimization strategy. “We continue to find ways to reduce our footprint and provide more value for our shareholders, customers and employees,” said John Batten, president and chief executive officer, Twin Disc, Inc. “We assessed several locations for the new office space and found that downtown Milwaukee better suits this subset of employees.”


“Having transitioned manufacturing and assembly functions to more modern and efficient facilities in the Racine area, our current space is not being fully utilized,” continued Batten. “We truly believe that the community will be better served if our building on Racine Street is redeveloped into a space that provides more jobs or amenities.”


It’s Wisconsin-based manufacturing and assembly facilities, located at 4600 21st St, Racine, WI, will continue to produce industrial products, marine transmissions for the commercial and pleasure craft markets, and land-based transmissions used in off-road applications. The Company will continue operations at its North American Aftermarket Distribution Center, located in Sturtevant, WI.


(https://www.powertransmission.com)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.