Morgan Steel is doubling down on its hometown. The Memphis-based steel distributor and fabricator is pumping $11.7 million into an expansion of its Riverside Boulevard headquarters, a move expected to bring 119 new jobs to Shelby County and boost the company’s processing and fabrication capacity for local manufacturers and suppliers.
The project centers on new production equipment and facility upgrades at the Memphis campus. Company officials told local reporters the expansion will add 119 positions at the site and push Morgan Steel’s total headcount to more than 400 employees across its operations in Memphis and Greenville, Texas, according to LocalMemphis. Leaders say the investment is designed to support multiple shifts and deepen the company’s regional footprint.
Founded in Memphis in 2014, Morgan Steel has grown from a small service center into a multi-site metal distributor and fabricator with in-house processing and its own trucking fleet. The company’s website highlights recent investments in lasers, press brakes and a powder-coating partner that broaden its ability to ship finished parts instead of just raw material. Morgan Steel lists its Riverside Boulevard headquarters and a nearby Trigg Avenue fabrication plant among its Memphis facilities.
Officials And Business Leaders Cheer The Move
State and local officials quickly lined up to praise the expansion, casting it as a win for Tennessee manufacturing and the Memphis workforce. Gov. Bill Lee called the project the kind of homegrown growth that helps Tennessee-based companies thrive, while the Greater Memphis Chamber said the investment strengthens the region’s industrial base, per LocalMemphis. Chamber officials have also spotlighted Morgan Steel during Manufacturing Day and other workforce outreach efforts in the city.
Jobs, Training And Hiring
Company representatives and community partners say the new positions will focus on production operators, welders, material handlers and logistics staff, with on-site recruiting and training slated to ramp up in the coming months. Morgan Steel has taken part in Manufacturing Day activities and apprenticeship programs to help build a pipeline of skilled workers, the City of Memphis has noted. The City of Memphis tracks such employer-led efforts as part of broader regional development work…