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PROJECT INTELLIGENCE

Morgan Steel

Expansion · Memphis, TN · Metals, materials & chemicals · Announced 2026-03-24

Investment$11,700,000Announced capital
Jobs119Reported jobs
StatusAnnounced
VerificationConfirmedLast verified 2026-10-11

Sources & verification

  1. tnecd.com ↗
Recorded publisher
Tennessee Department of Economic and Community Development
Source quality
primary-government
Verification basis
Inherited verification

Project facts

Decision / announcement date
2026-03-24
Date precision
day
Sector
Metals, materials & chemicals
Facility action
Expansion
Facility type
Metal service center and headquarters
Project status
Announced
Project / facility
New Memphis location for headquarters operations

Figures & qualifications

Capital category
Committed
Capital scope
site
Jobs classification
New/Direct
Jobs basis
TNECD: 'Morgan Steel will create 119 new jobs'.
Statistical exclusion reason
Expansion band ($50M/100): outside the core $100M/250 statistical series.

Morgan Steel will invest $11.7 million in a new Memphis location, creating 119 jobs.

Not yet recorded · 2 fields

Transferred / retained jobs · Construction jobs