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Morgan Steel Grows Headquarters in Right to Work Tennessee | NILRR
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Morgan Steel Grows Headquarters in Right to Work Tennessee
Morgan Steel is expanding its headquarters soon in Right to Work Memphis, Tennessee. This comes with the help of an $11.7 million investment. The expansion will also result in the creation of 119 new jobs. How exciting!
From Area Development Magazine:
โThis expansion reflects our long-term investment in giving people in the Memphis area an opportunity by developing a skilled workforce that strengthens our company. […] By growing our capabilities here at home, weโre positioning Morgan Steel to deliver greater value for our customers, drive innovation in how we work and continue to create opportunities for our employees, their families and our community.โ […]
โThanks to its access to interstate highways, waterways and rail, Memphis provides an ideal environment for Morgan Steel to continue expanding its headquarters. Investments like this are made possible by the regionโs strong infrastructure and ready-and-able workforce, and we look forward to the companyโs continued success in the years ahead.” […]
โMorgan Steelโs expansion is a powerful reminder that Memphis provides the foundation for businesses to not only survive but thrive. […] When a company grows from 18 employees to over 400 in just eleven years and chooses to reinvest nearly $12 million right here at home, it validates everything we know about Memphisโs competitive advantages. Scott and Chris Morgan have built something truly special, and their continued commitment to our city inspires confidence in Memphisโs economic future.โ
โFrom workforce and infrastructure to partnerships that span city, county and industry, Morgan Steelโs expansion reflects the strength of our regional ecosystem. […] Growth like this is the result of long-term collaboration and a shared commitment to positioning Memphis as a place where businesses can scale, innovate and succeed.โ
AREA DEVELOPMENT MAGAZINE
To read the previous economic update on Right to Work states, click here .
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