Boyd Metals announced a nine million dollar expansion Thursday with Missouri Governor Mike Parson on hand to mark the occasion.
KRPS’s Fred Fletcher-Fierro has more.
The metal service provider announced yesterday that it will expand in Joplin, investing more than $9 million and creating 12 jobs.
The company is expanding its existing 60,000-square-foot facility to more than 100,000 square feet to increase efficiency and distribution across its Midwestern network. Boyd, which is headquartered in nearby Fort Smith Arkansas was founded in 1991 and was acquired at the end of 2021 by Russell Metals.
General Manager of Boyd’s Joplin location Audie Dennis spoke about what the expansion via state funding will mean for the company.
“But this expansion and 9.3 million dollar project will include state-of-the-art laser processing equipment upon completion. It will increase our footprint to 111,000 square feet and we’ll add a dozen quality good paying jobs to the Joplin workforce.”
For this expansion, Boyd Metals will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation.
Currently, Boyd Metals has five stocking warehouse and sales office locations in Arkansas, Missouri, Oklahoma, and Texas.
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