eVAC Magnetics breaks ground on Sumter, South Carolina NdFeB magnet plant

VACUUMSCHMELZE / eVAC Magnetics/Sumter NdFeB Magnet Plant

eVAC Magnetics, VACUUMSCHMELZE subsidiary, began construction on a facility in Sumter, South Carolina to manufacture sintered neodymium-iron-boron permanent magnets. The plant was designed for 2,000 tpa initial capacity with scaling to 12,000 tpa, representing the first large-scale rare-earth magnet producer in the United States in over 25 years.