North Carolina approves power line construction to support Vulcan Elements magnet plant

Vulcan Elements/Benson NdFeB Magnet Manufacturing Plant

North Carolina's Utilities Commission cleared the way in August 2026 for a 1.31-mile, 230-kilovolt transmission line to power Vulcan's Benson magnet facility. The power line construction is expected to wrap up by end of March 2027, enabling the plant to meet its equipment power demands.