The automaker has quietly seeded the revival of the domestic magnet industry, locking down supply amid trade tensions.
Magnets attract certain metals, and apparently Georgia attracts magnets. On Wednesday, Gov. Brian Kemp announced that JS Link America is building a $223 million permanent magnet manufacturing facility ...
A company called USA Rare Earth LLC announced this week it will manufacture a type of magnet in Stillwater, using rare earth elements mined in Texas. At a news conference on Thursday, officials from ...
General Motors has announced that it is partnering with German magnetic alloy manufacturer Vacuumschmelze (VAC) to build a new magnet factory in the U.S. The magnets produced at the upcoming factory ...
As China tightens its export controls on rare earths, which are essential for making everything from smartphones to electric ...
SAN MARCOS, Texas (KXAN) — Magnets are going green in Central Texas. Noveon Magnetics celebrated its grand opening this summer, after opening its doors in 2020. The company manufactures permanent ...
The 130,000 square foot facility will make more powerful permanent magnets made of rare earth materials. Once up and running, the factory will have an annual production capacity of 3,000 tons. The ...