logo

eVAC Magnetics Permanent Magnet Facility

Sector: Chemical (Industrial) • Location: Sumter County, South Carolina, United States

Source: Investor News

Project
Completed

Construction of a permanent magnet facility in Sumter County, South Carolina, backed by the U.S. Department of War and a $111.9 million Advanced Energy Project Tax Credit. The facility is supplied with high-purity rare earth oxides separated using Ucore's proprietary RapidSX™ technology.

Status
Closed
Sector
Chemical (Industrial), Aerospace & Defense, Manufacturing (Industrial), Government
Location
Sumter County, South Carolina, United States of America
Updated
22 Jul 2026
Source
Investor News

ConstructChat

Ask ConstructChat about eVAC Magnetics Permanent Magnet Facility

Pick a question to edit it, or write your own.

First answer free · no account

I am a

Project Information FAQ

Project Information

5 Q
The project “eVAC Magnetics Permanent Magnet Facility” is an infrastructure initiative in the Chemical (Industrial) sector, located in Sumter County, South Carolina, United States. Taiyo aggregates data on it from Investor News.

Participants

Sponsoring Agency

Status

Original status

completed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Construction of a permanent magnet facility in Sumter County, South Carolina, backed by the U.S. Department of War and a $111.9 million Advanced Energy Project Tax Credit. The facility is supplied with high-purity rare earth oxides separated using Ucore's proprietary RapidSX™ technology.

Original sector

Critical Minerals & Rare Earths

Budget

Location

Country

United States of America (USA)

State

South Carolina

City

Sumter County

Source

Source

Investor News

URL

More Details

Record type

Project

Sector

Chemical (Industrial), Aerospace & Defense, Manufacturing (Industrial), Government

Article published date

2025-11-16

More on this project

Research

Free account

View all details

You are reading the public part. A free account opens the rest:

  • Every detail on this project
  • News and media coverage
  • Technical research
View all details

Free account · no card · lands you back on this project