eVAC Magnetics Permanent Magnet Facility
Sector: Chemical (Industrial) • Location: Sumter County, South Carolina, United States
Source: Investor News
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
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Project Information
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 |
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