VAC Magnetics plans to continue increasing production and workforce after facility ships first US-made rare earth magnets for ...
Permanent magnets sit at the heart of the green economy, from wind turbines and electric vehicles to smartphones and industrial robots. For decades, the strongest versions have depended on rare-earth ...
Vulcan Elements, a Durham-based startup manufacturing rare-earth magnets, says it plans to hire around 1,000 workers at a new $1 billion factory in the town of Benson in Johnston County. Why it ...
TL;DR: Automakers on both sides of the Atlantic are racing to redesign electric powertrains to use fewer rare-earth elements after repeated supply shocks from China. Instead of relying on permanent ...
Vulcan Elements, a North Carolina startup determined to revitalize U.S. production of rare earth magnets, has chosen Johnston County as the site of its first major factory. The N.C. Department of ...
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