Facility

e-VAC Magnetics Sumter

Sintered NdFeB permanent magnet plant in Sumter County, South Carolina — e-VAC Magnetics' first U.S. facility, announced December 2023 with $94.1 million in DoD equipment funding, awarded a $111.9 million Section 48C tax credit in 2024, shipping first magnets in December 2025, and formally opened July 15, 2026 with a nameplate capacity of about 2,000 metric tons per year.

Facts on this page last re-verified Aug 11, 2026 — the oldest verification date among its current claims. How we verify.

Location: Sumter, South Carolina, United States

Magnets

Sintered NdFeB permanent magnet production

Operating

Mass-production-grade sintered NdFeB permanent magnet manufacturing for automotive traction motors and defense applications

Material flow

NdFeB Alloy → Sintered NdFeB Magnet

Capacity

2,000 t/year · Product mass · Target · as of Dec 12, 2025

2,000 t/year · Product mass · Nameplate · as of Jul 16, 2026

Qualification

No qualification claim. Status does not imply qualified output.

Sources