e-VAC Magnetics Receives Historic $111.9 Million Qualifying Advanced Energy Project Tax Credit for Construction of First U.S. Manufacturing Facility in South Carolina

Facility Will Help Accelerate U.S. Rare Earth Magnet Manufacturing, Build Domestic Supply Chain and Create Hundreds of New Jobs SUMTER, S.C., April 9, 2024 /PRNewswire/ -- e-VAC Magnetics ("e-VAC" or the "Company"), a leading manufacturer of rare earth permanent magnets in the Western...