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USA Rare Earth to Invest $1.2B in South Carolina Facility to Boost Domestic Supply

Insurance Journal·Jun 3

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

USA Rare Earth is investing $1.2 billion in a facility in South Carolina, which is expected to boost domestic supply. The facility will be a magnet factory or plant, and it will be located in Cherokee County. The investment is also reported to create around 490 to 500 jobs in the area.

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USA Rare Earth to Invest $1.2B in South Carolina Facility to Boost Domestic Supply

Full coverage

USA Rare Earth to invest $1.2B in South Carolina magnet factory

USA Rare Earth to invest $1.2B in South Carolina magnet plant

Rare earth magnet maker pledges $1.2B investment in Cherokee County

USA Rare Earth Inc. to invest $1.2B in Cherokee County

USA Rare Earth to invest $1.2B, create 490 jobs in SC town west of Charlotte

USA Rare Earth Plans $1.2B South Carolina Magnet Manufacturing Facility

USA Rare Earth to Invest $1.2B in South Carolina Magnet Plant

A $1.2B magnet factory and nearly 500 jobs are coming to the Upstate