Please ensure Javascript is enabled for purposes of website accessibility

permanent magnets

USA Rare Earth has selected Bailey Park in Blacksburg for a $1.2 billion manufacturing campus expected to create nearly 500 jobs and bolster the domestic rare earth supply chain. (Photo/DepositPhotos)
Jun 3, 2026

USA Rare Earth selects Cherokee County for $1.2B plant

USA Rare Earth will invest $1.2 billion in Cherokee County, creating nearly 500 jobs and expanding the U.S. rare earth supply chain.