Editor’s note: This story has been updated to correct the amount of the loan to ReElement Technologies, which is $80 million. The Trump administration is putting nearly $750 million toward a deal to ...
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 ...
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 ...