| Company/Division name | GM/Stellantis with Niron Magnetics |
| Parent company | GM/Stellantis with Niron Magnetics |
| Type of work | Manufacturing |
| Reshoring category: | Reshoring |
| Year reshoring announced: | 2023 |
| Capital investment ($): | 33 |
| City reshored to: | Minneapolis |
| State(s) reshored to: | MN |
| If relevant, work nearshored to: | - |
| Industry(ies): | Computer & Electronic Products |
| Product(s) reshored | Rare Earth free iron nitride permanent magnets |
| What non-domestic negative factors made offshoring less attractive? | Green considerations |
| What domestic positive factors made reshoring more attractive? | Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Raw Materials Cost |
