| Company/Division name | Ara Partners |
| Type of work | Manufacturing |
| Reshoring category: | Foreign Direct Investment |
| Year reshoring announced: | 2024 |
| Domestically, the work will be done: | In-house |
| Capital investment ($): | 335 |
| Country(ies) from which reshored: | Spain |
| City reshored to: | Sumter County |
| State(s) reshored to: | SC |
| If relevant, work nearshored to: | - |
| Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
| Product(s) reshored | rare earth permanent magnets for EVs |
| What domestic positive factors made reshoring more attractive? | Government Incentives, Govt. Policy and subsidies, Raw Materials Cost, Under-utilized capacity |
| Government Incentive dollar amount: | $111.9 million |
