Company/Division name | Vulcan Elements with ReElement Technologies |
Parent company | Vulcan Elements with ReElement Technologies |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2025 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 65 |
City reshored to: | Durham |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | neodymium iron boron magnets |
What domestic positive factors made reshoring more attractive? | Eco-system synergies |