Vulcan Elements Plans Benson, North Carolina, Production Operations

URLhttps://www.areadevelopment.com/newsItems/11-23-20
SourceArea Development
Date Published11/25/2025

Additional Reshoring Information:

Company/Division name Vulcan Elements
Parent companyVulcan Elements
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1000
Year reshoring announced:2025
Domestically, the work will be done:In-house
Capital investment ($):918.1
City reshored to:Benson
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Nonmetallic Mineral Products, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredrare earth magnets
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Skilled workforce availability/training
Government Incentive dollar amount:17,584,500
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