| Company/Division name | Niron Magnetics |
| Parent company | Niron Magnetics |
| Type of work | Manufacturing |
| Reshoring category: | Foreign Direct Investment |
| Year reshoring announced: | 2026 |
| Domestically, the work will be done: | In-house |
| Country(ies) from which reshored: | Japan |
| City reshored to: | Sartell |
| State(s) reshored to: | MN |
| If relevant, work nearshored to: | - |
| Industry(ies): | Nonmetallic Mineral Products, Primary Metal Products (not including Foundries and Castings) |
| Product(s) reshored | rare-earth-free permanent magnets |
| What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
