Niron Magnetics Plans Sartell, Minnesota, Manufacturing Operations
10/15/2024
The company will purchase 79 acres of public land from the city to construct a rare earth-free permanent magnets manufacturing facility.
“We’re excited to partner with the City of Sartell. The community has built a welcoming environment for both our business and our future employees, making it the perfect location for Niron to put down our roots and expand into our next phase,” said Jonathan Rowntree, CEO of Niron Magnetics. “Sartell’s investments in creating a livable, sustainable community align perfectly with our values and vision for supporting GreenTech businesses in Minnesota. We look forward to working with our partners at the City of Sartell to usher in the next phase of American clean energy and manufacturing growth,.”
Niron Magnetics develops rare earth-free permanent magnets which offer a cost-effective, environmentally friendly alternative to traditional rare earth-based magnets. Permanent magnets are critical components of green technologies such as electric vehicle motors, wind turbines, and energy-efficient consumer electronics.
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