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Sumter's new eVAC plant gets $111M in tax credits

SUMTER A German company planning to open its first U.S. facility in Sumter for producing magnets used in electric vehicles has received an additional $111 million from the federal government. … ....

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New Sumter industry bringing 300 jobs

-VAC Magnetics, a leading manufacturer of rare earth permanent magnets in the Western Hemisphere, announced it is establishing U.S. operations in South Carolina, building its first facility in Sumter County. ....

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Germany-Based e-VAC Magnetics Plans Sumter, South Carolina, Production Operations

Germany-Based e-VAC Magnetics Plans Sumter, South Carolina, Production Operations
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e-VAC Magnetics to Build First U.S. Facility in Sumter County | Greenville Business Magazine

e-VAC Magnetics to Build First U.S. Facility in Sumter County | Greenville Business Magazine
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e-VAC Magnetics to bring 300 jobs to Sumter | Columbia Business

Electric vehicle companies are growing in South Carolina as the federal government invests heavily in developing rare earth permanent magnets. The Sumter plant is the second in two days, the other being in Florence ....

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