Niron Magnetics receives $10-million grant for US permanent magnet facility
US-based magnet manufacturer Niron Magnetics has been awarded a $10-million grant from the Minnesota Forward Fund to support the construction of its production site for iron nitride-based rare earth-free permanent magnets in Sartell, Minnesota. The financing will help the company advance the development of Plant 1, a 190,000-square-foot facility. ConstructionContinue Reading












