Sumter, South Carolina — According to state and local development sources, VACUUMSCHMELZE/e-VAC Magnetics plans to invest $500,000,000.00 to expand in Sumter. The company is creating 300 new jobs at this facility. The company plans to occupy the new space in Sumter, on or about October 1, 2025. According to the company website We passionately advance the technologies of today and tomorrow. As a reliable partner, we work with our customers to develop application solutions that make it possible to meet constantly increasing requirements. We push technical boundaries with groundbreaking solutions. The use of our materials as well as our refined solutions and their special magnetic properties are the key to making our customers systems smaller, lighter, more efficient and, last but not least, safer. Thereby we contribute significantly to the saving of resources and the protection of our environment. The world of magnetism is our home. Using a wide variety of raw materials, VAC composes more than 170 alloys with outstanding properties. In-depth material know-how paired with high application competence enables outstanding solutions, from semi-finished alloy products and parts to cores, inductive components, rare-earth permanent magnets and magnet systems. Furthermore, we are extensively vertically integrated which allows us to produce e.g. cores, components, stamped parts, lamination stacks and permanent magnets with full control over the material properties. This simplifies business for our customers and clarifies responsibilities between all steps within the value chain. At the same time, we have an extensive interface to various industries on all levels of the value chain, which helps us to understand present and future market requirements comprehensively. This enables us to focus our research and development teams accordingly.

To learn more about VACUUMSCHMELZE/e-VAC Magnetics, visit http://www.vacuumschmelze.com/

Company Contact:
Erik Eschen, Chief Executive Officer
erik.eschen@vacuumschmelze.com
49 6181 38 0

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