America Turns the Magnet Back On: How Sumter, South Carolina Became the Center of a Historic Comeback in U.S. High-Tech Manufacturing
For the first time in a quarter century, a strategically critical rare-earth permanent magnet has been manufactured on American soil—and it happened in Sumter, South Carolina. On November 7, 2025, standing on the factory floor of the new e-VAC Magnetics facility, U.S. Treasury Secretary Scott Bessent captured the moment in a single line that instantly ricocheted across the technology and manufacturing world: ““This is the first magnet made in the U.S. in 25 years — we’re ending China’s chokehold on our supply chain.