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MP Materials has received a $58.5 million award to advance its construction of America’s first fully-integrated rare earth magnet manufacturing facility, pictured in October 2023, Fort Worth, Texas [Photo: Business Wire]
Over $58M Awarded to Advance Fort Worth Rare Earth Magnet Manufacturing Plant
by David Seeley | Apr 1, 2024
Las Vegas-based MP Materials—which began building the plant in 2022 at Hillwood's AllianceTexas—plans to produce ""precursor materials" at the facility this summer, and "finished magnets" by late 2025. The critically needed products will be delivered to General Motors to power EVs—and help "bring the supply chain home" to the U.S.
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North Texas is a big place, with plenty to do, see, hear, and watch. So, we scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
As an entrepreneur, you’re driven by passion, innovation, and the thrill of building something from the ground up. Exiting a business is a significant milestone that every business owner will eventually face, yet many entrepreneurs overlook the importance of strategic exit planning until it’s too late....
Survivors of domestic violence are finding new roads to financial independence through a partnership between Genesis Women’s Shelter and Support, On the Road Garage and Capital One.
The goal is to help domestic violence survivors who seek shelter and support at the Dallas-based women’s shelter to experience the life-changing power of valuable skills, financial education and support, and living wage work....
Two innovative leaders in local real estate have been inducted into the 36th annual North Texas Commercial Real Estate Hall of Fame in cooperation with NTCAR. Bill Vanderstraaten and Scott Rohrman were inducted in an event May 1 at the Arts District Mansion in downtown Dallas....
Global law firm Norton Rose Fulbright’s intellectual property practice has added partners Rhiannon D’Agostin and Adam Rehm as well as counsel Zack Cleary. It said this team of lawyers joins the firm’s patents practice from Polsinelli....
Andy Klinck has been appointed senior vice president of operations at Fort Worth-based US Rail and Logistics, a leader in North American rail and logistics solutions.
The company said Klinck has a proven track record in logistics and supply chain management and brings a wealth of experience and strategic insight to his new role....
Trending
North Texas is a big place, with plenty to do, see, hear, and watch. So, we scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
As an entrepreneur, you’re driven by passion, innovation, and the thrill of building something from the ground up. Exiting a business is a significant milestone that every business owner will eventually face, yet many entrepreneurs overlook the importance of strategic exit planning until it’s too late....
Survivors of domestic violence are finding new roads to financial independence through a partnership between Genesis Women’s Shelter and Support, On the Road Garage and Capital One.
The goal is to help domestic violence survivors who seek shelter and support at the Dallas-based women’s shelter to experience the life-changing power of valuable skills, financial education and support, and living wage work....
Two innovative leaders in local real estate have been inducted into the 36th annual North Texas Commercial Real Estate Hall of Fame in cooperation with NTCAR. Bill Vanderstraaten and Scott Rohrman were inducted in an event May 1 at the Arts District Mansion in downtown Dallas....
Global law firm Norton Rose Fulbright’s intellectual property practice has added partners Rhiannon D’Agostin and Adam Rehm as well as counsel Zack Cleary. It said this team of lawyers joins the firm’s patents practice from Polsinelli....
Andy Klinck has been appointed senior vice president of operations at Fort Worth-based US Rail and Logistics, a leader in North American rail and logistics solutions.
The company said Klinck has a proven track record in logistics and supply chain management and brings a wealth of experience and strategic insight to his new role....
