reshoring manufacturing fort worth

Ross Perot Jr., chairman of The Perot Group, and James Latinsky, MP Materials co-founder and CEO a the site of MP Materials new U.S. magnet factory at AllianceTexas in Fort Worth.

Construction Begins in Fort Worth on America’s First Rare Earth Magnet Manufacturing Facility

Through a long-term agreement with General Motors, MP Materials is bringing its MP Magnets division to AllianceTexas and today began building a new, 200,000-square-foot rare earth magnetics and materials manufacturing facility.

The goal: Reshore this critical component for America's EV batteries, robots, drones, defense systems, and other tech. “We’ll bring the supply chain home,” MP's CEO promised today.
MORE
Plug-and-Play Power: Fort Worth Tech Manufacturer Expands Production of Smart Electric Motors for e-Mobility
by | Jul 28, 2020
The technological advancement of these motors has "as big of an impact on minimizing global energy consumption as any major battery breakthrough could have," says Linear Labs' VP of Technology.

Four M200 motors in a four-wheeled vehicle "can provide more peak torque than a 2020 Porsche 911 Carrera S engine."
MORE