VAC, eVAC acquisition will create integrated rare earth magnet platform

Private equity firm partner discusses benefits of recent merger

BY BRUCE MILLS
bruce@theitem.com
Posted 7/11/26

In a move to create an integrated domestic business model from raw material to the finished product for rare earth magnets, a U.S.-based critical minerals company has acquired a growing local manufacturer's parent firm.

In a June 23 announcement, …

This item is available in full to subscribers

Subscribe to continue reading. Already a subscriber? Sign in

Local reporters bringing you local news. Stay in the know about all things Sumter.

You can cancel anytime.
 

x