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Permag Invests to Expand Domestic Samarium Cobalt Magnet Manufacturing

The only US-based producer of these magnets will establish a secure, domestic supply chain of critical magnetics

Quality Digest
Wed, 09/10/2025 - 12:01
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(Permag: Lancaster, PA) -- Permag, the only U.S.-based producer of samarium cobalt (SmCo) magnets, announced an aggressive expansion of its magnetic manufacturing capacity to ensure a continued, secure, robust, and resilient domestic supply chain of critical magnetics.

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Permag is making a multimillion-dollar investment in its Electron Energy Corporation (EEC) facility in Lancaster, Pennsylvania, to expand its magnetic manufacturing capacity. The plan began several months ago and more than doubles its production capacity. The expansion includes alloying, pressing, and fabrication equipment to support the growing demands of its customers directly and through the other Permag companies—Dexter Magnetic Technologies and Magnetic Component Engineering (MCE).

Following this initial expansion, EEC intends to further invest in additional SmCo production capacity to help meet growing demand.

 …

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Comments

Submitted by Lauren Warner (not verified) on Thu, 09/18/2025 - 12:31

The Wrong Permag is Linked to this article

Hello, my Name is Lauren, I am the digital marketing Manger at Permag. I have noticed that the wrong Permag is listed in your article. This is Permag in LANCASTER, Pa, our website is www.permag.com. Can you please update your website to reflect that?

Thanks,

Lauren

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Submitted by Megan Wallin-Kerth on Thu, 09/25/2025 - 08:25

In reply to The Wrong Permag is Linked to this article by Lauren Warner (not verified)

Thank you, Lauren. Yes, it…

Thank you, Lauren. Yes, it should be fixed now. 

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