Niron Magnetics: Niron Magnetics awarded $50M in federal aid for Sartell manufacturing plant
Niron Magnetics Inc. has been awarded over $52 million in federal tax credit dollars to construct its rare-earth-free magnet manufacturing facility in Sartell.
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Niron is a Minnesota-based company that manufactures and distributes rare earth-free permanent magnets for industries including automotive and HVAC.
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