USA Rare Earth Blacksburg Manufacturing Facility

USA Rare Earth announced an approximately $1.2 billion investment to build its first South Carolina operation at Bailey Park in Blacksburg, expected to create about 490 new advanced-manufacturing jobs. The 800,000-square-foot Cherokee County campus will produce refined rare earth metals and neodymium-iron-boron (NdFeB) permanent magnets, with commissioning targeted to begin in 2028.

Investment
approximately$1.20B
Permanent jobs announced
approximately490
Status
Under Construction
Expected opening
April 2028
Why this project qualifies

With approximately $1.2 billion in facility-specific investment and approximately 490 permanent operating jobs announced, this project clears both of AFT's qualifying thresholds ($100 million in facility-specific investment OR 100 permanent operating jobs). It is also confirmed by official public sources and involves a physical manufacturing facility in the United States.

View full methodology →
Why it matters

The critical minerals & magnets context.

Facilities that separate, refine, convert, or recover critical minerals into metals, oxides, or chemical compounds, plus facilities manufacturing finished permanent magnets of any chemistry, including magnets made without rare earths. Battery-specific active materials belong in Battery Manufacturing. For other integrated activities, classify by the primary stated output.

Project record

At a glance

Company
USA Rare Earth
Industry
Critical Minerals & Magnets
Location
Blacksburg, South Carolina
Investment
Approximately $1.20B
Permanent jobs announced
Approximately 490
Status
Under Construction
Announced
Jun 3, 2026
Expected opening
April 2028
Added to tracker
Sep 23, 2026
Sources

Official references

Cite this project

American Factory Tracker. "USA Rare Earth Blacksburg Manufacturing Facility, Blacksburg, SC." https://americanfactorytracker.com/projects/usa-rare-earth-blacksburg-manufacturing-facility. Accessed November 4, 2026.

Please also cite the original sources listed above for underlying figures.

Back to the tracker/projects/usa-rare-earth-blacksburg-manufacturing-facility

Follow America's Industrial Growth

New industrial projects, permanent manufacturing jobs, and progress across the country, delivered in the AFT Briefing, our free newsletter.

GET THE AFT BRIEFING