VULCAN ELEMENTS

North Carolina

ADVANCED TECHNOLOGY

AT A GLANCE

PROJECT SIZE: TBD

PROJECT TYPE: ADVANCED TECHNOLOGY

SERVICES: STRATEGIC ADVISORY

LOCATION: NC

TIMELINE: 2024

PROGRAM

H2 Hazard Area

R&D Lab

Production

Manufacturing

QA/QC

We provided strategic advisory services for Vulcan Elements, a company in the pilot stage of manufacturing rare earth magnets, as they plan to scale up to a larger production facility to meet increasing U.S. demand. Our role included evaluating optimal locations for a heavy power user with high-hazard processes and accessible distribution channels to service sectors such as electric vehicle manufacturers, wind turbines, consumer electronics, defense applications, and more.

A key challenge with startups at this stage is ensuring their dollars go a long way. Finding the most cost-effective facility that meets all specific building and operational requirements is critical for success. This process required identifying sites that could support complex, large-scale manufacturing operations, while considering factors like power availability, safety regulations, and logistical efficiencies. The project is critical to Vulcan's mission to enhance production capacity while positioning the company for long-term growth in key industries.

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