Consarc Corporation and Vulcan Elements Partner to Advance U.S. Rare Earth Magnet Production with Commissioning of New Strip Casting Furnace
[Rancocas, NJ and Durham, NC] – Consarc Corporation, a U.S.-based leader in vacuum furnace technology, and Vulcan Elements, a North Carolina-based rare earth magnet manufacturer, are proud to announce the successful delivery and commissioning of a Vacuum Induction Melting Strip Casting Furnace (VIM-SC) at Vulcan Elements’ new facility. This collaboration marks a significant milestone in the effort to re-shore rare earth magnet production and strengthen U.S. national security and supply chain resilience.
The state-of-the-art VIM-SC furnace, engineered and manufactured by Consarc in New Jersey, is now fully operational at Vulcan Elements’ facility in North Carolina’s Research Triangle Park. This furnace enables the rapid solidification of Neodymium Iron Boron (NdFeB) alloys—critical materials for high-performance magnets used in electric vehicles, wind turbines, and advanced electronics.
“As a wholly U.S.-owned manufacturer of vacuum induction melting (VIM) technology capable of casting NeFeB and other critical alloys, Consarc is proud to play a vital role in reestablishing America’s rare-earth magnet manufacturing base,” said Jai Narayan, President of Consarc Corporation. “Our capabilities support national security, clean energy, and advanced manufacturing by ensuring a reliable domestic supply of this critical technology.”
“Vulcan Elements’ mission is to onshore a secure, traceable, and transparent rare earth magnet supply chain,” said John Maslin, Chief Executive Officer of Vulcan Elements. “To meet that mission, America needs a strong and resilient manufacturing equipment base. As demonstrated by this newly-commissioned strip casting furnace, Consarc is a core part of that ecosystem, and Vulcan Elements is committed to developing and galvanizing domestic equipment production by working with partners like Consarc.”
As the only U.S. supplier of both pilot and production-scale strip casting furnaces, Consarc was selected to supply the VIM-SC furnace, beginning a partnership that can grow with Vulcan’s expanding operations. Uniting technical innovation and a shared mission to rebuild domestic supply chains, Consarc Corporation and Vulcan Elements are working to secure a more resilient and competitive future for the U.S. and its allies.
About Consarc Corporation
Consarc Corporation, an Inductotherm Group company, develops and manufactures high-performance vacuum and controlled atmosphere melting furnaces used in advanced materials processing. As a US-owned and operated supplier of pilot-plant and production-scale strip casting furnaces, Consarc fills a key position in the restoration of the US rare earth magnetic supply chain. With a strong legacy of American innovation dating back over 60 years, Consarc is recognized worldwide for its leadership in furnace technology and commitment to excellence.
About Vulcan Elements
Vulcan Elements manufactures permanent sintered Neodymium Iron Boron magnets for commercial applications and many others. Vulcan Elements is committed to strengthening the domestic rare earth magnet supply chain by advancing technological innovations, galvanizing America’s manufacturing base and workforce, and collaborating with public and private sector stakeholders.
Media Contacts
George Bernhard – Technology and Process Development Manager, Consarc Corporation gbernhard@consarc.com
Jonah Glick-Unterman – Chief of Staff, Vulcan Elements jonah@vulcanelements.com