EV Suppliers

Noveon Magnetics, Inc. is a pioneering U.S. magnet manufacturer specializing in recycled rare-earth magnets. Originally founded as Urban Mining Co. in 2014, Noveon uses a patented “magnet-to-magnet” recycling process to produce high-performance NdFeB magnets from end-of-life materials. This eco-friendly approach yields magnets with top-tier properties while using 90% less energy than traditional methods. Noveon’s EcoFlux™ magnets are heavy rare earth-free, offering a sustainable, cost-effective option for EV motors, wind turbines, and industrial robots. With its new Texas facility, Noveon is scaling up production (including a five-year, 1,000+ ton magnet supply agreement with Nidec Motor) to serve automotive and clean energy markets. Backed by advanced R&D and an experienced team, Noveon delivers magnets with lower environmental impact and reliable performance. The company is positioned as a domestic, closed-loop magnet supplier, reducing supply chain risk and supporting a greener future.

Star Group Ind. (SGI) is a South Korean magnet manufacturer renowned for high-performance rare earth magnets. With extensive know-how and patents, SGI produces advanced Nd–Fe–B (Neodymium) magnets for electric vehicle motors and other demanding applications. The company is expanding globally – partnering with POSCO to establish magnet production in the US – to supply magnets using non-Chinese rare earth sources. Founded in 1994, SGI has become South Korea’s leading rare earth magnet producer. Their commitment to innovation (e.g. proprietary split-magnet designs to reduce eddy currents) and quality makes SGI a reliable partner for automotive OEMs seeking top-tier magnet solutions.

Electron Energy Corporation (EEC) is an expert developer and leading American producer of rare earth magnets and assemblies. Founded in 1970, EEC pioneered samarium-cobalt magnet technology for high-performance aerospace and defense applications. The company operates two facilities in Pennsylvania totaling 84,800 sq. ft., where it produces SmCo and NdFeB magnets, custom magnetic assemblies, and transformer components. EEC’s vertically integrated capabilities include in-house alloy development, casting/sintering, precision CNC machining, and rigorous testing to meet the most demanding specifications. Its magnets power mission-critical systems like fighter jet actuators, guided missiles (e.g. Patriot), UAVs, and naval reactors. With a staff of about 130 and ITAR-compliant processes, EEC serves as a virtual “in-house” magnet technology partner to major military, aerospace, medical, and oil exploration customers. The company’s long history of innovation and quality ensures reliable magnet solutions for extreme environments and exacting standards.

Thomas & Skinner, Inc. is the world’s leading manufacturer of cast and sintered Alnico magnets, magnetic assemblies, and transformer laminations. Founded in 1901 and now 100% employee-owned, the company also produces soft ferrite cores through its Ceramic Magnetics subsidiary and fabricates tungsten heavy alloy components for defense and aerospace. Thomas & Skinner’s magnetic materials are critical to strategic military systems – its high-coercivity Alnico magnets and custom assemblies are used in jet aircraft, missiles, naval systems, and space applications (requiring extreme heat resistance and stability). The company maintains an ITAR-compliant facility in Indiana and adheres to strict quality standards (ISO 9001 certified) to support defense and nuclear customers. With over a century of metallurgical expertise, Thomas & Skinner provides consistently high-performance magnets and alloys, partnering with clients to meet the toughest magnetic design challenges.