New Strip Casting Furnace Commissioned in U.S. Collaboration

A vacuum induction melting strip casting furnace (VIM-SC) was commissioned for a manufacturer in North Carolina.

Consarc Corporation and Vulcan Elements announced the commissioning and delivery of the furnace at Vulcan Elements’ new facility in North Carolina’s Research Triangle Park. The collaboration marks a significant milestone in the effort to re-shore rare earth magnet production and strengthen supply chain resilience.

Source: Consarc

This furnace enables the rapid solidification of Neodymium Iron Boron (NdFeB) alloys—critical materials for high-performance magnets used in electric vehicles, defense systems, wind turbines, and advanced electronics.

Jai Narayan
President
Consarc Corporation
Source: Linkedin

“Consarc is proud to play a vital role in reestablishing America’s rare-earth magnet manufacturing base,” said Jai Narayan, president of Consarc Corporation.

John Maslin, chief executive officer of Vulcan Elements said, “Vulcan Elements’ mission is to onshore a secure, traceable, and transparent rare earth magnet supply chain…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.”

John Maslin
CEO
Vulcan Elements
Source: Vulcan Elements

Press release is available in its original form here.