Cherokee County rare earth magnet and metals plant (Bailey Park)
USA Rare Earth, Inc., Blacksburg, Cherokee County, South Carolina
Cherokee County rare earth magnet and metals plant (Bailey Park) in Blacksburg, South Carolina is USA Rare Earth, Inc.’s plant for ndFeB permanent magnets and refined rare earth metals. Status: announced as of June 2, 2026. USA Rare Earth, Inc. announced $1.2 billion and 490 jobs. Primary source: sccommerce.com, checked November 12, 2026.
- Status
- Announced
- Announced investment
- $1.2 billion
- Announced jobs
- 490
- Industry
- Other manufacturing
- Sheet
- SC-47
- Revised
- November 12, 2026
Status timeline
- Announcedsccommerce.com
Filled dots are confirmed by a company, state, SEC or federal source. Dashed dots come from news reports only. Investment and job figures are as announced, not achieved.
Plant facts
| Company | USA Rare Earth, Inc. |
|---|---|
| Plant | Cherokee County rare earth magnet and metals plant (Bailey Park) |
| Location | Blacksburg, Cherokee County, South Carolina |
| Industry | Other manufacturing |
| Product | NdFeB permanent magnets and refined rare earth metals |
| Announced investment | $1.2 billionRelease states approximately $1.2 billion |
| Announced jobs | 490 |
| Last checked | November 12, 2026 |
Sources
- USA Rare Earth selects Cherokee County for first South Carolina operation (state release, sccommerce.com, checked November 12, 2026)
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