Sartell Plant 1 iron nitride magnet factory
Niron Magnetics, Sartell, Stearns County, Minnesota
Sartell Plant 1 iron nitride magnet factory in Sartell, Minnesota is Niron Magnetics’ plant for rare-earth-free iron nitride permanent magnets. Status: announced as of October 20, 2025. Primary source: nironmagnetics.com, checked November 12, 2026.
- Status
- Announced
- Announced investment
- Not stated
- Announced jobs
- 175
- Industry
- Electrical equipment
- Sheet
- MN-05
- Revised
- November 12, 2026
Status timeline
- Groundbreaking (reported)mining.com
- Announcednironmagnetics.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 | Niron Magnetics |
|---|---|
| Plant | Sartell Plant 1 iron nitride magnet factory |
| Location | Sartell, Stearns County, Minnesota |
| Industry | Electrical equipment |
| Product | Rare-earth-free iron nitride permanent magnets |
| Announced investment | Not stated$10 million Minnesota Forward Fund grant; total private investment not stated. |
| Announced jobs | 175 |
| Last checked | November 12, 2026 |
No primary source we found states the announced investment, so we leave it blank rather than estimate.
Sources
- Niron Magnetics receives Minnesota Forward Fund award to advance Sartell manufacturing facility (company release, nironmagnetics.com, checked November 12, 2026)
- Niron breaks ground on rare earth-free magnet manufacturing plant in Minnesota (news report, mining.com, checked November 12, 2026)
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