e-VAC Magnetics in Sumter to receive $111M grant from feds | Columbia Business
E-VAC Magnetics, which is set to bring 300 jobs to Sumter, will get $111M through the federal government through the Qualifying Advanced Energy Project Credit.
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E-VAC Magnetics, which is set to bring 300 jobs to Sumter, will get $111M through the federal government through the Qualifying Advanced Energy Project Credit.
SUMTER — A German company planning to open its first U.S. facility in Sumter for producing magnets used in electric vehicles has received an additional $111 million from the federal government. …
South Carolina is building on its multi-decade track record of economic development success and proven ability to help companies thrive.
EV battery maker AESC expanding in Florence County, SC, and Amazon is expanding in the state with a same-day delivery facility in North Myrtle Beach.
AESC, a world-leading battery technology company, announced Tuesday the expansion of its lithium-ion electric vehicle battery manufacturing operations in Florence County.