Rapidly expanding magnetics company Quadrant plans to build a new 171,000-square-foot rare earth magnet manufacturing plant, to be called its Neograss campus, in Louisville, Kentucky. Quadrant is planning to invest $95 million in the multi-year expansion and employ about 200 people there.
“We believe that Project NeoGrass is the blueprint that the magnetics industry and our customers need. It is a revitalization of rare earth manufacturing and research & development in the U.S.,” said Michael Brand, president of Quadrant International. The company is headquartered in San Diego, California and has multiple operations sites worldwide.
Project NeoGrass will facilitate manufacturing, design and engineering, material research, quick-turn prototypes, assemblies, and offer an entire pipeline from prototype to mass production. It will utilize green energy in its operations, recycle production materials, and be constructed to care for the resources surrounding the area, the company said.
Plans for Neograss were unveiled January 28 in a joint announcement with the state of Kentucky and local officials. Governor Andy Beshear announced the plans. “As electric vehicle production continues to ramp up across the automotive sector, we will continue to see growth of EV-related companies in the commonwealth,” he said. “This investment and job creation will position Quadrant to capitalize on a burgeoning market, and I am thrilled to welcome the company’s growth in Kentucky.”
Quadrant has operated an engineering, machining and assembly hub in Louisville since 2001, and built a new expanded facility there in 2019. The new location builds on the company’s goal to build a world-class magnetics, manufacturing and research campus and positions the company and community as leaders in attracting a critical and innovative industry back to the U.S., it said.
Founded in 1992, Quadrant is headquartered in San Diego, California, with operations in the U.S., Australia, China, Germany, Japan, South Korea and Vietnam. The company also operates a research, prototyping and testing facility, known as Lab Magnetics, in Silicon Valley. It was expanded to a 31,000-sq ft innovation hub in 2021. Last year also saw other expansions by the company, among them the establishment of Quadrant GmbH as a design, engineering and sales company in Hanau, Germany; the establishment of Quadrant Japan in Osaka for magnetics design, engineering and sales in the Asia-Pacific region; and the building of a new production center in Vietnam for magnetic assemblies and modules.
Quadrant works with high-tech companies from concept to mass production of magnet-related products including material selection, engineering and design services and prototype development. For more info, see and www.quadrant.us.