Noveon Magnetics Inc.

Noveon Magnetics Inc. is a U.S.-based manufacturer of rare earth permanent magnets, with a focus on neodymium‑iron‑boron (NdFeB) materials used in high‑performance motors, generators, sensors, and magnet assemblies. The company serves applications across electric mobility, renewable energy, industrial automation, consumer electronics, and defense.

Noveon emphasizes domestic production and supply chain resilience by integrating recycled end‑of‑life magnets and manufacturing scrap with primary rare earth inputs. Its capabilities span powder production, magnet manufacturing (including pressing and sintering), precision machining, coating, and testing, supporting traceable, U.S.-made magnets and assemblies for customers seeking localized sourcing.