Chesterfield County will be the future home of Cyclic Materials' first East Coast operation, the South Carolina Department of Commerce announced Thursday. The $82 million investment will create 90 highly skilled jobs.
The Canada-based company is a leader in recycling solutions for rare earth elements, using innovative technology to source the materials from end-of-life products. The new Hub and Spoke campus, located in McBee's Alligator Industrial Park, will produce copper, steel, aluminum and mixed rare earth oxide.
Cyclic Materials CEO and Founder Ahmad Ghahreman says the company's decision to invest in South Carolina reflects a deliberate strategy to grow a strong, interconnected U.S. recycling network.
"The investment strengthens our ability to support American manufacturing, accelerate the commercialization of critical technologies, and build a more reliable and resilient domestic rare earths and critical metals ecosystem," Ghahreman said.
The McBee campus will be Cyclic Materials' second U.S. Spoke facility and the company's largest Hub facility to date.
Chesterfield County Council Chairwoman Mary Anderson says the investment marks a historic milestone for the county and for rural South Carolina.
"By betting big on communities like ours, this investment—one of the largest manufacturing commitments in the county’s history—signals strong confidence in our workforce and long-term economic future," Anderson said. "Its impact will extend far beyond McBee, driving job creation, attracting new investment, strengthening workforce development and building a more resilient economy for generations."
Operations are slated to begin in 2028. Anyone interested in joining the Cyclic Materials' team should visit the company’s careers page.