Magnet manufacturer developing $1.25B industrial project 

NORTHLAKE – MP Materials Corp. has selected a 120-acre site at AllianceTexas to develop 10X, a large-scale rare earth magnet manufacturing campus.  The company plans to invest $1.25 billion in the project, which is expected to create more than 1,500 manufacturing and engineering jobs.  MP Materials expects to break ground soon.  The post Magnet manufacturer developing $1.25B industrial project  appeared first on Texas Real Estate Research Center.