Upsizing domestic capabilities through increased operational footprint in the State of Georgia.
ATLANTA, GA, May 01, 2023 /24-7PressRelease/ — SNT Group (the “Company”), a leading integrated manufacturer and supplier of critical minerals and materials (CMMs), is proud to announce its plans to expand and on-shore its manufacturing footprint in the State of Georgia. The move is a testament to SNT Group’s commitment to meeting the growing demand for these essential resources and strengthening America’s domestic supply chain and industrial base.
SNT Group is one of the few vertically integrated North American manufacturers with the ability to provide a comprehensive supply chain solution – from light rare earth elements to heavy rare earth elements to advanced materials to nanomaterials. These critical minerals and materials (CMMs) are core to many commercial and defense applications. These include permanent magnets: which are found in everything from battery electric vehicle (BEV) drivetrain motors to precision guided munitions to petrochemical (FCC) catalysts. FCC catalysts help convert crude oil into various types of fuel. Given the importance of critical minerals in advanced technologies, the market for separated rare earth elements is expected to grow rapidly over the next two decades. As the world becomes increasingly dependent on rare earths and CMMs to power every day life, it is imperative that the United States take significant steps to secure its own supply. SNT Group recognizes this need and is proud to take the lead by expanding its operations and increasing its domestic capabilities in Georgia.
By on-shoring its manufacturing footprint, SNT Group will not only help to create new jobs for the local community but also ensure that the United States remains at the forefront of innovation. This move is a testament to SNT Group’s unwavering commitment to supporting America’s economy and national security while also partnering to develop the next generation of talent.
“We are thrilled to be expanding our footprint helping to power more industry partners who are rapidly shifting to electrification and backstopping companies critical to America’s industrial base as one of the core domestic providers.” said Kevin Feng, VP of Growth at SNT Group. “Our team is not only dedicated to providing high-quality products that companies need to succeed, but also committed to doing so in a way that is environmentally sustainable, socially responsible and very long-standing.”
SNT Group’s decision to expand its operations in Georgia, mainly in Gwinnett (Lawrenceville, Norcross) and Forsyth counties, is a vote of confidence in the state’s business climate and workforce. The company looks forward to partnering with local businesses, government agencies and university systems as we work to grow our manufacturing footprint and meet the increasing demand for SNT products.
SNT Group is a leading vertically integrated manufacturer of advanced materials, nanomaterials, and rare earths critical to the electrification, automotive, defense, and renewable industries. SNT Group is one of the few vertically integrated North American manufacturers with the ability to provide a full supply chain solution from core to end product. More information is available at https://www.sntgroupind.com/.
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