Cyclic Materials to build first east coast facility in Chesterfield County

Cyclic Materials, a Toronto-based company specializing in recycling rare earth elements, will establish its first east coast operation in Chesterfield County, investing more than $82 million and creating 90 highly skilled jobs, state officials announced.
The company plans to build a co-located processing and manufacturing facility in the Alligator Industrial Park in McBee.
Once operational, the facility will produce copper, steel, aluminum, and mixed rare earth oxide recovered from end-of-life products, offering a more environmentally sustainable alternative to traditional supply chains.
Operations are expected to come online in 2028.
Cyclic Materials’ expansion marks a significant milestone for Chesterfield County and rural South Carolina, local and state leaders said.
The project received approval from the Coordinating Council for Economic Development, which authorized job development credits and awarded a $500,000 Set-Aside grant to Chesterfield County to help cover building improvement costs.
Cyclic Materials CEO and founder Ahmad Ghahreman said the decision reflects a broader strategy to strengthen domestic recycling and manufacturing networks.
“By expanding our footprint in the Southeast, we are positioning Cyclic Materials closer to partners, customers, talent and infrastructure that are critical for scaling secure and circular supply chains at a national level,” said Ghahreman in a press release. “This investment strengthens our ability to support American manufacturing and build a more resilient domestic rare earths and critical metals ecosystem.”
Gov. Henry McMaster said the announcement underscores South Carolina’s appeal to advanced manufacturing companies.
“Cyclic Materials’ new facility in Chesterfield County reflects the confidence companies have in South Carolina’s workforce and our ability to support advanced manufacturing,” McMaster said. “This over $82 million investment will bring jobs to the community and strengthen the local economy.”
Secretary of Commerce Harry M. Lightsey III echoed McMaster.
“With the addition of 90 jobs, Cyclic Materials’ decision to establish operations in South Carolina is a testament to the outstanding economic development happening throughout our state,” Lightsey said.
Chesterfield County Council Chairwoman Mary Anderson called the project one of the most significant manufacturing investments in the county’s history.
“This investment signals strong confidence in our workforce and long-term economic future,” said Anderson. “Its impact will extend far beyond McBee, driving job creation, attracting new investment and strengthening workforce development for generations to come.”
More information about employment opportunities with Cyclic Materials is available at cyclicmaterials.earth/work-with-us