# MP Materials builds rare earth magnet factory in Fort Worth

MP Materials is building its first full-fledged rare earth magnet factory in Fort Worth, Texas, at 13840 Independence Pkwy. in Alliance, to supply magnets for electric motors, including a contract with General Motors.

- Type: New facility
- Announced: 2026-10-02
- Where: Fort Worth, Texas, United States
- Status: under construction
- Products: rare earth magnets for electric motors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [MP Materials](https://endata.com/companies/37829.md)
- [General Motors](https://endata.com/companies/4654.md) (customer)

## Sources

- [hillwood.com](https://www.hillwood.com/newsroom/news-articles/how-mp-materials-picked-fort-worth-to-restart-us-rare-earth-supply-chain/), 2026-10-02: "MP executives later chose a site in northern Fort Worth, about a 12-minute drive away at 13840 Independence Pkwy. in Alliance, for their first full-fledged factory."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.