{"id":182101,"date":"2026-02-27T00:26:07","date_gmt":"2026-02-27T00:26:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/182101\/"},"modified":"2026-02-27T00:26:07","modified_gmt":"2026-02-27T00:26:07","slug":"northlake-to-be-home-of-mp-materials-1-25-billion-manufacturing-campus-10x","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/182101\/","title":{"rendered":"Northlake to be home of MP Materials\u2019 $1.25 billion manufacturing campus 10X"},"content":{"rendered":"

\t\t\t\t\t\t\tMP Materials Corp.<\/a> announced it has selected a 120-acre site in Northlake for its 10X campus, a planned large-scale earth magnet manufacturing campus in the Alliance area of Fort Worth.<\/p>\n

Located less than 10 miles from another MP Materials\u2019 Independence facility in Fort Worth, the 10X facility is expected to contribute to the company\u2019s total production capacity of approximately 10,000 metric tons of neodymium-iron-boron, or NdFeB, rare earth magnets<\/a> per year once it is operational, according to a news release.<\/p>\n

\u201cHardworking Texans will advance America\u2019s semiconductor manufacturing independence,\u201d Gov. Greg Abbott said in a statement released from his office. \u201cThis Texas-sized investment by MP Materials in Northlake will create more than 1,500 corporate, manufacturing and engineering jobs and dramatically expand domestic manufacturing of rare earth magnets to reduce reliance on foreign supply chains. This expansion in North Texas reflects the strength of our skilled and growing workforce and our advanced manufacturing expertise. Working together with innovative industry partners, Texas will accelerate America\u2019s leadership for decades to come.\u201d<\/p>\n

The release states the groundbreaking will happen soon and equipment and engineering procurement are underway, set to commence in 2028.<\/p>\n

The new manufacturing facilities would be located at Harmonson Road and Farm Road 156 in Northlake, according to previous Community Impact reporting<\/a>.<\/p>\n

A closer look<\/p>\n

The site, which will be acquired from Hillwood, is within the AllianceTexas development and was selected following a national site evaluation process led by CBRE<\/a>, a commercial real estate company.<\/p>\n

MP Materials is expected to invest more than $1.25 billion into the project and create 1,500 direct manufacturing and engineering jobs with an average annual salary of $74,315, according to previous reporting.<\/p>\n

The 10X campus will be the cornerstone of MP Material\u2019s public-private partnership<\/a> with the U.S. Department of Defense, which was announced last July, for department and commercial customers. According to that news release, the move was made to reduce foreign dependency on the magnet supply chain. The NdFeB magnets are used for electric vehicles, robotics, hard drives, medical equipment and headphones.<\/p>\n

\u201c10X is about building industrial strength at a scale the United States has not seen in generations, and the exceptional talent and infrastructure in North Texas make it possible,\u201d said James Litinsky, the founder, chair and CEO for MP Materials. \u201cWe are advancing key objectives under our public-private partnership with the Department of War and accelerating America\u2019s rare earth and magnet independence with an uncompromising focus on speed, execution and delivery.\u201d<\/p>\n

The company produces United States-sourced and manufactured rare earth materials, alloy and finished magnets for the electric motors in more than a dozen models for General Motors, according to its website.<\/p>\n

The light and heavy rare earth raw materials necessary to support 10X will be sourced from MP\u2019s processing facility in Mountain Pass, California. Scrap from Texas magnet production will be reintegrated into MP\u2019s short\u2011loop and long\u2011loop recycling circuits in Texas and California, according to a news release.<\/p>\n

Quote of note<\/p>\n

\u201cAllianceTexas continues to attract advanced manufacturing that creates jobs, diversifies our economy and strengthens America\u2019s supply chain,\u201d Hillwood Chair Ross Perot Jr. said in a news release. \u201cMP Materials has been a strong partner, and this competitive project demonstrates how city, county, and state leaders work together to secure significant new investment in North Texas.\u201d<\/p>\n

The breakdown<\/p>\n

This project has backing from the state of Texas, Denton County and the city of Northlake, which all approved a comprehensive incentive package totaling roughly $200 million over more than a decade, including grants, abatements and exemptions. The package includes more than $66 million in grants from the Texas Enterprise Fund<\/a> and Texas Semiconductor Innovation Fund, according to a news release.<\/p>\n

Denton County commissioners approved a 10-year tax abatement<\/a> during the Jan. 29 meeting, according to previous reporting.<\/p>\n

The move allows MP Materials to incur a 10-year tax break of 50% of real and personal property taxes, which will add up to $9.3 million, according to Denton County documents.<\/p>\n

\u201cDenton County is proud to lead in advanced manufacturing, and MP Materials\u2019 decision to locate in Denton County will play a pivotal role in strengthening U.S. rare earth production,\u201d Denton County Judge Andy Eads said in a news release. \u201cThis facility will create high-quality jobs and reinforce the nation\u2019s leadership in critical technologies.\u201d<\/p>\n

Northlake Town Council approved<\/a> the tax abatement at its Jan. 22 meeting.<\/p>\n

The backstory<\/p>\n

MP Materials received a $58.5 million award<\/a> to advance its construction of America\u2019s first fully integrated rare earth magnet manufacturing facility in AllianceTexas, according to previous reporting. The facility commenced commercial production<\/a> of rare earth metals Jan. 22, 2025.<\/p>\n

MP Materials signed a long-term agreement worth $500 million with Apple<\/a> to supply the technology giant with rare earth magnets, as previously reported.<\/p>\n

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