Daebo Magnetic, the global No.1 specialist company in electromagnetic iron removers (EMF), is intensifying its push into the U.S. market. On the 28th, Daebo Magnetic announced that it will establish a local subsidiary, ‘DAEBO MAGNETIC USA,’ in Nashville, Tennessee. Amid the recent strengthening of protectionist policies by the U.S. government through various tariffs, Daebo Magnetic plans to minimize tariff risks and maximize performance through its local subsidiary.
The newly established U.S. subsidiary will produce high-performance electromagnetic iron removers and post-processing equipment. Electromagnetic iron removers are key devices capable of removing iron (Fe) contained in secondary battery materials down to the PPB (parts per billion) level. Daebo Magnetic plans to first build a high-efficiency production system through state-of-the-art automated facilities based on PLC (Programmable Logic Controller) technology for the U.S. subsidiary. Additional investments are also being considered in line with the business expansion of the U.S. subsidiary.
Daebo Magnetic is actively pursuing a localization strategy to strengthen its global market competitiveness. It plans to establish an independent supply chain facility covering everything from material procurement, production, quality control, to distribution within the U.S., and secure technical service and maintenance infrastructure. Through this, it aims to expand its market to major U.S. battery production hubs such as Ohio, Michigan, and Georgia, as well as Canada in the future.
Since 2020, Daebo Magnetic has entered the global big market by supplying equipment to major battery manufacturers in the North American region. The company explained that to ensure the successful establishment of the U.S. subsidiary, it will strengthen partnerships with secondary battery manufacturers and raw material suppliers based on its existing major global networks.
A Daebo Magnetic official said, “By establishing the U.S. subsidiary, we have been able to resolve risks arising from changes in tariff policies and build a stable supply chain within the U.S.,” adding, “We will achieve sales growth overseas through additional contracts with major global companies this year.”
He continued, “Currently, Daebo Magnetic holds a 70% market share in the global market for iron removers used in electric vehicle and energy storage system (ESS) battery manufacturing,” and added, “We will continue to diversify our product lineup and expand the global market to maximize performance and leap forward as a global leading company.”
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