If a magnet industry cluster is critical for knowledge spillover, and ultimately innovation, to occur, the question that naturally follows is, “Does a magnet industry cluster exist in the US?” I believe it does, though in a weakened state. If you take a US map and put one point of a compass on Dayton, Ohio, extend the other point out roughly 500 miles and draw a circle, you’ll capture the bulk of what is left of the US magnet industry cluster. It’s a wide swath in the center of the US. In the past, this cluster was much more vibrant. It contained many more participants in all areas, including suppliers, manufacturers and consumers. Our goal, return specific portions of the Magnet Industry to the US to improve security of our military and to provide jobs.