In this episode of Leveraged Storytelling, host Arick Wierson sits down with Jonathan Rowntree, CEO of Niron Magnetics—one of the most exciting technology companies in Minnesota—for a conversation about magnets, manufacturing, and the future of American industry.
Rowntree explains how Niron is developing powerful permanent magnets without relying on rare earth elements or other critical minerals—an innovation with far-reaching implications for global supply chains, national security, clean technology, and the accelerating electrification of the economy.
The conversation explores why magnets matter far more than most people realize, powering everything from smartphones and electric vehicles to data centers, defense systems, robotics, and next-generation industrial motors. As demand continues to surge, Niron is building a new domestic manufacturing model based on abundant raw materials, cutting-edge science, and high-quality American jobs.
Arick and Jonathan also discuss Niron’s Minnesota roots, the company’s ambitious manufacturing expansion plans, and what it takes to transform a breakthrough in materials science into a globally competitive industrial business. It’s a conversation about innovation, resilience, and how one of Minnesota’s most exciting companies is helping shape the future—one magnet at a time.