I'd want to advise real caution, here -
The .32 Federal has 2X the opertaing pressure of the .32 H&R Magnum;
45,000 psi vs "only" 21,000 psi - well beyond the ability of many actions to handle.
If you're planning on a Savage 10, 11, 16, etc modern short-action BA rifle, it's probably doable, except that most .32 cal bbls would quickly get shot out at .327 Fed strength.
I'd suggest considering a quality bbl, from an aftermarket/custom barrelmaker.