DEMS0000072
Cooperative Agreement
Overview
Grant Description
Bipartisan Infrastructure Law (BIL) - Advanced metals and component manufacturing facility to boost domestic supply chain resiliency of transformers and motors for grid and electric vehicle applications.
The objective of the project is to establish 10,000 tons per year of soft magnetic amorphous metal production capacity capable of meeting distribution transformer standards.
The objective of the project is to establish 10,000 tons per year of soft magnetic amorphous metal production capacity capable of meeting distribution transformer standards.
Awardee
Funding Goals
THE PROGRAM WILL PROVIDE UP TO $350 MILLION IN SUPPORT OF PROJECTS BY SMALL AND MEDIUM-SIZED MANUFACTURING FIRMS (SMMS) TO ESTABLISH NEW OR RE-EQUIP OR EXPAND EXISTING INDUSTRIAL FACILITIES IN ELIGIBLE ENERGY COMMUNITIES TO PRODUCE OR RECYCLE ADVANCED ENERGY PROPERTY. THE ACTIVITIES TO BE FUNDED UNDER THIS FOA SUPPORT BIL SECTION 40209 AND THE BROADER GOVERNMENT-WIDE APPROACH TO REINVIGORATING AND REINVESTING IN THE AMERICAN INDUSTRIAL BASE; ESTABLISHING SECURE, RESILIENT DOMESTIC ENERGY SUPPLY CHAINS; AND REVITALIZING ECONOMIES IN
ENERGY COMMUNITIES TO MAXIMIZE THE BENEFITS OF THE CLEAN ENERGY TRANSITION AS THE NATION WORKS TO CURB THE CLIMATE CRISIS, EMPOWER WORKERS, AND ADVANCE ENVIRONMENTAL JUSTICE.
Grant Program (CFDA)
Awarding Agency
Funding Agency
Place of Performance
Pittsburgh,
Pennsylvania
15219-3675
United States
Geographic Scope
Single Zip Code
Corepower Magnetics was awarded
BIL: Advanced Metals Facility for Grid & EV Resiliency
Cooperative Agreement DEMS0000072
worth $19,974,887
from the Department of Energy in March 2025 with work to be completed primarily in Pittsburgh Pennsylvania United States.
The grant
has a duration of 3 years and
was awarded through assistance program 81.253 Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications.
The Cooperative Agreement was awarded through grant opportunity Bipartisan Infrastructure Law Advanced Energy Manufacturing and Recycling Grant Program Section 40209.
Status
(Ongoing)
Last Modified 9/30/24
Period of Performance
3/15/25
Start Date
3/14/28
End Date
Funding Split
$20.0M
Federal Obligation
$0.0
Non-Federal Obligation
$20.0M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
DEMS0000072
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
Small Business
Awarding Office
892433 NATIONAL ENERGY TECHNOLOGY LABORATORY
Funding Office
892412 OFFICE OF MANUFACTURING AND ENERGY SUPPLY CHAINS (MESC)
Awardee UEI
ZG4MT7M5THD1
Awardee CAGE
8PZ21
Performance District
PA-12
Senators
Robert Casey
John Fetterman
John Fetterman
Modified: 9/30/24