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…

Active Cooperative Agreement Awarded Last action

Award ID
DEMS0000072
Recipient
Awarding agency
Obligated
$39,991,449

Award facts

Completion date 82% complete
Funding
  • $19,974,887.00 Federal
  • $20,016,562.00 Non-federal
Funding agency
Department of Energy
Place of performance
Pittsburgh, PA 15219, USA

Award details come from USAspending.gov.

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.

Transactions

Action Federal Non-federal Date
Amendment $0 $20,016,562
Amendment $0 $0
Amendment Infrastructure investment and jobs act (IIJA) - advanced metals and component manufacturing facility to boost domestic supply chain resiliency of transformers… $0 $0
Amendment $0 $0
Amendment $0 $0
Original award $19,974,887 $0

Quick answers

Who received award DEMS0000072?

DEMS0000072 was awarded to Corepower Magnetics Inc. by National Energy Technology Lab (Department of Energy) on March 15, 2025.

How much is award DEMS0000072 worth?

$39,991,449 has been obligated on DEMS0000072: $19,974,887 in federal funding and $20,016,562 in non-federal funding.

Which agency awarded DEMS0000072?

National Energy Technology Lab (Department of Energy) awarded DEMS0000072, with funding from Department of Energy.

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