This EDA investment supports the purchase of extrusion equipment for gaston college in dallas, north carolina
Ended Project Grant Awarded
- Award ID
- 47907893
- Recipient
-
Gaston College UEI GN64T4YKFNQ8
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $2,280,000
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Funding
-
- $1,140,000.00 Federal
- $1,140,000.00 Non-federal
- Place of performance
- Dallas, NC, USA
Award details come from USAspending.gov.
About this award
This EDA (Economic Development Administration) Project Grant award of $2,280,000 supports the purchase of extrusion equipment for Gaston College in Dallas, North Carolina. The equipment will enhance the capabilities of Gaston College's Textile Technology Center, a world-class testing and product development facility focused on the textile and apparel industry. The funding will enable Gaston College to expand its textile-related services, including fabric materials testing, dyeing, finishing, and melt extrusion. This investment aims to strengthen the regional textile/apparel ecosystem, support existing industry firms, build the talent pipeline, and promote entrepreneurial opportunities. The project is expected to be completed by September 28, 2025.
Description
The equipment will help improve the textile and apparel ecosystem by supporting the needs of existing firms in the industry cluster, strengthening the talent pipeline, and promoting entrepreneurial opportunities. The project will provide resources for the college's textile technology center, a world-class testing and idea generation laboratory focused on creating and helping businesses commercialize products using a range of new textile products. Once completed, gaston college will have an increase in enrollment, which will help the region create new job opportunities to boost economic development and advance economic resiliency in an area that has been impacted by the decline in the coal industry.
Quick answers
Who received award 47907893?
47907893 was awarded to Gaston College by Economic Development Administration (Department of Commerce) on September 28, 2023.
How much is award 47907893 worth?
$2,280,000 has been obligated on 47907893: $1,140,000 in federal funding and $1,140,000 in non-federal funding.
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