Federal grant · project grant (b)

Composite Recycling Technology Center

The Composite Recycling Technology Center Will Purchase and Install a Thermal Modification Unit and Press at Their Port Angeles, Wa Facility. This Will Allow Them to Expand Their Aclt Production, Leveraging Technology to Support the Re-emergence of the Peninsula?s Sustainable Timber Industry. Expanded Capacity Will Help Generate Good Jobs in Manufacturing and Produce Versatile, Affordable Products for the Home Construction Industry. CRTC Will Hire and Train 44 Additional Employees Over Five Years. This Investment Is Anticipated to Create 64 Direct, 28 Indirect, and 12 Induced Jobs by 2030.

Committed

$1.2 Million

Paid to

UEI H9UXN8QRDQU3

2220 W 18TH ST, Port Angeles, WA, 98363

Department of Commerce

Economic Development Administration

Place

PORT ANGELES, WA, UNITED STATES

WA-06

Performance

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · project grant (b)

Department of Commerce

Economic Development Administration

Distressed Area Recompete Pilot Program to

Composite Recycling Technology Center

Committed

$1.2 Million

Paid to

Composite Recycling Technology Center

UEI H9UXN8QRDQU3

2220 W 18TH ST, Port Angeles, WA, 98363

Department of Commerce

Economic Development Administration

Place

PORT ANGELES, WA, UNITED STATES

WA-06

Performance

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗