Toray Composite Materials America, Inc. in Frederickson recently received a $6 million boost from the federal government. Toray was one of 32 Washington State aerospace manufacturers awarded a slice of the state’s $40.9 million funding. The award will support 255 jobs in Toray’s manufacturing facility.
The Aviation Manufacturing Jobs Protection Program funding, part of the American Rescue Plan Act program, is administered by the U.S. Department of Transportation. More than $482 million was awarded to 313 businesses across the country, the majority of which are small businesses. The funds can be used to pay up to half of the payroll costs for certain categories of employees involved with manufacturing or repair, for up to six months.
“With aviation manufacturing not targeted to recover until well into 2022, at the earliest, this aviation protection program will help in hiring back some of those workers and staving off further layoffs at a critical time,” said Washington State Senator Maria Cantwell, chair of the Committee on Commerce, Science and Transportation.
Read more about the award recipients on the USDOT website. Additional funding recipients will be announced later this fall.