David Walter Steps Down As Chairman Of The Board At ​The Composite Recycling Technology Center, Becomes Chief Operations Officer

PORT ANGELES – The Composite Recycling Technology Center (CRTC) has announced that David L. Walter, who has been the Chairman of the Board since April of 2016, has stepped down to become the Chief Operations Officer of the CRTC.

Dr. Anson Fatland, who is the Associate Vice-President for Innovation and Research Partnerships at Washington State University and who has been on the Board of Directors of the CRTC since 2015, has assumed the Chairman of the Board role vice David Walter.  Anson has vast business and technical experience having worked in biotech, venture capital, and philanthropy.  He has led efforts from the bench-to-bedside in the development of therapeutics and has helped start companies in the life sciences and alternative energy realms.

“CRTC is trying to demonstrate that a market exists for products made from carbon fiber scrap; it is the first company in the world to take on this significant challenge.  The executional risk in our business is very high and we have to get it right.  While we will miss the outstanding leadership that Dave gave our Board and our business, we are pleased to take advantage of his significant expertise in business leadership, product development and project management to help the CRTC achieve the critical milestones that are before us.  We very much appreciate his dedicated service to the Board and the CRTC and thank him for his willingness to do whatever it takes to help the team be successful” said Anson Fatland, Chairman of the Board.

“I am delighted to have someone of Dave’s caliber join our team and help to lead our business. His high energy, team building and excellent business skills will really assist our organization and will help position us for great success in the future.  We are also very pleased to have Anson assume the Chairman’s role.  His knowledge, experience, wisdom and business acumen will continue to help ensure that we scale the business successfully, maximize results and take this clean energy enterprise on to new heights.  It also shows the kind of deep talent that the CRTC has attracted” said Robert Larsen, CEO.
 
About the CRTC:
Founded in September 2015, the Composite Recycling Technology Center (CRTC) is an innovative non-profit company whose mission is to lead and grow a composite recycling industry that diverts carbon fiber scrap that is destined for landfill, and turns it into value-added products.  Since carbon fiber is stronger than steel with significantly lower weight (up to 75% less), the product applications in segments like transportation, clean tech and high performance sporting goods are boundless.  The CRTC will accomplish its mission through direct product manufacturing, making specially-developed production equipment for recycling carbon fiber available to those seeking to replicate its capabilities, by providing technical design services, and by making low-cost recycled carbon fiber feedstock available for other manufacturers to utilize.

The CRTC’s start-up has been made possible by the Port of Port Angeles, which pioneered the concept of composite recycling in Clallam County and obtained grant support from Clallam County, Washington State's Clean Energy Fund, and the U.S. Department of Commerce’s Economic Development Administration to complete CRTC’s facility, which opened in August of 2016. Other significant CRTC partners include Peninsula College, whose composite workforce training program will be co-located with the CRTC, Washington State University, and other research and industry partners throughout the U.S. and internationally.

For more information on the CRTC, please visit our website at www.compositerecycling.org or contact David Walter at 360-477-1560 or [email protected].