ABB Pledges Scholarship Assistance To Minority Students At Penn State
ABB Pledges Scholarship Assistance To Minority Students At Penn State
ABB announced today that it is unveiling a scholarship to help benefit
minority students majoring in business logistics in Penn State's Smeal
College of Business Administration as well as students majoring in mechanical
engineering.
ABB's Brain Power Scholarship is a two-year commitment to provide almost
$50,000 in scholarship aid to minority students at Penn State and five
other universities.
"A culturally rich and diverse workforce is a real advantage in
the global marketplace," said D. Howard Pierce, ABB Group Representative
in the United States. "This program is a 'win' for ABB and its customers
as well as for the students involved."
To be eligible, students must be African-American, American Indian, or
Hispanic-American. They must be entering their junior year at one of six
specific U.S. institutions. They must have earned a grade point average
of 3.2 or higher and have demonstrated leadership qualities.
Applicants at Penn State must be majoring in business logistics or mechanical
engineering. Applications are being considered now for a total of nine
scholarships, to begin in the fall semester of 2001. ABB plans to award
each recipient $2,500 the first year and $3,000 the second year, provided
eligibility requirements are maintained.
Further information about the ABB Brain Power Scholarship is available
from Doug Gambrel, manager, ABB University Relations. Contact
doug.gambrel@us.abb.com
or 203-750-2313.
The other eligible institutions and majors include: Cornell University,
(Industrial & Labor Relations); North Carolina State University (Electrical
Engineering or Mechanical Engineering); Texas A&M University (Electrical
Engineering or Mechanical
Engineering); Ohio State University (Electrical Engineering or Accounting);
and Rensselaer Polytechnic Institution (Chemical Engineering).
ABB (
http://www.abb.com/
)
serves manufacturing, process and consumer industries, utilities, and
the oil and gas markets. The company's US operations employ more than
16,000 people at manufacturing and other facilities in 40 states. Worldwide,
ABB employs 160,000 people in more than 100 countries and reported revenues
of $23 billion in 2000.
REPORTERS & EDITORS: For more information, please contact Wyatt DuBois in the Smeal College of Business Media Relations Office at 814-863-3798 or wed112@psu.edu.
Penn State's Smeal College of Business offers highly ranked undergraduate, MBA, executive MBA, Ph.D., and executive education opportunities to more than 5,500 students at all levels. Featuring academic departments of accounting, finance, marketing, insurance and real estate, management, and supply chain and information systems, the college is also home to major research centers such as the Center for Supply Chain Research, the Institute for the Study of Business Markets, the Center for Digital Transformation, the Farrell Center for Corporate Innovation and Entrepreneurship, the Center for Global Business Studies, and the Center for the Management of Technological and Organizational Change.
