June 17 - Terex Cranes has committed USD21,000 to the Specialized Carriers & Rigging Association's foundation (SC&RA) for a new scholarship programme.
The donation serves as a multi-year commitment for Terex to help advance the education of SC&RA member company employees and their family members.
"Terex is proud to help the SC&RA foundation create a programme that allows for corporate sponsorships, which will add funding stability to its continuing education scholarships programme," says Frank Bardonaro, vice president and managing director for Terex Cranes North America and 2010-2011 chair for SC&RA's Crane & Rigging Group. "The foundation is instrumental in assuring success in the education and safety training for the industry."
To date, Terex Cranes has been joined by three other SC&RA member companies in the scholarship programme. The first corporate scholarship will be awarded in 2012. The USD21,000 donation, named the Terex Continuing Education Scholarship, will be applied at a rate of USD3,000 per year for seven years.
For more details on the scholarship programme and its requirements, visit www.scranet.org