Press Release Summary:
Collected a total of $387,000 for 2016, PTDA Foundation raised funds nine percent more than funds raised in 2015. Fund raising drive include contributors from 125 companies of power transmission/motion control industry. Out of all thirty-seven contributors increased their contribution in 2016 over 2015. Fundraising in 2016 included 43 new contributors, providing financial support for PTDA program in building awareness of industrial distribution careers.
Original Press Release:
PTDA Foundation Sets Fundraising Record for Third Consecutive Year to Build Awareness of Industrial Distribution Careers
Recruiting, retaining, motivating and training employees continues to be an overwhelming challenge for industrial distributors. The collaborative efforts of the PTDA Foundation’s Industrial Careers Pathway® (ICP) program in building awareness of industrial distribution careers continue to garner unprecedented financial support, surpassing all expectations in 2016 with a final total of nearly $387,000. This was more than nine percent higher than the funds raised in 2015, demonstrating an increasing commitment from the industry in reaching the future industrial distribution workforce.
According to Barbara Ross, 2016 PTDA Foundation Fund Drive co-chair, Garlock Sealing Technologies (Palmyra, N.Y.), “Industrial distribution is an incredibly rewarding career for anyone—whether in sales, marketing, product technology or inventory management. The funds raised for this initiative are working to get that message across to the next generation to enter the workforce.”
Bob Callahan, also serving as 2016 PTDA Foundation Fund Drive co-chair, SENQCIA MAXCO (Elmhurst, Ill.), said the 2017 Vanguard campaign was kicked off at the recent PTDA 2016 Industry Summit in San Diego, Calif. He said, “The 2017 Vanguard contributors are the leaders of our industry. They are companies and individuals who want to insure the industry’s continued success. We are off to an amazing start—more than 30 percent ahead of last year. I am confident we will surpass last year’s number.”
2016 Fund Drive Highlights:
- Contributors included 125 companies from within the power transmission/motion control industry
- Thirty-seven contributors increased their contributions in 2016 over 2015
- The average 2016 contribution per company increased more than 22 percent over 2015
- There were 43 new contributors in 2016
The PTDA Foundation, whose work is funded solely by donations, was founded in 1982 to enhance knowledge, education, professionalism and productivity within the power transmission/motion control (PT/MC) industry. The Foundation is a not-for-profit, tax-exempt 501(c)(3) corporation; contributions are tax deductible to the full amount allowed by law. For more information, visit www.ptda.org/Foundation.
For more information: Contact:
Ginger Wheeler, Director, Marketing & Communications