DANVILLE — ThyssenKrupp Crankshaft Co. is donating $20,000 to fund four scholarships at Danville Area Community College in an effort to help students prepare for job opportunities in manufacturing, college officials announced Wednesday.
"The manufacturing sector today is very different than what it was even 10 years ago," ThyssenKrupp Crankshaft CEO Norm Young said in a news release. "A workshop with a high degree of science, math and technology skills is now critical to sustaining and growing our business. That is why, working with key partners such as DACC, we want to offer local students the opportunity to develop these skills and take advantage of the job opportunities that we have to offer."
DACC Foundation officials said they are grateful for the "much-needed" scholarships.
"The company has shown itself to be a valuable community partner in work-force development," said Tracy Wahlfeldt, the foundation's executive director.
ThyssenKrupp Crankshaft is a leading manufacturer of high-quality forged and machined crankshafts for the North American automotive on-highway truck and off-highway markets. Its products are used by major original equipment manufacturers in the U.S.
The company, which has been in Danville since 1991 and also has a facility in Veedersburg, Ind., employs about 550.
Young said the company has long been dedicated to promoting education in the area.
"Through these scholarships, we are investing in young people in the area, the wider community and the future of our company," he said. The donation will fund four scholarships over a five-year period. The scholarships will be available starting this year.
To be eligible, students — either full- or part-time — must be enrolled in one of the following areas: business, accounting, finance, computer programming/networking, engineering/technical, management and logistics. They also must be available to do an internship at ThyssenKrupp Crankshaft.
This is the second time in about seven months that a ThyssenKrupp company has made a significant donation to DACC. In September, ThyssenKrupp Presta Danville announced it would donate $20,000 to fund four scholarships over a five-year period, as well.
To apply for one of the scholarships or obtain more information, call 443-8843 or email Foundation@dacc.edu .