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Kettering University Closes Campaign At $100+ Million for Scholarships, Renovations

    FLINT, Mich.--Dec. 7, 2001--Kettering University of Flint, Mich., closed its capital campaign Thursday, Dec. 6, with $100+ Million for scholarships, renovations and student life initiatives.
    The campaign, which began in 1993, was officially closed with a celebration gala on campus with almost 200 guests attending.
    "Raising more than $100 million is an astonishing achievement for a school of Kettering's size," said Kettering President James E.A. John. "The support shown by our alumni, friends, corporate partners and foundations will enable Kettering to make great strides now and in the future."
    In addition to this $100+ million, the University received several large software and in-kind gifts including $88 million in hardware, software and training from the PACE organization (a consortium of EDS, General Motors, Sun Microsystems and UGS); $47 million in design software from SDRC; and more than $40 million in buildings, neighborhood revival and land rejuvenation around campus from Delphi Automotive Systems and General Motors.
    A breakdown of campaign funds is as follows.

-- $41 million in gifts and pledges of endowed funds. Some of these endowed chairs include the Alfred Grava Chair in Manufacturing Management and the Robert and Claire Reiss Chair in Industrial Engineering.
-- $51 million to support laboratory and classroom renovations, computer hardware and software upgrades, equipment purchases, and program and curriculum design. In 2003, the Mechanical Engineering and Chemistry Departments will move into a $40+ million Engineering and Science Center.
-- More than $8 million to support initiatives for recreational activities. The Connie and Jim John Recreation Center is a state-of-the-art, 70,000 square-foot facility which opened during the campaign. Phase I of Kettering Park includes new lighted sports fields and a jogging track. Future plans include the Miller Chipping and Putting Course.

    Located in Flint, Mich., Kettering University is one of the country's premier co-op institutions and provides 2,500 students with career-based education in engineering, applied sciences, mathematics, and business management. Founded in 1919, the University also offers graduate programs in engineering, manufacturing management and is ranked among the nation's finest specialty schools by U.S. News and World Report.
    For more information on Kettering University, visit the web site at www.kettering.edu.