College Scholarships From Massey Energy and Investment in West Virginia's Economy
| Source: Massey Energy
CHARLESTON, WV--(Marketwire - May 27, 2009) - As the economic recession cuts into
philanthropic giving to colleges and universities around the country, the
Associated Press reports Massey Energy Co. (NYSE : MEE ) has donated $500,000
"for scholarships in mining and civil engineering at West Virginia
University and WVU Institute of Technology."
The scholarships, which are awarded primarily to students in Central
Appalachia, are an investment in West Virginia's future, according to Chief
Executive Don Blankenship, who hopes to attract the next generation of
engineering students. Creating educational opportunities for area students
is the best way to ensure good paying jobs for the community for years to
come.
Additionally, the AP reports "Massey is also giving $260,000 for public
school outreach programs and for internships, career fairs and speakers."
Massey believes their private investment of resources will have far
reaching, positive effects for Central Appalachia.
For more information, visit www.masseyenergyco.com.