Officials from the South Dakota School of Mines and Technology and Cargill have announced a major gift of $500,000.
Cargill's gift - which will be donated over a five-year period - will go towards building and equipping a biorefinery laboratory in the university's planned Chemical and Biological Engineering building. The grant will also be used to fund lab operations and maintenance, student field trips and continued education of the faculty.
"Cargill has a long history with South Dakota School of Mines and Technology, and many of its graduates are now valued employees," Bob Siegert, vice president of Cargill's corn milling business, said. "We're proud to partner on this project and help these students achieve success in the classroom and beyond."
The gift was made possible by contributions from several of Cargill's businesses including Cargill Corn Milling, Cargill Grain and Oilseed Supply Chain and Cargill Dressings, Sauces and Oils .
"On behalf of the entire university, I would like to thank Cargill for its generous gift," Dr. Charles Ruch, School of Mines president, said. "Our longstanding, successful partnership has been strengthened by this generous donation that will help prepare future engineers and scientists."
Cargill is an international provider of food, agricultural and risk management products and services. With 158,000 employees in 66 countries, the company is committed to using its knowledge and experience to collaborate with customers to help them succeed. For more information, visit http://www.cargill.com.