Jamshedpur, Feb 23: The Timken Company announced and awarded college scholarships to 17 sons and daughters of Timken employees in 12 locations around the world. The good news is that three of the winners this year are children of Timken India employees from Jamshedpur.
Company chairman John M. Timken, Jr. hosted the recognition event at Timken World HQ in North Canton, Ohio, for students and their parents. The live webcast was attended at Jamshedpur by the three winners along with their proud parents and the Jamshedpur Leadership Team.
Simona, daughter of Ram Narayan Prasad, lead production operator technician, has won the second biggest scholarship award, the Jack Timken Scholar Award of $25,000 (about Rs. 17.5 lakh) renewable up to three years for a total of $100,000 (about Rs. 70 lakh). Simona plans to study design and architecture at IIT Mumbai. There is only one awardee in this category globally.
Sayan Das and Indranil Pal were two of the five recipients of the $10,000 (about Rs.7 lakh) scholarships, renewable up to three years for a total of $40,000 (about Rs. 28 lakh) each. Sayan Das is the son of Amit Kumar Das, heat treat operator technician. He plans to study aerospace engineering at the Massachusetts Institute of Technology in the United States. Indranil Pal is the son of Mrinal Kanti Pal, operator. He plans to study computer information systems at the Georgia Institute of Technology in the United States.
The top scholarship award which is the Henry Timken Scholar Award of $35,000 (about Rs. 24.5 lakh) went to Sidney Long, daughter of Michael Long, machine operator at Bucyrus Bearing Plant in Ohio. This is renewable for up to 3 years for a total of $140,000 (about Rs. 98 lakhs).
Five children won the $10,000 (about Rs. 7 lakh) renewable award and 10 received the one-time $10,000 (about Rs 7 lakh) scholarship award. Valued at up to $540,000 (about Rs. 3.8 crore) over four years, these scholarships are funded by The Timken Company Charitable and Educational Fund, Inc. The program has awarded more than $22 million in scholarships since its founding in 1958.