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Gerdau, TVA donate $5,000 to Kentucky sheriff's ranch
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The Gerdau steel mill in Calvert City, Ky. and the Tennessee Valley Authority are providing funds for repairs at the Kentucky Sheriff’s Boys and Girls Ranch in Gilbertsville, Ky.
On June 29, Gerdau and TVA presented checks to the Kentucky Sheriff’s Association. The combined $4,000 donation will be used to repair roofing and gutters on several buildings at the ranch. The gift marks the third year Gerdau and TVA have partnered to provide funds for the ranch.
The ranch gives children, ages 8-11, from low-income families, a chance to participate in an instructional and organized summer camp for free. Funded by donations, the ranch has a lake, a swimming pool, an archery range and horseback riding stables.
"TVA works to maintain good working relationships with local law enforcement agencies and our partners like Gerdau," said Megan Holman, industrial accounts program manager for TVA. "This facility provides a safe environment for hundreds of young people to experience the outdoors.”
In addition to their donation, Gerdau employees also volunteer at the ranch each year by teaching and participating in classes, serving meals to campers and sharing personal hobbies with the children.
“Our partnership with the Kentucky Sheriff’s Ranch supports the community pillar of Gerdau’s social responsibility program, and we see this as a great opportunity to collaborate with TVA,” said Holly Mackey, human resources manager at the Gerdau mill in Calvert City. “The Sheriff’s Ranch is one of our biggest projects, and this support demonstrates that our employees really have a passion for making a positive impact in the lives of children from across the state of Kentucky.”
Gerdau follows principles of sustainable development and believes that growth of a company is related to its respect for the community and its commitment to society. Gerdau invests in the development of communities surrounding its locations, supporting hundreds of social projects with the help of employees engaged in volunteer work.
The Tennessee Valley Authority, a corporation owned by the U.S. government, provides electricity for utility and business customers in most of Tennessee and parts of Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia – an area of 80,000 square miles with a population of 9 million. TVA operates 29 hydroelectric dams, 11 coal-fired power plants, three nuclear plants and 11 natural gas-fired power facilities that can produce about 34,000 megawatts of electricity, delivered over 16,000 miles of high-voltage power lines. TVA also provides flood control, navigation, land management and recreation for the Tennessee River system and works with local utilities and state and local governments to promote economic development across the region. TVA, which makes no profits and receives no taxpayer money, is funded by sales of electricity to its customers. Electricity prices in TVA’s service territory are below the national average.
Gerdau is the leader in the segment of long steel in the Americas and one of the main suppliers of special long steel in the world. With over 45,000 employees, it has industrial operations in 14 countries—in the Americas, Europe, and Asia—which together represent an installed capacity of over 25 million metric tons of steel per year. It is the largest recycler in Latin America and around the world it transforms millions of metric tons of scrap into steel every year. Gerdau is listed on the stock exchanges of São Paulo, New York, and Madrid and has over 140,000 shareholders.
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