Square D/Schneider Electric announces $7 million commitment to Habitat for Humanity to provide electrical systems for thousands of families throughout North America
More than 200 Square D/Schneider Electric business leaders kick off renewed partnership by helping build Gulf Coast homes for hurricane-affected families in need
AMERICUS, Ga., and PALATINE, Ill. (Jan. 30, 2006) — Square D/Schneider Electric and Habitat for Humanity are providing electrical systems for thousands of low-income families across the country thanks to a new $7 million, four-and-a-half-year partnership.
The funding will provide 22,500 Habitat homes across North America with a Square D brand load center, circuit breakers and other related electrical equipment. Square D is the flagship brand of Schneider Electric in the United States for electrical distribution and industrial control products and systems.
“We are grateful to Square D and Schneider Electric for their work in helping Habitat for Humanity on a national scale,” said Jonathan Reckford, CEO, Habitat for Humanity International. “The generous donation of time, money and equipment from the company and its employees allow us to improve and enrich lives with simple, decent and affordable housing.”
To help kick off the new partnership, more than 200 Square D/Schneider Electric business leaders will volunteer their time in Gautier, Miss., on Jan. 30, 2007, working alongside residents on one of Habitat’s largest corporate build sites in the Gulf Coast. Building three homes, a playground and a neighborhood pavilion, continues the Square D/Schneider Electric commitment to rebuilding the hurricane-ravaged area and assisting Habitat in its efforts to help low-income and hurricane-displaced families achieve homeownership.
“The Gulf Coast region continues to feel the devastating effects of the 2005 hurricane season. Ongoing dedication to assisting and rebuilding this region is vital to restore it to the thriving community it once was,” said Dave Petratis, president and CEO of the Schneider Electric North American Operating Division. “Square D and Schneider Electric are committed to acting after disaster strikes. Our long-standing partnership with Habitat for Humanity helps us make a positive difference long after the storms have passed.”
As a national partner and a Cornerstone Society member of Habitat’s “More Than Houses” campaign, Square D/Schneider Electric has already contributed approximately $6 million in residential electrical equipment for use in homes built in the United States, Canada and Mexico since 2001. In addition, the company donated labor, supplies and more than $1 million to eight separate initiatives in the Gulf Coast region last year, helping to rebuild cherished community locations such as athletic facilities, museums and a medical clinic damaged by Hurricane Katrina.
For additional information regarding Schneider Electric North American Operating Division’s Hurricane Katrina relief efforts, visit www.us.schneider-electric.com.
Headquartered in Palatine, Ill., the North American Operating Division of Schneider Electric had sales of US$2.8 billion in 2005. The North American Operating Division is one of four operating divisions of Schneider Electric, headquartered in Paris, France, and markets the Square D, Telemecanique and Merlin Gerin brand products to customers in the United States, Canada and Mexico. In the United States, Schneider Electric is best known by its flagship Square D brand, with Telemecanique becoming increasingly known in the industrial control and automation markets and supported by many Square D distributors. For 100 years, Square D has been a market-leading brand of electrical distribution and industrial control products, systems and services. Schneider Electric is a global electrical industry leader with 2005 sales of approximately US$14.5 billion. Visit Schneider Electric on the Internet at:
- Corporate — http://www.us.schneider-electric.com
- Telemecanique Products — http://www.us.telemecanique.com
- Square D Products — http://www.us.squared.com
- Merlin Gerin Products — http://www.us.merlingerin.com
About Habitat for Humanity International
Habitat for Humanity International is an ecumenical Christian ministry that welcomes to its work all people dedicated to the cause of eliminating poverty housing. Since its founding in Americus, Ga., in 1976, Habitat has built more than 200,000 houses in nearly 100 countries, providing simple, decent and affordable shelter for more than 1 million people. For more information, visit www.habitat.org.