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FirstEnergy : Foundation Donates $50,000 to Support Reading Area Community College

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07/20/2017 | 05:57pm CEST

By a News Reporter-Staff News Editor at Energy Weekly News -- The FirstEnergy Foundation has donated $50,000 over two years to the Foundation for Reading Area Community College (RACC) Science of Success Campaign, which will support a $4.5 million renovation of the college's science laboratories.

This project will allow RACC to expand course offerings in the basic sciences and support efforts to encourage students to consider STEM-related careers. The renovated space also will be used to offer customized laboratory training for area businesses.

"FirstEnergy has been working with RACC for many years on our Power Systems Institute program that adds highly-skilled line personnel to our Met-Ed workforce," said Dee Lowery, president of the FirstEnergy Foundation. "We are pleased to support the 'Science of Success' campaign because it will help enable RACC to do even more to promote workforce development efforts in Berks County."

The FirstEnergy Foundation is funded solely by FirstEnergy Corp. (NYSE: FE) and provides support to non-profit, tax-exempt health and human services agencies; educational organizations; cultural and arts programs and institutions; and civic groups in areas served by FirstEnergy's 10 electric operating companies and in areas where the company conducts business.

FirstEnergy is dedicated to safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. Follow FirstEnergy online at www.firstenergycorp.com. Follow FirstEnergy on Twitter @FirstEnergyCorp.

View original content:http://www.prnewswire.com/news-releases/firstenergy-foundation-donates-50000-to-support-reading-area-community-college-300488098.html

Keywords for this news article include: Energy Companies, FirstEnergy Corp, Electric Utility Companies.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC

(c) 2017 NewsRx LLC, source Science Newsletters

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Financials ($)
Sales 2017 14 599 M
EBIT 2017 3 001 M
Net income 2017 1 218 M
Debt 2017 16 518 M
Yield 2017 4,46%
P/E ratio 2017 11,90
P/E ratio 2018 12,28
EV / Sales 2017 2,10x
EV / Sales 2018 2,08x
Capitalization 14 084 M
Duration : Period :
FirstEnergy Corp. Technical Analysis Chart | FE | US3379321074 | 4-Traders
Technical analysis trends FIRSTENERGY CORP.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 19
Average target price 33,7 $
Spread / Average Target 6,0%
EPS Revisions
Charles E. Jones President, Chief Executive Officer & Director
George M. Smart Non-Executive Chairman
James F. Pearson Chief Financial Officer & Executive Vice President
Paul T. Addison Independent Director
William T. Cottle Independent Director
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