BORDEN CONTRIBUTING $1 MILLION TO BUILD NEW COSI.COLUMBUS, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816. , July 7, 1995--(BUSINESS WIRE)--Borden, Inc. today announced that the Borden Foundation will contribute $1 million -- the largest single gift in the company's history -- to the building fund for the New COSI COSI Center Of Science and Industry (Columbus, OH, USA) COSI Creative Outsourcing Solutions International (UK) COSI Cost of Savings Index COSI Closeout System Installation (NASA) , Ohio's Center of Science & Industry. The New COSI will be built on the downtown Columbus Downtown Columbus is the Central Business District of Columbus, Ohio, United States. The area centers around the intersection of Broad Street and High Street, and is the home of most of the largest buildings in Columbus. Scioto Riverfront. It will offer science and technology learning and exploration to children through a variety of interactive programs and exhibits. Schematic designs for the world-class facility, which is double the size of the existing one, were unveiled by COSI today at a community meeting. "Borden is proud to be part of a world-class project that is so important to our headquarters community and to the entire state of Ohio," said C. Robert Kidder, Chairman and Chief Executive Officer. "It's especially gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that children will be the prime beneficiaries of the New COSI, and of all the work going into it by a collaboration of elected officials and neighborhood, community and business leaders," Mr. Kidder said. "The New COSI will help children to enjoy and to learn science by giving them fun and exciting ways to do it." Speaking at today's community meeting, Columbus Mayor Gregory Lashutka said that community and corporate support are critical to the success of the New COSI. "The development of the New COSI is the key that unlocks the future of Columbus," Mayor Lashutka said. "That is why I, along with other community leaders, view this as the number one priority for Columbus. I am pleased to have Borden, as one of the city's outstanding companies, join us as a partner in the New COSI." Borden currently sponsors an interactive COSI exhibit related to Cracker Jack Crack·er Jack A trademark used for a candied popcorn confection. toys and memorabilia dating back to the early 1900's. Borden, Inc., with sales of $5.6 billion in 1994, is a worldwide producer of pasta, dairy and other packaged grocery products; consumer adhesives and wallcoverings; and adhesives, resins and plastic packaging products for industrial uses. Headquartered in Columbus, Borden has been privately owned since March 1995 by the investment firm Kohlberg Kravis Roberts Kohlberg Kravis Roberts & Co (commonly referred to as KKR) is a New York City-based private equity firm that focuses primarily on late-stage leveraged buyouts. It was founded in 1976 by Jerome Kohlberg, Jr., and cousins Henry Kravis and George R. & Co. (KKR KKR Korringa-Kohn-Rostoker (method) KKR Kohlberg, Kravis & Roberts & Co. KKR Kalkara (postal locality, Malta) KKR Kramers-Kronig Relations KKR Komarappa Gounder Ramalingam (hospital in India) ). Borden employs approximately 30,000 people and operates nearly 200 manufacturing plants worldwide. Note to Editors: For more information on the New COSI, please contact Terri Jankowski, Cochran Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , Inc., at 614-224-0600. CONTACT: Nicholas R. Iammartino Lynn S. Anderson 614-225-4485 614-225-7199 |
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