/24-7PressRelease/ - ALBION, MI, February 01, 2008 - Local manufacturing business, Caster Concepts, Inc. memorializes founder Richard H. Dobbins through the establishment of the Manufacturing Education Fund at the Albion Community Foundation. Richard "Dick" Dobbins was Vice President of Manufacturing at Albion Malleable. He later became President of Albion Industries and worked there until he retired in 1987. Upon his retirement, Dick founded Caster Concepts where he remained involved until his death. He graduated from St. Peter and Paul Academy in Ionia and attended Michigan State College where he received a degree in Mechanical Engineering. He later attended the Advanced Business Program at Harvard Graduate School of Business Administration.
This isn't the first time Caster Concepts, Inc. has stepped forward to help improve the quality of life in the greater Albion area. Caster Concepts, Inc. was a leader in the Victory Park playground build, was instrumental in the Swinging at the Shell summer concert series, and it's employees continue to be top givers to the United Way annual campaign, just to name a few.
"Albion is fortunate to have Caster Concepts, Inc. as one of our corporate citizens. They are a major employer in this area, and they've also served as stewards, setting the pace for other businesses in our community. The Foundation is glad to provide the expert assistance that will help the Manufacturing Education Fund support economic growth in our community," said Albion Community Foundation Executive Director, Elizabeth Schultheiss.
Because Caster Concepts, Inc. established a Donor Advised Fund with its gift, the company will make regular recommendations on how the fund is used, working with the community foundation's professional grantmaking staff to target areas of community need within the funds field of interest.
For information on contributing to the fund, contact Elizabeth Schultheiss at 517-629-3349 or at http://www.albionfoundation.org. Contributions to the Fund are eligible for the State of Michigan Tax Credit for Community Foundations. The law permits a taxpayer to reduce Michigan income tax liability by a credit of 50 percent of the amount contributed to a community foundation, subject to a maximum credit of $100 for an individual filing singly (for a $200 donation) and 200 for a married couple filing jointly (based on a $400 donation).
The Albion Community Foundation was established in 1968 to improve the quality of life for our citizens. The Foundation is a local nonprofit organization providing donors a simple, powerful and highly personal approach to giving — so their gifts do good works within the community, forever.
About Caster Concepts, Inc.
Caster Concepts, Inc. is an ISO 9001-2000 certified designer and manufacturer of a comprehensive line of industrial casters, ranging from a medium-duty series to a heavy-duty series to meet any application. CCI also manufactures caster wheels to withstand impact, corrosion, temperature extremes and chemicals found in harsh industrial environments. These multi-functional casters and wheels serve a variety of applications in the industrial, automotive, food service, aerospace, material handling and other demanding markets. Learn more about the entire family of Caster Concepts companies - Reaction Industries, LLC, The Machine Center, Fabricating Concepts, LLC, and Triple E Manufacturing, by visiting the most comprehensive web site in the caster industry at: http://www.casterconcepts.com.
Contact Information:
Elizabeth Schultheiss
Executive Director
Albion Community Foundation
517-629-3349
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