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STCC hopes to raise $4.5 million

By MARY ELLEN LOWNEY
mlowney@repub.com

SPRINGFIELD - Celebrating its 40th birthday, Springfield Technical Community College launched its first gifts campaign yesterday, aiming to raise $4.5 million by the end of the year.

STCC President Ira H. Rubenzahl announced the fund drive on the campus green, on what he called the most beautiful afternoon of the spring.

He said friends and alumni will be asked to contribute, and the money raised will be used to provide student scholarships, to expand nursing and allied health offerings, and to buy technology for other academic departments.

"This money is going to be used on students, and on the academic programs that have been identified as priorities by students, faculty and the community," he said.

Rubenzahl accepted oversized checks from the first two major donors of the public phase of the campaign: $200,000 from Smith & Wesson Corp., and $100,000 from Berkshire Bank.

The private phase of the drive began in January, bringing in nearly $1 million, mostly from the STCC faculty and staff.

Rubenzahl also introduced Lawrence A. Bossidy Jr., former chairman and chief executive officer of Honeywell International and vice chairman of General Electric.

Bossidy, now chairman of the board of Berkshire Hills Bankcorp, the parent company of Berkshire Bank, was keynote speaker at the college's sold-out birthday celebration at the Naismith Basketball Hall of Fame.

A native of Pittsfield, Bossidy is the author of two business books, including "Execution: The Discipline of Getting Things Done," and "Confronting Reality."

Yesterday, he said the Pioneer Valley is a good example of the need for being realistic in the face of the changing world of business and industry.

"You see the companies leaving, the jobs leaving, and you hope things will turn around. It's hard to face the reality that things aren't going to be the way they were," Bossidy said.

"What you need to do is assess the assets of your community, get people together and begin the rebuilding process. The slower you are to face reality, the harder it is to recover," he said.

Rubenzahl said 83 percent of graduates stay in the area, living and working in Western Massachusetts.

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