United Way Names Goulds Pumps “Company of the Year”

14.06.2002

Seneca Falls, NY, May 24, 2002. ... Goulds Pumps, one of the fluid businesses of ITT Industries, and its employees have been recognized by the United Way of New York State for its dedication to the community. A special award was presented to Goulds at a ceremony in Albany.

Karen Beals, Executive Director of the United Way of Seneca County commended Goulds efforts. "This particular award, It's a Five O'Clock World, recognizes those whose dedication to United Way extends beyond running a successful campaign. The winner serves as a role model to the community because of its significant support of the community fund as well as its year-round commitment to United Way." She continued, "It is a special honor for Goulds Pumps, ITT Industries to be recognized as the ONLY business partner in New York State receiving this award."

From a fund-raising perspective, Goulds and its employees contributed more than 45% of the total donated to the United Way of Seneca County 2002 campaign. With an increase over last year's contributions, employees donated $156,000 for local needs, in addition to a separate campaign that raised $60,000 in support of the September 11th disaster, but in order to fully appreciate the impact Goulds Pumps has had, one must know about the community.

Seneca County is an extremely rural county, with no major cities or hospitals. Goulds is the major employer in the county, employing more than its four school districts and its County government combined. Goulds Pumps has been an integral part of the United Way of Seneca County since its inception in 1958, providing an average of 50% of the funds through their employee campaign and matching corporate gift. In the first campaign Goulds provided $37,000 of the $68,000 raised; this past year Goulds contributed $156,000 of our $347,000 raised. Local Union, No. 3298, United Steelworkers of America, represents the hourly manufacturing workforce at Goulds and has contributed significantly to the success of this and past campaigns and volunteer efforts

Key Goulds' employees were on the original Board of Directors of United Way of Seneca County and today four of twenty-two members are current Goulds' employees. This leadership presence has remained consistent nearly fifty years. In addition to providing management through the Board of Directors, Goulds employees serve as Campaign Chairs and Campaign Cabinet Coordinators and share their expertise on Marketing and Day of Sharing committees.

For more than six years the United Way Kick-off 10-K Race has been spearheaded by Goulds employees who organize, market, and provide manpower and fiscal resources to provide incentives. In all, there are over seventy Goulds employees who participate as community volunteers with United Way campaign efforts, not to mention the numbers who volunteer with Girl Scouts, Boy Scouts, Mynderse Library (currently conducting their capital campaign), Seneca Falls Historical Society, and many other worthy community organizations.

Goulds and its employees have also played an instrumental part in the development of many community organizations such Creative Choices Child Care Center and the Seneca Falls Convention Days. Goulds employees designed and constructed the Seneca Falls town fountain, a focal point in a region well known for visitors to the National Women's Rights Park and the National Women's Hall of Fame. Community-wide, many of their employees serve as volunteer firemen and emergency personnel with our ambulance service. Several employees have traveled to New York City to assist with the September 11th disaster. Over eighteen of the last twenty years, it has been Goulds employees who have successfully served as town mayor.

Mrs. Beals added, "The dedication of Goulds Pumps' management and employees to their community outside their work environment has been and continues to be essential to our survival. With their support, the United Way of Seneca County is able to develop resources to create community impact and we are indeed fortunate to have Goulds Pumps employees as our community solutions partner. "

Goulds has over 1300 total employees located at its two Seneca Falls campuses, on Fall Street and Bayard Street, and its Auburn Water Technology facility.

Goulds Pumps is one of the fluid businesses of ITT Industries. ITT Industries, Inc. (www.itt.com) supplies advanced technology products and services in key markets including: electronics interconnects and switches; defense communication, opto-electronics' information technology and services; fluid and water management and other specialty products. Headquartered in White Plains, NY, the company generated $4.7 billions in 2001. In addition to the New York Stock Exchange, ITT Industries common stock is traded on the Midwest, Pacific, London, Frankfurt and Paris exchanges.

Source: Xylem Inc.

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