Rexnord is a leading worldwide industrial company composed of two strategic platforms: process and motion control and water management. Within process and motion control, the company designs and manufactures gears, couplings, bearings, industrial chains and other highly engineered mechanical components used within complex industrial systems. Within water management, the company manufactures products that provide and enhance water quality, safety, flow control and conservation. For 2017, the company reported sales of about $1.9 billion and employed roughly 8,000 workers.
Rexnord conducts its philanthropy primarily through the Rexnord Foundation, which the company established more than 60 years ago with the goal of supporting organizations and programs that improve the quality of life in the communities where its employees live and work. The foundation awards grants in the following focus areas:
- Basic needs. These grants support organizations that provide basic support services in the areas of food, housing and care for those in need in the local community.
- Education. The foundation supports community events and nonprofit organizations that give educational opportunities, expand horizons and promote cultural diversity while encouraging the pursuit of excellence.
- The environment. The foundation supports local and global organizations that promote a viable world for current and future generations, provide environmental education, protect natural resources and foster conservation and innovation.
The Rexnord Foundation also awards college scholarships to the sons and daughters of U.S.-based Rexnord employees, and administers an Associate Matching Gift program, which provides a dollar-for-dollar match for employee donations to eligible nonprofit organizations in a wide variety of fields and program areas.
Rexnord also leverages the time and talents of its employees through organized volunteerism. Company-sponsored volunteer activities generally align with the foundation’s core focus areas.
For more information, visit the company’s website.