TimkenSteel Charitable Fund Awards $145,000 in Scholarships to Employees' Children

CANTON, Ohio, Dec. 8, 2017 /PRNewswire/ -- The TimkenSteel Charitable Fund named seven new TimkenSteel scholars today who will receive $145,000 in scholarship funds.

The high school seniors, all children of TimkenSteel Corporation employees, will use the funds to pursue bachelor's degrees at accredited universities. They participated in a highly competitive application process which was open to employees' children around the world and based upon academic and extracurricular achievement.

"When you employ some of the best people in industry, it follows that their children emerge as leaders in their schools and communities. These seven students join a group of 30 TimkenSteel scholars who are excelling in their college pursuits, and we're proud to support them in this way," said Elaine Russell Reolfi, executive vice president of organizational advancement and corporate relations, who presented the scholarships Friday morning with other TimkenSteel leaders.

The TimkenSteel Charitable Fund launched in 2014 when TimkenSteel Corporation (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, became an independent company. The steelmaker's tradition of awarding scholarships to employees' children dates to 1958 and, since 2014 when the fund was established, TimkenSteel has awarded $780,000 in scholarships.

Tim Timken, TimkenSteel chairman, CEO and president, was on hand at Jackson High School to present the top award to Ryan Soltis, the son of Roger Soltis, program manager of advanced business development at TimkenSteel's Canton corporate office. The high school senior earned a $20,000 scholarship, renewable for up to three additional years for a total of $80,000. Ryan plans to study aerospace engineering.

Anjali Ta, the daughter of Hung Ta, principle process control engineer at TimkenSteel's Gambrinus Steel Plant, received a $10,000 scholarship, renewable for up to three additional years for a total of $40,000. Anjali is a senior at Jackson High School and plans to study biomedical engineering.

In addition, five students received one-time $5,000 scholarships:

• Stephen Gairing, the son of Robert Gairing, manager, primary metallurgical quality assurance at TimkenSteel's Faircrest Steel Plant. Robert is a senior at Wadsworth High School and plans to study engineering.
• Claire Gatsios, the daughter of Jeffrey Gatsios, furnace attendant at TimkenSteel's Gambrinus Steel Plant. Claire is a senior at Tuslaw High School and plans to study music education.
• Cameron Maier, the son of Stephanie Maier, director of organizational advancement at TimkenSteel's Canton corporate office. Cameron is a senior at Jackson High School and plans to study engineering.
• Samantha McAllister, the daughter of Tina McAllister, principle environmental, health and safety analyst at TimkenSteel's St. Clair Plant. Samantha is a senior at Arcanum High School and plans to study agriculture education.
• Lauren Samsa, the daughter of Mark Samsa, mechanical maintainer at TimkenSteel's Harrison Steel Plant. Lauren is a senior at Dover High School and plans to study accounting.

About TimkenSteel Corporation
TimkenSteel (NYSE: TMST, timkensteel.com) creates tailored steel products and services for demanding applications, helping customers push the bounds of what's possible within their industries. The company reaches around the world in its customers' products and leads North America in large alloy steel bars (up to 16 inches in diameter) and seamless mechanical tubing made of its special bar quality (SBQ) steel, as well as supply chain and steel services. TimkenSteel operates warehouses and sales offices in five countries and has made its steel in America for 100 years. The company posted sales of $870 million in 2016. Follow us on Twitter @TimkenSteel and on Instagram.

SOURCE TimkenSteel Corporation