GREETERS: Dick Conklin (Retired) & RYE Inbound Student

CASHIER: Ron VerLee (Retired pastor)

INVOCATION: Tim Shambaugh (retired dentist)

SONG LEADER: Mark Westerhausen (DWD)

SERGEANT:  Jim Kratzat (MSKTD)

HOUSE:  Fred Eckart (Retired) & Tony Patrick (Old National Bank)

SPIN EDITOR: Bruce Haines (PBS39)

Web Master & AV Guru: James Cress (retired Lutheran pastor)

PIANO: Masson Robertson (retired from IPFW and The Philharmonic)

PROGRAM: Dr. Jeanne Zehr, director of MindCap: Brain, Inc.: Neuroplasticity and Your Brain

MENU: Soup & Salad Bar, Sausage Lasagna, Butternut Squash Lasagna, Tuscan vegetables. Peach Crisp

 

 

A quarter century celebration is going on now at a true American succes story – founded by three individuals in 1993, Steel Dynamics now counts almost 8,000 team members and is the fourth largest steel company in the US valued at more than $10.5 billion. Our club heard from Theresa Wagler, executive vice president and chief financial officer of Steel Dynamics, Inc. Her responsibilities include accounting, risk management, taxation, treasury and information-technology functions, as well as financial planning and analysis, investor relations and corporate communications.

 

Steel Dynamics’ North American footprint covers 15 states, including six steel mills, eight steel processing facilities, two iron production facilities, over 90 metals recycling locations and six steel fabrication plants. Steel Dynamics acquisition of OmniSource contributes to a high-quality supply of raw materials for steel production (video).

 

Ms. Wagler notes that the company’s success is due in part to its diversification of products and markets that helps offset the cyclical nature of the industry. Other positive performance factors include being vertically connected, prudent capital allocation and a superior, unique culture highlighted by employee partnerships and driven by performance-based compensation.

 

In carrying out its operations, Steel Dynamics is committed to high environmental standards. Electric arc furnace mills use a fraction of the energy and take up a fraction of the carbon footprint compared to blast furnace technology, for example. The company is one of the largest nonferrous metals recyclers and the second largest ferrous recycler in the U.S. Sustainability carries over to valuing the communities in which Steel Dynamics is located. Since 2008, SDI Foundation has donated more than $15 million with $20 million additional corporate donations. Steel Dynamics looks forward to igniting future possibilities over its next 25 years!

 

After a break for the TinCaps social in the month of July, Happy Hours are back on schedule! On Aug. 28 we will resume our Rotary Happy Hour from 4-6 p.m. at Club Soda. Please invite your friends to attend as well as other Rotarians in Fort Wayne. Here are the details:

 

WHEN: Aug. 28, 2018, 4-6 p.m. (the fourth Tuesday of every month)

WHERE: Club Soda, 235 East Superior Street

COST: $12 per person (one drink ticket and appetizers provided)

 

As President David shared from new member Christian Wolff concerning what Christian would like to get out of being a Rotary Club member, our Happy Hour events are an excellent way to meet and learn the names of all the club members and begin to form deeper connections. If you have any questions, please do not hesitate to email Rena Burden. Add this to your calendars today - look forward to seeing you there! 

 

 

 

Greg Allen, executive vice president - market area executive with First Federal Bank of the Midwest, was introduced at Monday’s club meeting. Greg earned a Bachelor of Science in business administration, finance from Bowling Green State University and a Graduate School of Banking diploma from the University of Wisconsin-Madison. He is a Persian Gulf War veteran & Sergeant/E-5. A past board member of WBGU-TV in Bowling Green, Ohio, Greg was elected recently to serve on the board of directors for PBS39. He has a strong commitment to community service and we are pleased to have him with us. Welcome, Greg!

 

 

 

Our Downtown Rotary Golf Outing is Monday, Aug. 20, at Orchard Ridge Club. Your $90 covers greens fee, golf cart, dinner (cash bar) and refreshments during golf. Arrive by noon for shotgun start at 1 p.m. with dinner at 6 p.m. You can also attend the dinner only for $25. All proceeds benefit Fort Wayne Rotary youth programs. Register at: fwrotarysecretary@gmail.com, and remember -- golf is a game in which you yell "fore," you score a six and you write down "five!" Enjoy!