Tuesday, February 27, 2007

Enterprise Rent-A-Car Founder Gives $25 Million to Create New Institute for Renewable Fuels

The Donald Danforth Plant Science Center announced that Jack and Susan Taylor have given a $25 million gift to create the Enterprise Rent-A-Car Institute for Renewable Fuels. The Institute is named for the company founded by Jack Taylor in 1957 and still owned by the Taylor family.

The Institute will expand the Danforth Center to speed up development of plant-based renewable biofuels. The $25 million gift will endow a team of researchers to significantly expand the Danforth Center's renewable biofuels research capabilities. It
comes on the heels of Enterprise's pledge to underwrite the planting of 50 million trees in national forests over the next 50 years.

Source: US Newswire

No comments: