Gift helps to support Business Case Competition

A recent gift from The Hite Company will help fund Penn State Altoona's first Business Case Competition. To be held at the new Sheetz Center for Entrepreneurial Excellence in November, the competition is open to full-time undergraduate students attending the Penn State Altoona or University Park campuses. Eight teams of four students each will present for 20 minutes on a case developed by the Business Case Competition Advisory Board, based on an existing opportunity at The Hite Company. That will be followed by two 10-minute sessions with the judges: one featuring a question-and-answer format and the other focused on feedback.

Through participation in the team competition, students will engage in a problem-solving exercise outside of the classroom that facilitates development of leadership skills, quantitative and qualitative skills, as well as presentation and communication skills. Students also will benefit from networking opportunities with leaders from the business community.
In addition to funding hotel accommodations and an array of costs associated with the competition, The Hite Company’s gift will provide a $2,500 award to each member of the winning team.
The Hite Company is a full-line electrical and electronics distributor with locations in Pennsylvania, western New York and northern West Virginia. Founded by Bob and Evie Hite in 1949 as a mill supply house that evolved into an electrical supply business, The Hite Company currently represents most of the top-quality manufacturers of products distributed to electrical contractors, industrial maintenance and manufacturing institutions, and the public through the retail lighting centers.
Visit http://www.altoona.psu.edu/now/news.asp?value=3337 for more information on the competition and The Hite Company.
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Last Updated August 23, 2011