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Alumni Couple Donate $1 Million For New MTU Building

Alumni and long-time donors Richard and Joyce Ten Haken are donating $1 million toward a new School of Business and Economics building project at Michigan Technological University.

They have also announced plans to give another multi-million dollar gift through their estate, to support SBE infrastructure, faculty and students.

“A building would be a clear signal to the University and the world about the importance of Michigan Tech’s School of Business and Economics,” Ten Haken said on a visit to campus last month.

Engineers and scientists need to learn to interact with business people, he explained. “If an engineer or a scientist comes up with a great product, it’s not going to come to market without business know-how,” he said.  “They need to learn to talk business language, to understand business concepts.”

The Ten Hakens both earned BS in Accounting degrees from Michigan Tech in 1970. Richard flew for the Air Force and later as a commercial airline pilot. Joyce used her accounting education to pursue a career as a certified public accountant.  She now owns the largest CPA firm in Yuba City, California, where the Ten Hakens live.

Last year, they established two Faculty Fellows in the School of Business and Economics.  The couple has also been supporting scholarships for SBE students for nearly 20 years.

For the full story, see http://www.mtu.edu/news/stories/2017/october/richard-joyce-ten-haken-give-1-million-school-business-economics.html

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