<p> Contact:</p><p>Marc Johnston, Channellock Inc. Director of Workforce Development 800/724-3018</p><p>FOR IMMEDIATE RELEASE:</p><p>CALVARY BAPTIST CHRISTIAN ACADEMY SENIOR AUSTIN CALDWELL WINS ELEVENTH ANNUAL CHANNELLOCK® SENIOR SCHOLARSHIP ESSAY CONTEST</p><p>MEADVILLE, Pa. (May 15, 2013) – Calvary Baptist Christian Academy senior Austin Caldwell has won the eleventh annual Channellock Inc., Senior Scholarship Essay Contest. Finishing in second place was Conneaut Area Senior High School senior Loriann Vernier and third place went to Alexander Bakus of Maplewood High School. </p><p>For submitting the winning essay, Caldwell will receive a $2,000 scholarship, Vernier will receive $750 and Bakus will receive $250. Award checks will be mailed directly to the students’ educational institutions at the beginning of the school year with the stipulation that the funds be used for their educational expenses.</p><p>The winning students were recognized during a presentation at Channellock Inc., in Meadville, Pa. Bill DeArment, president and CEO of CHANNELLOCK®, presented the winners with a certificate of commendation recognizing their achievements and a pair CHANNELLOCK® pliers, laser engraved with each student’s name and graduation year. </p><p>The topic of this year’s essay followed the question: Due to limited tax revenue (no new taxes) where would we make cuts to balance the federal budget?</p><p>Students were asked to write a 500 – 1000 word essay detailing their opinion on the topic, and supporting their arguments. The CHANNELLOCK® Scholarship Review Committee then read and scored each of the 19 entries received based on adherence to the theme, research/argument support and overall presentation.</p><p>“Each year our committee strives to pick a topic that challenges the students to research and form opinions about issues that will have an impact on them,” said Marc Johnston, director of workforce development at Channellock Inc. “Balancing the budget is something that will affect many generations to come and getting them to start thinking about these issues and what can be done to change them is something they will need in the future.”</p><p>The Channellock Inc., Senior Scholarship Essay Contest is made available annually to all Crawford County high school students enrolled, or planning to enroll, in any form of post-secondary education following high school. The post-secondary schooling can be at any institution — college, university, trade school or technical school.</p><p>Visit www.channellock.com for more information on Channellock Inc. To stay connected with CHANNELLOCK®, like CHANNELLOCK® on Facebook, join CHANNELLOCK ® Nation or follow CHANNELLOCK® on Twitter and Pinterest.</p><p>Celebrating its 127th year of business, Channellock Inc. is a worldwide leader in the manufacture of high- quality pliers and assorted hand tools. For more information on CHANNELLOCK® products, the company’s rich history, sales contacts and current news, visit CHANNELLOCK® at www.channellock.com. ###</p><p>1 st Place Picture: Pictured left to right: Austin Caldwell, Calvary Baptist Christian Academy, first place winner and Bill DeArment, president and CEO at Channellock Inc.</p><p>2 nd Place Picture: Pictured left to right: Loriann Vernier, Conneaut Area Senior High School, second place winner and Bill DeArment, president and CEO at Channellock Inc.</p><p>3 rd Place Picture: Pictured left to right: Alexander Bakus, Maplewood High School, third place winner and Bill DeArment, president and CEO at Channellock Inc.</p>