Maxtor Corporation, a worldwide leader in hard disk drives and consumer storage products, announced that the company and its U.S.-based employees have raised $124,000 for Hurricane Katrina relief efforts.

Maxtor’s 3,500 U.S. employees, largely based in Milpitas, CA; Longmont, CO; and Shrewsbury, MA, donated $74,000, exceeding the fundraising goal of $50,000 which the company is matching. The funds will be channeled to relief efforts through the American Red Cross.

“We are very grateful for the generous response of Maxtor employees to the tragedy that struck the Gulf Coast states,” said John Klinestiver, senior vice president, Human Resources. “Our hearts go out to those affected by this terrible event as they work to rebuild their lives.”

In addition to the fundraising, Maxtor employees in Longmont gathered several truckloads of emergency supplies of food, toiletries and household items that were shipped directly to families in Louisiana.