Louisiana Factory Workers Score $443K Bonuses
Update: 2025-12-26
Description
CEO Graham Walker of Fibrebond, a Louisiana factory, surprises employees with six-figure bonuses totaling $240 million, following the sale of the company to Eaton. The non-negotiable term, fifteen percent of the proceeds, goes directly to employees, with average payouts of $443,000 over five years. Workers, many long-time staff, express gratitude and share stories of mortgage payments, college funding, and retirement plans, highlighting the companys commitment to loyalty and community.
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