It’s said that people don’t wash rental cars because they don’t own them. But people that make garage doors apparently make them better when they own the company they work for.
Private equity firm KKR just sold CHI Overhead doors to steel company Nucor for $ 3 Billion…and the average employee (including truck drivers, assembly and clerical workers) had a $175,000 payday; the most tenured receiving as much as $750,000. This 4 minute video and story shares this remarkable story and may help you determine if your company should consider such an ownership model.
