This Illinois company was just sold for $3 billion, but hundreds of employees are getting a cut. Some will get $800,000
When private equity firm KKR announced the $3 billion sale Monday of C.H.I. Overhead Doors to steel company Nucor, it created a windfall for hundreds of hourly workers at the plant in tiny Arthur, Illinois, who will receive between $20,000 and $800,000 each when the transaction closes.
The deal represents a huge return on investment for KKR, which bought the garage door manufacturer for $600 million in
