
Fibrebond, a family-owned American manufacturer, was sold to Eaton for approximately $1.7 billion. As a condition of the sale, CEO Graham Walker ensured 15% of the proceeds, totaling $240 million, were distributed as bonuses to over 550 employees who had remained loyal through various business cycles. These life-changing bonuses, averaging $443,000 paid over five years, were given to workers without company stock, significantly impacting their lives and the local Louisiana community.