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When J.C. Huizenga sold his namesake machinery manufacturing company, he wanted to share the spoils.The Huizenga Group chairman gave out nearly $6 million in bonuses to more than 575 workers in his two Michigan factories. It was his way of thanking the employees for helping grow the company, which now earns about $170 million in annual sales, according to CBS News.
“It is a team of people — I’ll take people over assets all day long,” he said in a segment that aired Friday on “CBS This Morning.” “It was very appropriate when we sold the company that employees should participate in the wealth we created.”
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