BAYPORT, MN (February 3, 2017) – The Andersen Corporation today announced the company is paying $17 million in employee profit sharing reflecting the team’s strong performance and their focus on delighting our customers in 2016. Each eligible employee will receive $1,790 USD, a 12 percent increase over last year’s profit sharing payment.
“Andersen employees have a strong sense of ownership of the business and profit sharing is an important way that we recognize the team’s commitment and dedication,” said Jay Lund, Chairman and Chief Executive Officer.
Andersen’s history of sharing success with employees dates back more than 100 years.
About Andersen Corporation
Headquartered in Bayport, Minnesota, Andersen Corporation and its subsidiaries manufacture and market window and door products under the Andersen®, Renewal by Andersen®, Silver Line® and American Craftsman® brands. Andersen was founded in 1903 and employs 11,000 people in locations across North America. Andersen is a privately held company. Visit us at andersencorporation.com.