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Page 19 - Overhead Doors News Today : Breaking News, Live Updates & Top Stories | Vimarsana

KKR and C H I Employees Prove Ownership Works With Sale of C H I Overhead Doors to Nucor | Illinois

Nucor Announces Purchase Of Illinois Overhead Door Maker

Nucor Announces Purchase Of Illinois Overhead Door Maker
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Nucor (NUE) Acquires C H I Overhead Doors from KKR for $3B

Nucor (NUE) Acquires C H I Overhead Doors from KKR for $3B
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Nucor announces purchase of Illinois overhead door maker

CHARLOTTE, N.C. (AP) Nucor Corp. is buying an Illinois-based overhead door manufacturer for $3 billion in a deal expected to close in June, the company announced on Monday. In a news release , the Charlotte-based steel manufacturer said it has entered into an agreement to purchase C.H.I.

This Illinois company was just sold for $3 billion, but hundreds of employees are getting a cut Some will get $800,000

The $3 billion private equity sale of C.H.I. Overhead Doors has created a windfall for hundreds of hourly workers at the plant in downstate Illinois, who will receive between $20,000 and $800,000 each.

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