Fibrebond employees get $240M in bonuses as part of billion-dollar sale of north LA company

Christmas came early for the employees of Minden’s Fibrebond.

This spring, the family-owned company that got its start in 1982 sold for $1.4 billion to Eaton, a multinational corporation headquartered in Dublin, Ireland.

The Shreveport-Bossier City Advocate has confirmed that an important part of the deal was bonuses for Fibrebond’s 540 employees…

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